Browsing: SA economy

The South African Reserve Bank’s Monetary Policy Committee (MPC) has hiked the repurchase rate (repo rate) by 75 basis points.…

By James Stent 1. Revenue from train fares has plummeted while the state subsidy has skyrocketed Nothing quite conveys the disastrous…

President Cyril Ramaphosa says resolving the energy crisis is critical to ensure that the economic and investment potential of the…

Eskom CEO, Andre de Ruyter, says the power utility is working hard to bring back failing generation units and restore…

Petrol users could see another sizable reduction in their fuel price in October while diesel users are facing an increase,…

Deputy President David Mabuza has acknowledged that illegal mining is a major challenge in South Africa. “It has grown to…

Deputy President David Mabuza has assured Parliamentarians that there are no plans to privatise the national power utility, Eskom. “Government’s…

Eskom said this morning that three units at the Kendal Power Station tripped, forcing the power utility to implement stage…

Eskom has implemented Stage 4 load-shedding from 10 am Saturday until Monday morning. “Regretfully, due to additional breakdowns overnight, Eskom…

Eskom announced today that Stage 2 loadshedding will be implemented from 16:00 – 22:00 tonight. The energy provider added that…

President Cyril Ramaphosa says the latest employment figures – which show a decline in the unemployment rate for the second…

South Africa’s power utility, Eskom, has not been able to provide a steady electricity supply for several years now. At…

The SA Reserve Bank (SARB) is likely to again increase its interest rates next week, say economists at the Bureau…

President Cyril Ramaphosa says the achievements by Operation Vulindlela demonstrates the commitment of government to implementing reforms that are necessary…

President Cyril Ramaphosa says government is doing everything in its means to ensure that the current load shedding experienced by…

The government has noted and welcomed Moody’s decision to affirm South Africa’s long term foreign and local currency debt ratings…

Telkom will continue to pursue its spectrum lawsuit against the country’s communications watchdog, the Independent Communications Authority of SA (ICASA).…

Economists and policy-makers seem to have a blind spot when thinking about how the economy functions and what determines success.…

State of the nation addresses offer government an opportunity to speak directly to its citizens. It can offer reassurances that…

Eskom has connected Unit 4 of Kusile Power Station project to the national grid. The unit was connected to the…

The government has noted Fitch’s decision to affirm South Africa’s long-term foreign and local currency debt ratings at ‘BB-’ and…

After falling from 50 to 43 in the third quarter, the RMB/BER Business Confidence Index (BCI) remained unchanged in the…

South African truck drivers are a critical front-line service for our communities, and face many challenges that ordinary road users…