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SA’s inflation hits seven-year low

18 April 2018, 1:57 PM

South Africa’s inflation rate has fallen to a seven-year low, official statistics showed Wednesday, as food prices were tempered by improved rainfall with the easing of a national drought.

Ramaphosa drums up support for InvestSA

17 April 2018, 11:05 AM

As part of drumming up international support for his economic initiative President Cyril Ramaphosa is in the United Kingdom for the Commonwealth Heads of Government meeting. He will seek to sell South Africa as an one stop shop for investment.

Drugs worth R30 million confiscated at OR Tambo Airport

13 April 2018, 11:51 AM

Customs officials at the OR Tambo International Airport have confiscated 108kg of drugs worth R30 million that were hidden in boxes and declared as ‘calcium carbonate’. The discovery was made after officials inspected the boxes in the cargo section of the airport after it arrived from Kenya on Tuesday. In a separate incident, dagga to […]

South African rand to hold most gains since start of 2018

6 April 2018, 8:03 AM

South Africa’s rand is expected to hold onto most of this year’s gains against the dollar supported by improving domestic economic growth.

SA’s rand weaker as S&P warns on economic headwinds

27 March 2018, 8:42 PM

South Africa’s rand drifted weaker on Tuesday as ratings agency S&P Global said South Africa needed stronger growth to escape “junk” status and as traders expected the central bank to cut its main lending rate on Wednesday. The rand has been in vogue since President Cyril Ramaphosa replaced scandal-plagued Jacob Zuma last month but some […]

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