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South Africa Today daily economic news and indicators

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...
S&P keeps SA credit ratings unchanged

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...
S&P keeps SA credit ratings unchanged

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...
The US jobs report deepens dollar retreat

The US jobs report deepens dollar retreat

Finally, US data came out so weak that the market could celebrate. The US labour market added 150k jobs in October after 297k (revised...
ADP still paints a bleak US jobs picture

ADP still paints a bleak US jobs picture

ADP estimates of the US labour market two days before the official release painted a relatively bleak picture. The private sector reportedly created 113K...
SA SURGING FUEL HIKES TAKE A DIP AT EMERGING BUSINESSES AND FOOD COSTS

SA SURGING FUEL HIKES TAKE A DIP AT EMERGING BUSINESSES AND...

On Wednesday, both grades of petrol increased by between R1.08 (for 93 Unleaded) and R1.14 (95 Unleaded), while diesel increased by between R1.93 (low-sulphur...
Fred Razak, Chief Trading Strategist at CMTrading

GLOBAL INFLATION KEEPS RISING presenting a persistent challenge

As inflation and interest rates continue their upward trajectory, causing concern among households and businesses, Fred Razak, Chief Trading Strategist at the online trading...
S&P keeps SA credit ratings unchanged

SA, Vietnam to increase, diversify trade

It is important to increase and diversify South African exports to Vietnam in order to cover more value added items, says Trade, Industry and...
S&P keeps SA credit ratings unchanged

SA economy demonstrates resilience through multiple gains

Despite the prevailing difficult global economic conditions, South Africa’s economy continues to demonstrate its resilience, with multiple gains being achieved towards the country’s economy,...