MPC keeps interest rates on hold as inflation remains a threat.
By Lehlohonolo Lehana. The South African Reserve Bank’s (SARB) Monetary Policy Committee (MPC) kept interest rates on hold at 8.25% in
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December’s annual headline inflation is lower than expected.
By Lehlohonolo Lehana. The monthly inflation rate eased again in December, dropping 0.4 percentage points to 5.1 percent as food
Godongwana to table 2024 budget on the 21st of February.
By Lehlohonolo Lehana. Finance minister Enoch Godongwana will table 2024/2025 budget in parliament on Wednesday February 21, the National Treasury
Leoka resigns from Amplats board as PhD appears to be a figment of her imagination.
By Lehlohonolo Lehana. Embattled Economist Thabi Leoka has resigned from the board of Anglo American Platinum amidst allegations that she
Fitch keeps SA’s credit rating unchanged at BB- with stable outlook.
By Lehlohonolo Lehana. The international credit rating agency Fitch Ratings on Friday, has kept South Africa’s credit rating unchanged, predicting that load
Kganyago sees interest rates higher for longer while inflation remains persistent.
By Ntando Thukwana. South African Central Bank (SARB) Governor Lesetja Kganyago ruled out cutting interest rates while inflation remains persistent.
Enoch Godongwana says no imminent plan to tap reserves.
By S’thembile Cele. Finance Minister Enoch Godongwana played down the likelihood of a decision soon to tap a R497-billion contingency fund held
Eskom names newly created transmission company board.
By Lehlohonolo Lehana. State owned power utility Eskom has announced that it has appointed directors to the board of the
South African factory activity expands in December – ABSA PMI.
By Lehlohonolo Lehana. The Absa Purchasing Managers’s Index (PMI) rose by 2.7 points to 50.9 index points – above the
Tongaat BRPs publish amended rescue plans after judicial ruling.
By Lehlohonolo Lehana. The business rescue practitioners of sugar producer Tongaat Hulett on Tuesday, 02 Junuary 2024, released amended plans
Motorists get some relief at the pumps at the start of the new year.
By Lehlohonolo Lehana. The Department of Mineral Resources and Energy (DRME) has published the official fuel price adjustments for January
Embattled port and rail utility Transnet reports R1.6bn half-year loss.
By Lehlohonolo Lehana. State-owned logistics company Transnet has recorded a R1.6bn loss for the six months to end-September citing lower