4+ hour, 24+ min ago  (646+ words) Pick n Pay is sharpening its focus on fresh food, baby, beauty and pet products as it seeks to close the gap with rivals that have gained ground in categories where the retailer admits it has "fallen behind. CEO Sean…...

16+ hour, 34+ min ago  (406+ words) South Africa's trade surplus nearly halved to R15. 2bn in April from a downwardly revised R30. 2bn in March, as imports rose at a higher pace than the increase in exports. Exports edged up 1. 8% month on month to R190. 6bn, while imports climbed 11. 8% to R175. 4bn, the South…...

1+ day, 4+ hour ago  (857+ words) Indebted South African consumers, whose spending is a key driver of economic growth, will have to tighten their belts after the Reserve Bank raised interest rates, citing intensified inflation risks stemming from higher oil prices linked to the Middle East…...

1+ day, 18+ hour ago  (293+ words) The South African Reserve bank (SARB) raised its main policy rate by 25 basis points to 7% on Thursday, saying inflation risks stemming from higher oil prices had intensified and the challenge of large and overlapping shocks would likely trigger second round…...

1+ day, 20+ hour ago  (372+ words) Annual producer inflation more than doubled to 4. 8% in April from 2. 3% in March in the latest sign that the surge in global oil prices due to the Middle East war is pushing input costs sharply higher. The year on year change…...

5+ day, 15+ hour ago  (593+ words) The eyes of South African households and businesses will be glued to the Reserve Bank's conference on Thursday when governor Lesetja Kganyago is expected to announce an increase in interest rates to try and tame rising inflation pressures stemming from…...

1+ week, 7+ min ago  (262+ words) Credit rating agency Moody's on Friday revised its outlook on South Africa to positive from stable, citing strengthening fiscal performance and progress on structural reforms. It, however, maintained the country's long-term foreign and local currency issuer ratings at "Ba2. The government…...

1+ week, 1+ day ago  (870+ words) A simple way to illustrate the annual tax burden is to calculate how many days of the year it would take the "average taxpayer" to earn enough to cover their taxes. In 2026 that number is expected to be 142 days, which…...

1+ week, 2+ day ago  (1058+ words) Agriculture is becoming a hallmark of Brics economic vitality. From increased Brazilian coffee production to advances in soil science in the United Arab Emirates (UAE) and solar-powered wells in Iran, the Brics are innovating to increase agricultural output. Meanwhile, G7 states…...

1+ week, 2+ day ago  (904+ words) The South African Reserve Bank (SARB) is increasingly likely to raise interest rates next week after April inflation accelerated, partly driven by higher transport costs linked to global oil supply disruptions caused by the US-Iran war. Consumer inflation accelerated to…...