Category: Economy
What you need to earn to be considered Middle-Class in South Africa
Middle Class in South Africa Resilient Despite Economic Challenges While defining the middle class in South Africa can be complex given the country’s economic disparities, [more…]
Boost for retail in South Africa
Retail Sales in South Africa Exceed Expectations with Positive Outlook for the Future In a surprising turn of events, retail sales in South Africa have [more…]
South African president has signed a controversial healthcare bill into law
Controversial National Health Insurance Bill Signed into Law by South African President Ahead of General Election By Samkele Mchunu In a move fraught with controversy, [more…]
SARS is coming after crypto traders – what you need to know
SARS Targets Cryptocurrency Traders for Non-Compliance In a move to crack down on potential tax evasion, the South African Revenue Service (SARS) is actively monitoring [more…]
Doctors, businesses and unions get ready for war over the NHI
Business Unity SA (BUSA) Considers Legal Action Against NHI Bill Signing Business Unity SA (BUSA) is contemplating legal action if President Cyril Ramaphosa proceeds with [more…]
South Africa’s Unemployment Crisis: A Blow to Entrepreneurship and Economic Growth
South Africa’s unemployment rate climbs weeks before election South Africa’s unemployment rate has reached a staggering 32.9% in the first quarter of 2024, a 0.8 [more…]
Why Nigeria’s economy is in such a mess
Nigeria Grapples with Severe Economic Crisis: Rising Prices and Hardship Plague Citizens Nigeria finds itself in the throes of its worst economic crisis in recent [more…]
Belgian Developer’s $3.5 Billion Investment Sparks Green Hydrogen Revolution in Namibia
In a landmark move set to redefine Africa’s renewable energy landscape, Belgian developer CMB.TECH has unveiled plans to inject $3.5 billion into green hydrogen projects [more…]
The Time is Ripe for a South Atlantic Climate Alliance
By: Samkele Mchunu In a world grappling with the urgent need for climate action, the emergence of a potential alliance between Brazil and South Africa [more…]
Botswana Asserts Protection of Diamond Interests Amid BHP’s Bid for Anglo American
In a strategic move echoing its commitment to safeguarding its diamond interests, Botswana, the globe’s largest diamond producer, has vowed to closely monitor BHP Billiton’s [more…]