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South Africa Today daily economic news and indicators

How failing power utility is fuelling South Africa's economic crisis

How failing power utility is fuelling South Africa’s economic crisis

South Africa’s state power utility Eskom is the biggest challenge facing the country. Mess up Eskom, and you mess up the country. And it...
i2c Expands Presence in Middle East and Africa Due to High Demand for Its Agile Processing

i2c Expands Presence in Middle East and Africa Due to High...

REDWOOD CITY, Calif.--(BUSINESS WIRE/AETOSWire)-- i2c Inc., a leading provider of payment and open banking technology, today announced it is expanding its presence in the Middle...
Who has been hit hardest by South Africa’s lockdown? We found some answers

Who has been hit hardest by South Africa’s lockdown? We found...

In trying to limit the spread of COVID-19, policymakers globally have the difficult task of balancing the positive health effects of lockdowns against their...

WorldRemit Leads the Way Offering a USD Payout Option in Nigeria

New CBN rules allow beneficiaries to withdraw funds in USD to boost formal remittances to Nigeria (BUSINESS WIRE)-- WorldRemit, a leading digital cross-border payments business has...

The Mandela Rhodes Foundation Launches $80k Äänit Prize for Social Impact...

CAPE TOWN, South Africa--(BUSINESS WIRE/AETOSWire)-- Nelson Mandela’s official legacy organisation for leadership development has announced a new prize. The Äänit Prize will award up...

IHS Holding Limited Reports Third Quarter 2021 Financial Results (Unaudited)

CONSOLIDATED HIGHLIGHTS – THIRD QUARTER 2021 Completed $378 million IPO on the NYSE on October 14, 2021 Revenue increased 8.7% (or 11.8% organically) to...
The South African Cultural Observatory (SACO)

SACO CLINCHES BIG NAMES FOR CULTURAL AND CREATIVE SECTOR CONFERENCE

Gqeberha- The South African Cultural Observatory (SACO) today announced an exciting international line-up of speakers for the upcoming 4th SACO International Conference comprising of...
South Africa’s GDP grows by 0.6%

South Africa’s GDP grows by 0.6%

Stats SA has announced that South African real Gross Domestic Product (GDP) expanded by 0.6% in the second quarter of 2023, which measured is...
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...
The Pound’s Pause Before Dive

The Pound’s Pause Before Dive

The British Pound has spent the past week in a tight 500 pip range but has mostly traded around the 1.2620 level. Attempts by...
Slower US inflation clears the way for a rate cut

Slower US inflation clears the way for a rate cut

Inflation in America came out weaker than expected, actualising the question of a key rate cut. This is negative news for the dollar, which...
Economic indicators for 26 October 2017 (07:00)

Economic indicators for 18 May 2017 (07:00)

Below are the economic indicators for 18 May 2017 as at 07:00 (Values in parentheses indicates previous closing values.) Rand / US dollar R13.27 (R13.09) Rand /...