Bilateral aid to Africa fell by nearly a quarter in 2025, the largest annual decline in the history of official development assistance. Meanwhile, sovereign debt interest payments now consume on average 27% of government revenues across the...
President Cyril Ramaphosa says government will intensify efforts to grow the economy, create jobs and attract investment, despite growing global uncertainties that threaten South Africa’s economic recovery. Delivering the Presidency Budget Vote in...
The South African Revenue Service (SARS) has announced that both the legal and operational frameworks required to administer China’s temporary zero-tariff scheme have been finalised. The Asian country announced in February this year that it would...
The South African Reserve Bank’s Monetary Policy Committee (MPC) has increased the repo rate by 25 basis points to 7%, effective from 29 May 2026. SARB Governor Lesetja Kganyago said four MPC members supported the increase, while two preferred to...
