Tag: South Africa

South Africa Likely to Miss 2024 Growth Target Amid Agricultural Slump, Economists Predict Rate Cuts

South Africa may miss its 2024 growth target due to a sharp…

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South African toll gates transitions to contactless tap payments

Starting 1 December 2024, South African toll gates transitioned to contactless payments,…

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MTN South Africa and Huawei Launch Africa’s First 5.5G Network

MTN South Africa and Huawei have completed Africa’s first 5.5G network trial…

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South Africa’s Widening Budget Deficit Raises Investor Concerns Amid Fiscal Challenges

South Africa's budget deficit widens to 5%, disappointing investors as fiscal pressures…

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Government of Ghana Reaffirms Commitment to Settle Trafigura Debt Amid Legal Threats

The Government of Ghana commits to settling its debt to Trafigura, despite…

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Trafigura Moves to Enforce Arbitral Award Against Ghana over Judgement Debt

Trafigura’s subsidiary GPGC pursues legal enforcement against Ghana for unpaid $134M arbitration…

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South Africa Lowers Interest Rates for First Time Since 2020

South Africa's central bank cut interest rates by 25 basis points to…

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Musk’s Starlink in Talks With South Africa to Start Service

Elon Musk’s Starlink is in talks with South Africa to introduce satellite…

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South Africa’s Rand Hits 13-Month High on Economy Optimism

The South African rand hit a 13-month high due to economic optimism…

4 Min Read

South Africa’s Economy Rebounds with Rate Cut Hopes and Boosted Consumer Confidence

South Africa's economy shows signs of recovery, with potential interest rate cuts,…

2 Min Read

South African Stocks Hits A New Break Record On Rate Cut Bets

South Africa’s stock market rose to a record high as prospects of…

3 Min Read

Rising Prices Are Deepening the Electricity Divide In South Africa

Rising electricity costs and unreliable power in Johannesburg are deepening inequality, with…

3 Min Read