Government has welcomed Moody’s decision to revise South Africa’s sovereign credit rating outlook from stable to positive, while affirming the country’s domestic and foreign-currency long-term ratings at Ba2. According to the National Treasury,...
Small and medium-sized enterprises (SMEs) make up 98% of all businesses in South Africa. There are between 2.4 million and 3.5 million in the country. They play a vital role in creating an estimated 66% of all jobs and supporting local economies....
The Northern Cape has the potential to unlock significant revenue from a revitalised and expanded mining sector, according to the Acting Chief Economist in the Minerals Council South Africa, Bongani Motsa, who was addressing a stakeholders’...
While South Africa’s economic growth remains modest, several encouraging signals suggest the economy may be stabilising. Speaking at the AfriSam Budget Breakdown, economist Dr. Azar Jammine outlined a number of developments that point to improving...