The Financial Sector Conduct Authority (FSCA) has announced its intention to crack down on non-transforming companies, but has not provided any specific details on how it plans to do so.…
Browsing: economy
On Tuesday, the South African mining industry experienced an increase in stock prices due to a weaker dollar and greater risk appetite among investors. Additionally, the local currency, the rand,…
Especially in the second quarter of 2022, when severe floods devastated KwaZulu-Natal and the economic consequences of Ukraine’s war began to emerge. This is according to the Bureau of Economic…
There are mixed fortunes in various sectors of the South African economy and growth in the agriculture industry is subdued in the first quarter of the year. This is caused…
Although brokers are more optimistic in the commercial property market than they were last year, an economic slowdown and 375 basis point interest rate rises since late-2021 may have begun…
Nedbank believes South Africa has likely entered a recession and this is due to the rolling power cuts. The banking institution is among the country’s big-six banking groups, and it…
As South Africans are getting ready to get on the road and travel for the summer holidays, they will have to anticipate petrol price hikes. This comes as oil prices…
South Africa’s economy has entered its second recession in two years in the final quarter of last year, as agriculture, transport and construction contracted, data showed on Tuesday. Statistics South…
