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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, 243 stories have been published about South Africa Economy which Ground News has aggregated in the past 3 months.
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Trade · South AfricaAgriDex, a Solana-based marketplace, has completed its first agricultural RWA trade on the Solana blockchain. The trade involved shipping over 200 bottles of olive oil and cases of wine from South Africa to London. AgriDex aims to bring the global agricultural market on-chain by tokenizing various crops. This initiative is expected to reduce transaction costs and increase transparency in agricultural trade.To continue reading this as well as oth…See the Story
AgriDex Completes First Agricultural RWA Trade on Solana Blockchain
Inflation · South AfricaSouth Africa’s central bank may find it difficult to achieve and sustain an inflation rate of 4.5% over the next few years as infrastructure backlogs and fiscal constraints push up the prices of key essential services, Stanlib Asset Management said.See the Story
South Africa may battle to sustain inflation near 4.5%, Stanlib says
100% Center coverage: 1 sources
Central Bank · South AfricaSouth Africa’s inflation rate fell slightly in June, touching a six-month low and potentially encouraging the central bank to consider cutting borrowing costs later this year.See the Story
Inflation hits lowest level in six months, fuels hopes for rate cut in Sept
100% Center coverage: 1 sources
Wages · South AfricaCurrent and former employees speak out after labour department inspection at takeaway food packaging manufacturer African Star Pac in Ekandustria, Bronkhorstspruit.See the Story
Inside African Star Pac: Labour violations and unpaid wages alleged as business inspected
100% Center coverage: 1 sources
Inflation · JohannesburgCPI softens to 5.1% in June Estelle.Bronkhorst Wed, 07/24/2024 - 11:10
JOHANNESBURG - Consumer inflation has dipped marginally from 5.2 percent in May to 5.1 percent in June.Annual food inflation was the lowest in 45 months after stalling at 4.7 percent in April and May.The annual rate for food and non-alcoholic beverages edged lower to 4.6 percent in June.This month's reading is the lowest since September 2020 at the peak of the Covid-…See the Story