Economy
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Economy
The Group of Twenty (G20) South Africa
SA has vowed to seize the moment to shape the agenda, influencing a paradigm shift whereby G20 countries will be required to situate inequalities at the heart of economic policy making.
SA inflation steady in May, as expected
Date:Jun 18, 2025
South Africa's (SA) headline inflation rate remained at 2.8% year on year in May, unchanged from the previous month as expected by analysts, statistics agency data showed on Wednesday.
Trump to extend TikTok sale deadline for third time, White House confirms
Date:Jun 18, 2025
United States (US) President Donald Trump will extend a June 19 deadline for China-based ByteDance to divest the US assets of short video app TikTok for 90 days.
SA Union of Metalworkers pickets outside State-owned arms manufacturer over wage dispute
Date:Jun 18, 2025
The National Union of Metalworkers of South Africa (SA) (NUMSA) is holding a picket outside the offices of State-owned arms manufacturer Denel in Centurion, Gauteng province, on Wednesday..
Jittery markets await Fed as Mideast conflict rages on
Date:Jun 18, 2025
Concerns over escalating hostilities in the Middle East stayed front and centre in markets on Wednesday, sending oil prices higher and leaving investors hesitant to scoop up risk assets
Rand edges up before local inflation and retail sales data
Date:Jun 18, 2025
The South African (SA) Rand edged up in early trade on Wednesday ahead of the release of domestic inflation and retail sales data, as investors also awaited an interest rates decision from the United States (US) Federal Reserve later in the day.
Commonwealth launches investment network to boost inclusive trade
Date:Jun 18, 2025
Closing the trade finance gap is essential to making trade accessible to all, particularly for micro, small and medium enterprises, women entrepreneurs, and young people across the Commonwealth.
SA President concludes G7 visit, emphasises SA’s role as incoming G20 host
Date:Jun 18, 2025
President Cyril Ramaphosa has returned to South Africa (SA) following a working visit to Canada, where he participated in the G7 Outreach Programme alongside several other world leaders.
Dollar wobbles as investors monitor Israel-Iran conflict ahead of Fed decision
Date:Jun 18, 2025
The United States (US) Dollar wavered against most major currencies on Wednesday, as fighting between Israel and Iran left investors nervous ahead of a keenly awaited Federal Reserve decision on interest rates later in the day.
Oil prices ease as Iran-Israel conflict enters sixth day
Date:Jun 18, 2025
Oil prices eased in Asian trade on Wednesday, after a gain of 4% from the previous session.
Kenya’s new anti-money laundering law a strategic move: Expert
Date:Jun 18, 2025
Kenya’s newly signed anti-money laundering law is a “timely and strategic intervention” to protect the country’s financial system and national security, says international relations expert Dr Isaque Vulola.
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