Even the Reserve Bank governor, Lesetja Kganyago, echoed the bleak picture, calling the GDP data 'not a pretty picture'.

The rand was trading below R17.74/$ on Thursday afternoon, the local currency’s best level since December last year. It has ...

In the last 24 months, something akin to deep despondency enveloped the country and left in its wake misery, anguish, and ...

Supply- and Demand-Driven PCE Inflation updates data on the contributions to personal consumption expenditures (PCE) inflation from supply-driven versus demand-driven components. This tool is intended ...

Deputy Finance Minister Ashor Sarupen says South Africa is on the right track with its plans to boost investment and economic ...

South Africa’s real GDP growth has been flat for a decade, and the OECD has highlighted the need for urgent reform. The ...

As South Africa grapples with stagnating growth and ballooning public debt, ongoing reform efforts hold the key to economic ...

The South African new vehicle market has seen eight months of growth, a positive sign for a key employer that took a hit in ...

Lowering South Africa’s inflation target would drive economic growth and international competitiveness, said the Organisation ...

Bonds have rallied since Finance Minister Enoch Godongwana presented the revised budget to lawmakers last month.

First, it sets inflation expectations, which is why the governor always refers to 4.5%. If the target is a wide band topping ...

Finance Minister Enoch Godongwana said he is waiting for a report on the country’s inflation-targeting dispensation and he ...