South Africa’s central bank is now expected to enact a mere 50 basis points of interest rate …
South Africa
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South Africa plans to use future withdrawals from its Gold and Foreign Exchange Contingency Reserve Account to …
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Manufacturing activity in South Africa declined in March, as indicated by the Purchasing Managers’ Index (PMI).
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Africa NewsFeature
S. Africa’s producer price inflation down to 4.5% in Feb
by Aya Anwarby Aya AnwarSouth Africa’s annual producer price inflation for final manufacturing stood at 4.5 per cent in February 2024.
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BanksFeatureInternational NewsMoneyNews
BRICS bank plans to provide $5b loans in ’24
by Nada Aliby Nada AliThe New Development Bank (NDB), set up by the BRICS group of emerging economies, plans to provide …
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South Africa witnessed in February a rise in consumer inflation for the second consecutive month, reaching 5.6 …
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Africa NewsFeatureMiningNewsStocks
S. African rand falls against dollar ahead of mining data
by Nada Aliby Nada AliThe South African rand weakened against the dollar in early trading on Thursday ahead of the release …
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FeatureIndustry & Trade
Russian coal struggles in Asian Market amid price dip
by Aya El Sayedby Aya El SayedRussia’s seaborne coal exports to Asia have been showing a downward trend in recent times, including a …
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Africa NewsBanksFeatureIndustry & TradeMoneyTech/AI
S. Africa’s private sector expands in Feb
by Aya Anwarby Aya AnwarSouth Africa witnessed a resurgence in private sector activity in February after a six-month downturn buoyed by …