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South Africa Today daily economic news and indicators

Why South Africa shouldn’t turn to the IMF for help

The view that South Africa should look towards the International Monetary Fund (IMF) to be rescued from the unfolding economic meltdown seems to be...

Economists fear a further downgrading of South Africa’s economy

The rating agency Moody's warned that it is not going well in South Africa, and economists fear a further downgrade of the country's economy. It...
South Africa takes steps to adjust copyright law to the digital age

South Africa takes steps to adjust copyright law to the digital...

South Africa’s Parliament is debating the 2017 Copyright Amendment Bill which is aimed at aligning the country’s laws with the digital age. I, as well...
Economic indicators for 26 October 2017 (07:00)

Economic indicators for 28 September 2017 (07:00)

Below are the economic indicators for 28 September 2017 as at 07:00 (Values in parentheses indicates previous closing values.) Rand / US dollar R13.62 (R13.37) Rand /...
Economic indicators for 26 October 2017 (07:00)

Economic indicators for 27 September 2017 (07:00)

Below are the economic indicators for 27 September 2017 as at 07:00 (Values in parentheses indicates previous closing values.) Rand / US Dollar R13.37 (R13.30) Rand /...
Finance ministry dismisses 'malicious' PIC reports

Finance ministry dismisses ‘malicious’ PIC reports

The Ministry of Finance has refuted media reports stating that National Treasury wants to use R100 billion of the funds in the Public Investment...
The lesser known and scarier facts about unemployment in South Africa

The lesser known and scarier facts about unemployment in South Africa

The latest South African jobs statistics continue to reflect a shockingly high unemployment rate which will take some doing to reverse. Concerns about the...
BRICS is being battered by global crises: why this might not be a bad thing

BRICS is being battered by global crises: why this might not...

At the BRICS summit in Russia two years ago, Chinese Premier Xi Jinping invoked physics when asking fellow leaders “to boost the centripetal (unifying)...
South Africa needs to sober up to save itself from sickly state-owned enterprises

South Africa needs to sober up to save itself from sickly...

The South African government is said to be seriously considering selling its stake in telecommunication firm, Telkom, in order to save the troubled South...
Obsession with growth won't help South Africa's economic recovery

Obsession with growth won’t help South Africa’s economic recovery

Faced with a growing economic crisis, South Africa’s new Finance Minister, Malusi Gigaba, has come up with a 14 point plan to turn the...
How South African business can help government fix the economy. Image credit: BLSA

How South African business can help government fix the economy

What business is willing to say to itself is as important, as what it says to government. Which is why the document, a contract...
State owned enterprises shouldn't be used as pawns in South African politics

State owned enterprises shouldn’t be used as pawns in South African...

State owned enterprises are vital to many economies, but are particularly vital to those seeking economic development. This is true in South Africa too. Which...