Economy
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Economy
30 YEARS OF SA DEMOCRACY
Reflections on the 30 years of freedom and democracy in South Africa.
SA repo rate cut to ease consumer debt burden
Date:Jan 30, 2025
As expected, the South African Reserve Bank’s (SARB) Monetary Policy Committee has decided to cut the repo rate by 25 basis points to 7.5%.
Eskom tariffs to rise by lower than requested 12.7%
Date:Jan 30, 2025
South Africa's (SA) energy regulator this Thursday granted state power utility Eskom an average tariff increase of 12.7% for 2025/26, a third of what the debt-laden company had requested.
SARB set to cut repo rate by 25bps as inflation eases
Date:Jan 30, 2025
It is widely expected that the South Africa Reserve Bank (SARB) will cut the repo rate by 25 basis points when it makes its announcement this afternoon.
SA credit rating upgraded as economic outlook improves
Date:Jan 30, 2025
South Africa (SA) has received a credit rating upgrade from Sovereign Africa Ratings (SAR), reflecting growing confidence in the country's economic recovery and fiscal stability.
SA's economic outlook shows modest growth despite challenges
Date:Jan 30, 2025
South Africa (SA) is on a path to recovery, with projected gross domestic prodcut (GDP) growth of 1.8% between 2025 and 2027.
Morocco stops German feed grain imports over foot-and-mouth disease
Date:Jan 30, 2025
Morocco has halted imports of feed grains from Germany following an outbreak of foot-and-mouth disease, the head of Morocco's grain trade federation (FNCL) said this Thursday.
SA startup launches innovative workplace series to address sexual harassment
Date:Jan 30, 2025
South African (SA) startup Run to the Monster has launched The Line, a bold Netflix-for-Work-style documentary series aimed at tackling workplace sexual harassment.
Smaller economies' medium term default risk could have risen
Date:Jan 30, 2025
Some of the world's smallest economies, especially in Africa, could be at increased risk of being unable to pay their debts in the medium term, even as developing nations have emerged from a series of sovereign defaults, financial adviser Lazard said
Rand stable ahead of rate decision
Date:Jan 30, 2025
South Africa's (SA) Rand was little changed early on Thursday ahead of an interest rate decision by the South African Reserve Bank (SARB).
Burkina Faso, Mali, Niger’s Exit from ECOWAS Was ‘Inevitable’: Expert
Date:Jan 30, 2025
Burkina Faso, Mali, and Niger have formally withdrawn from the Economic Community of West African States (ECOWAS), marking a significant shift in the region’s political and economic landscape.
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