News

South African rand stable after VAT hike withdrawn, markets await budget clarity
The South African rand was stable on Thursday after the finance ministry said it was withdrawing a contentious increase in ...
South Africa scraps proposed tax increase after pushback from coalition partners and opposition
The South African government has canceled a proposed tax increase that has threatened to collapse the unity government after ...
South Africa and Ukraine woo each other - as relationships with Trump turn sour
Ukraine's President Volodymyr Zelensky is on a historic visit to South Africa, signalling a dramatic improvement in the ...
South Africa 2025 economic growth forecast cut to 1.5% on tariff worries: Reuters poll
South African economic growth will be a bit weaker this year than thought a month ago partly due to trade tensions, with U.S.
Zelenskyy says he’s cutting short a visit to South Africa after Russian attacks on Kyiv
PRETORIA, South Africa (AP) — Ukrainian President Volodymyr Zelenskyy arrived in South Africa for a state visit Thursday ...
Saudi Push Into South Africa Yields Billions of Dollars in Deals
A flurry of meetings between Saudi Arabia and South Africa over the past year has culminated in discussions about or signed ...
South African President Discusses Ukraine, Bilateral Ties With Trump
JOHANNESBURG (Reuters) - South Africa's President Cyril Ramaphosa said in a post on social media platform X on Thursday that ...
South Africa finally has a masterplan for a renewable energy industry: here’s what it says
South Africa’s ambitious renewable energy masterplan has been approved, but will need huge funding and co-ordination between government departments.
Climate change is lifting South Africa out of the ocean, study finds
South Africa is slowly lifting out of the water—by up to 2 millimeters per year depending on the region. It had been assumed ...
Tanzania bans South Africa and Malawi imports as trade row escalates
South African exports of various fruits, including apples and grapes, to Tanzania will be hit. Meanwhile, landlocked Malawi, ...
South Africa producer inflation down to 0.5% y/y in March
South Africa's producer inflation slowed to 0.5% year on year in March from 1.0% in February, statistics agency data showed ...