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South Africa Today daily economic news and indicators

Kenya stands out as the epicenter of tourist success in South Africa

Kenya stands out as the epicenter of tourist success in South...

About 5.8 million people from other African countries visited the nation between January and November 2023. In the post-COVID era, the tourism industry has proven...
The Kingdom of Saudi Arabia and the World Economic Forum’s (WEF) innovation platform UpLink today signed two agreements to catalyze innovative global solutions to today’s most pressing environmental and sustainability challenges.

Saudi Arabia expands partnership with World Economic Forum’s UpLink platform to...

The Kingdom of Saudi Arabia and the World Economic Forum’s (WEF) innovation platform UpLink today signed two agreements to catalyze innovative global solutions to...
Saudi Arabia reiterates call for immediate ceasefire in Gaza, de-escalation in the Red Sea

WEF24: Saudi Arabia reiterates call for immediate ceasefire in Gaza, de-escalation...

Saudi Arabia reinforced its call for an immediate ceasefire in Gaza, and an end to the spiraling volatility in the Red Sea, today at...
Saudi Export-Import Bank Signs Memorandum of Understanding with Export–Import Bank of the United States

Saudi Export-Import Bank Signs Memorandum of Understanding with Export–Import Bank of...

Saudi EXIM Bank has signed a Memorandum of Understanding (MoU) with US EXIM, focusing on fostering comprehensive collaboration, strengthening economic ties, and advancing trade...
Aramco Digital

Aramco Digital and Intel Aim to Forge Collaboration to Establish Saudi...

Aramco Digital and Intel announced their intent to establish Saudi Arabia’s inaugural Open RAN (Radio Access Network) Development Center. The facility is expected to...
High-level delegation from Saudi Arabia to participate in World Economic Forum Annual Meeting

Chaired by His Highness the Minister of Foreign Affairs, high-level delegation...

Chaired by His Highness Prince Faisal bin Farhan bin Abdullah, Minister of Foreign Affairs, a high-level delegation from the Kingdom of Saudi Arabia will...
Soft inflation has pressed the Pound, but hardly the BoE

Soft inflation has pressed the Pound, but hardly the BoE

Britain's impressive slowdown in inflation has increased speculation around a rate cut next year. The headline consumer price index lost 0.2% in November, and...
Another batch of robust data supported FOMO in US equities

Another batch of robust data supported FOMO in US equities

Consumer sentiment and the US secondary home sales market are rebounding better than expected - another economic surprise from the world's largest economy. The Consumer...
Bank of England Hawks Extend the Pound's Rally

Bank of England Hawks Extend the Pound’s Rally

The Fed's dovish attitude, for now, hasn't extended too far into Europe. The Bank of England kept its key rate unchanged at 5.25%, with...
The UK Needs Lower Rates and a Weaker Currency

The UK Needs Lower Rates and a Weaker Currency

A series of macro statistics continue to be published to help build a picture of the economy ahead of the Bank of England's final...
US Inflation: Without Notable Decline

US Inflation: Without Notable Decline

US consumer prices rose by 0.1% m/m (stronger than expected 0.0%). Annual inflation slowed from 3.2% to 3.1%. Core (excluding food and energy) rose...
Is the UK Labour Market Cool Enough for the BoE?

Is the UK Labour Market Cool Enough for the BoE?

The UK labour market is cooling, showing an increase in claims from claimants. In addition, wage growth is slowing. The data provided further evidence...