Economy
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Economy
Oil steady as investors watch OPEC+ decision
Date:Jul 1, 2025
Oil prices steadied on Tuesday after sliding earlier in the session, with the market weighing expectations of an Organisation of the Petroleum Exporting Countries (OPEC) output hike in August in an upcoming meeting.
Dollar struggles near 4-year lows as Trump's tax bill and tariffs weigh
Date:Jul 1, 2025
The United States (US) Dollar languished at its weakest against the euro since September 2021 on Tuesday, as President Donald Trump's spending bill stoked fiscal worries while uncertainty around trade deals remained a drag on sentiment.
SA Rand stable before manufacturing PMI and car sales figures
Date:Jul 1, 2025
South African (SA) Rand was stable in early trade this Tuesday, before the release of a purchasing managers' index (PMI) survey for the local manufacturing sector and vehicle sales data.
SA Gauteng Education Assistants’ stipends delayed by data verification
Date:Jul 1, 2025
Around 8 000 Education Assistants in Gauteng province, South Africa (SA), are expected to face delays in receiving their stipends due to a thorough data verification process, the Gauteng Department of Education has confirmed.
Kenya inflation at 3.8% year-on-year in June
Date:Jun 30, 2025
Kenya's inflation was at 3.8% year-on-year in June, same level as the previous month, the statistics office said this Monday.
Call for grant increases as millions in SA struggle below poverty line
Date:Jul 1, 2025
Institute for Economic Justice (IEJ) has urged the South African (SA) government to urgently raise social grant payments.
Sharp decline in global education aid puts poorest nations at risk: UNESCO
Date:Jul 1, 2025
Education systems in some of the world’s poorest countries are heading for crisis as international aid is expected to fall dramatically over the next few years.
Car dealers in China's Yangtze delta region warn of 'severe challenges'
Date:Jul 1, 2025
Car dealers in one of China's richest regions are appealing to automakers to overhaul sales strategies amid mounting pressure on their cash flow
‘SA must pay skilled officials more to rescue failing municipalities’
Date:Jul 1, 2025
Offering skilled professionals’ salaries higher than those of the private sector may be the key to rescuing South Africa’s (SA) struggling municipalities.
Zambia launches 100 megawatt solar plant supplying First Quantum Minerals
Date:Jun 30, 2025
Zambia's President Hakainde Hichilema this Monday opened the country's biggest grid-connected solar power plant, built by PowerChina, which will supply electricity to copper miner First Quantum Minerals.
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