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South Africa Today daily economic news and indicators

Weak China inflation pressing CNY

Weak China inflation pressing CNY

Consumer prices in China accelerated their decline in November, losing 0.5% yoy vs. 0.2% yoy expected and the same amount a month earlier. Producer prices...
World Green Economy Summit emphasises the need for prompt and collaborative action

World Green Economy Summit emphasises the need for prompt and collaborative...

Dubai, United Arab Emirates — Under the patronage of HH Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE...
Bastian Teichgreeber, Chief Investment Officer at Prescient Investment Management

Navigating Global Challenges with a Data-Driven Approach

Bastian Teichgreeber, Chief Investment Officer at Prescient Investment Management Cape Town, 6 December 2023 - As the world grapples with rising global interest rates,...
SOUTH AFRICANS ARE PREDICTED TO SPEND R224 BILLION THIS FESTIVE SEASON

SOUTH AFRICANS ARE PREDICTED TO SPEND R224 BILLION THIS FESTIVE SEASON

South Africans will spend an estimated R224 billion over the festive period, down from R226 billion in 2022. South Africans are budgeting an...
AG: Unauthorised expenditure remains high

AG: Unauthorised expenditure remains high

The Auditor-General of South Africa (AGSA) Tsakani Maluleke says unauthorised expenditure at departments remained high throughout the administrative term, totaling R28.22 billion over four...
Onyi Nwaneri, Deputy CEO of Afrika Tikkun

Youth development group sparks debate: Is South Africa fighting a skills...

Afrika Tikkun and Microsoft Unite South African Businesses to Revolutionise Youth Employability and Close the Skills Gap  Some of the country’s largest corporations at a...
A slump in US home sales is not yet a bad sign

A slump in US home sales is not yet a bad...

US Existing Home Sales have continued to fall under the pressure of high interest rates despite prices retreating from their highs. It is well known...
AG: Unauthorised expenditure remains high

S&P keeps SA credit ratings unchanged

Government says it has noted Standard and Poor (S&P) Global Ratings’ decision to affirm South Africa’s long-term foreign and local currency debt ratings at...
AG: Unauthorised expenditure remains high

Small business can stimulate economic growth, job creation

Focusing on Small Medium and Micro Enterprises (SMMEs) and cooperatives can trigger growth, create jobs and build a more inclusive economy, says President Cyril...
Industrial Revolution in Africa

The Case for an Industrial Revolution in Africa: Can South Africa’s...

Africa, a continent of immense potential, stands at a critical juncture. The call for an industrial revolution is not merely a suggestion but an...
Strong consumer demand did not prevent inflation from softening

Strong consumer demand did not prevent inflation from softening

A new batch of statistics from the US once again reminds us of the Goldilocks story, when one can have fun and not pay...
Aussie dollar goes down under

Aussie goes down under

The Australian Dollar has lost over 1% since the start of the day on Tuesday as traders appeared unimpressed with the monetary authorities' actions. The...