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South Africa Today daily economic news and indicators

Gigaba to table 2018 Budget

Gigaba to table 2018 Budget

Finance Minister Malusi Gigaba will this week table the 2018 Budget in Parliament. The much anticipated budget will be tabled in the National Assembly on...
Stock market performs poorly

Stock market performs poorly

Sasfin, David Shapiro said in a report that stocks such as PSG, Discovery, Capitec, Coronation, Blue Label and DisChem had performed the worst in...
The Bang For Our Buck

The Bang For Our Buck

The rand is in a terrible state. Donald Trump has made huge adjustments to the US local policy, at the expense of the rest...
SA set to ramp up ICT collaboration with China

SA set to ramp up ICT collaboration with China

Communications Minister Stella Ndabeni-Abrahams says collaboration between South Africa and China is key to drive economic growth and the rapid adoption of ICT technologies. The...

Panel of experts to assess Eskom’s challenges

Public Enterprises Minister Pravin Gordhan says the Eskom Board will appoint a panel of experts to do an assessment of all the power supply...
The truce in the U.S.-China trade war is in tatters.

China-US trade war heats up: 3 reasons it won’t cool down...

China said on May 13 that it will impose new tariffs on a range of American goods in retaliation for President Donald Trump’s decision...
Treasury increases bond auctions

Treasury increases bond auctions

The National Treasury has announced an increase in the fixed-rate and inflation-linked bonds weekly auction levels. In a statement issued on Thursday, the National Treasury...
Does International Aid Develop the Economy?

Does International Aid Develop the Economy?

How should we infer the word ‘Aid’?  The literal meaning is to help or support. However, it is not wise to consider the aid...
COVID-19: the cure could be worse than the disease for South Africa

COVID-19: the cure could be worse than the disease for South...

As the new coronavirus SARS-CoV-2 spreads worldwide, some governments have taken rapid and unprecedented action. Others, led by bigoted leaders who disparage science and...

Who to trust in an online retail world awash with special...

E-commerce, and specifically in the retail sector, has broken barriers regardless of the global pandemic’s lockdown restrictions. Statista, a global business-data platform, believes that...

OPEC Fund Supports Post-COVID-19 African Infrastructure With $50m Loan to Africa...

VIENNA--(BUSINESS WIRE/AETOSWire)-- The OPEC Fund for International Development (the OPEC Fund) and Africa Finance Corporation (AFC) have signed a $50 million loan agreement to...
Local community members band together to save small businesses destroyed in recent KZN unrest

Local community members band together to save small businesses destroyed in...

Many uninsured small/micro businesses have been destroyed in Kwa-Zulu Natal during the recent violence and looting. As a registered NPO, The Peace Agency is inviting...