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News from South Africa Economy

Stay current with all the latest and breaking news about South Africa Economy, compare headlines and perspectives between news sources on stories happening today. In total, 229 stories have been published about South Africa Economy which Ground News has aggregated in the past 3 months.

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Top South Africa Economy News

BHP’s ‘unbundle’ demands on bid for Anglo is an indictment on SA economy - Piet Viljoen

Economy · South Africa

BHP’s ‘unbundle’ demands on bid for Anglo is an indictment on SA economy - Piet Viljoen

100% Right coverage: 1 sources

Australian mining group BHP has launched a R650bn takeover bid for SA’s 107-year-old one-time global giant Anglo American – a company now worth just a quarter of BHP’s value. If successful, the deal would merely be “material” rather than “game-changing” for BHP, which is attracted by its rival’s South American copper mines. A key part of the BHP bid is that Anglo must first unbundle its major South African assets Kumba Iron Ore and Anglo Platinu…See the Story

SA wage increases are beating inflation, but it's still not enough - survey

Inflation · South Africa

SA wage increases are beating inflation, but it's still not enough - survey

100% Center coverage: 1 sources

While average pay rises are beating CPI, they are way below increases in food, fuel and electricity, according to Old Mutual-owned Remchannel.See the Story

City of Joburg offers 10% discount on municipal bills to cash-strapped households

Economy · South Africa

City of Joburg offers 10% discount on municipal bills to cash-strapped households

100% Right coverage: 1 sources

The current economy has made it hard for a lot of people to keep up with their utility bills. On Monday, the City of Johannesburg announced a discount on the minimum amount needed to be paid by households that have municipal debt. The offer is only available to residential City of Joburg customers struggling to keep up with their monthly municipal bills. The offer is only available from 22 April up until 31 May 2024. ALSO READ: WATCH: ‘A sad da…See the Story

Latest News Stories

ANC · South Africa

Loaded for Bear: The rand is set for a turbulent elections ride

100% Center coverage: 1 sources

The rand/dollar exchange rate is influenced by a range of factors. But for the next few weeks, South Africa’s general elections on 29 May and the result that follows will be the main driver of the currency. It’s bound to be a turbulent ride and the economic stakes are sky high. The post Loaded for Bear: Rand set for turbulent ride until elections — and their aftermath appeared first on Daily Maverick.See the Story

Economy · South Africa

Telkom launches uncapped prepaid fibre at R99/week - TechCentral

To attract new customers in a tough economy, Telkom has launched a new prepaid fibre solution for R99/week.See the Story

Oil and Gas Sector · South Africa

'Upside risks to inflation' Kganyago on oil price, US rates and elections

100% Center coverage: 1 sources

WASHINGTON, April 20 - South Africa faces upside risks to its inflation outlook, Central Bank Governor Lesetja Kganyago said, but the latest data has not shown evidence of price pressures from food despite adverse El Nino weather wreaking havoc acroSee the Story

Inflation · South Africa

'Almost inflation-proof' recipes leave South Africans with a very limited menu

100% Center coverage: 1 sources

The rise in food prices have left low-income households with very few choices for meals and shows the stark differences between the impact of inflation on a First World country versus a developing nation.See the Story

Stock Markets · North West

Three suspects arrested for stock theft in North West remanded

100% Right coverage: 1 sources

Three suspects who allegedly stole 40 cattle at a farm near Delareyville in North West appeared in the Sannieshof magistrate’s court on Friday to face charges of stock theft.See the Story

Central Bank · South Africa

Nigeria government halves central bank borrowing

100% Right coverage: 1 sources

Nigeria has halved federal borrowing from the central bank, according to Finance Minister Wale Edun, as Africa's biggest economy works to curb monetary financing and shift to markets to plug revenue shortfalls.See the Story

Trade · Cape Town

Young backline star Feinberg-Mngomezulu signs long-term contract extension with Stormers

100% Center coverage: 1 sources

Talented backline ace Sacha Feinberg-Mngomezulu has signed a contract extension that will see him keep paying his trade with the Stormers until at least 2027.See the Story

Inflation · South Africa

South Africa inflation eases in March

100% Left coverage: 1 sources

South Africa's economy, already weakened by the pandemic, has suffered multiple crises ranging from large scale power and water cuts, floods and widespread infrastructure failuresSee the Story

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