News
NEWS ANALYSIS | Reserve Bank at 105: a beacon of financial wisdom in turbulent times
1+ day, 3+ hour ago (819+ words) Few South African institutions have earned the admiration of the global community like the South African Reserve Bank has. Its adept stewardship of monetary policy has drawn plaudits from business, industry and economists, both at home and offshore. But not…...
JAMIE MCGEEVER | Why Trump's tariffs had plenty of bark, but limited bite
4+ day, 16+ hour ago (863+ words) Tariff" is famously Donald Trump's favourite word, and the US president's continued use of it unleashed fear across markets last year as his administration unilaterally imposed the most protectionist set of trade policies since the 1930s. But the bark was far…...
Businesses remain vigilant ahead of June 30
1+ week, 1+ day ago (637+ words) Business is broadly and cautiously taking President Cyril Ramaphosa at his word that Tuesday will be free of the kind of disruption to economic activity not seen since the July 2021 unrest. Addressing parliament on tensions surrounding migration, Ramaphosa stressed that…...
Samsung earns local and global recognition for its consumer electronics excellence
1+ week, 1+ day ago (393+ words) Samsung has been recognised as the Most Preferred Household Refrigerator and Washing Machine Brand in South Africa, according to the Brand Attitude Survey 2025 conducted by Ipsos, a top global market research firm. While this is just one of the recent…...
Worldwide EV registrations edge up 3% in May
2+ week, 4+ day ago (308+ words) Global demand for electric vehicles (EVs) rose for a third straight month in May, as subsidies and high petrol prices continued to drive the transition away from combustion engine cars, data from consultancy Benchmark Mineral Intelligence (BMI) showed on Tuesday....
Angola emerges as a key growth driver for Nampak
1+ mon, 4+ day ago (444+ words) Nampak reported mixed interim results on Friday as stronger performances from its beverage operations in South Africa and Angola were offset by weakness in its diversified packaging business. The packaging group said weaker fish and fruit volumes, business losses in…...
Pick n Pay eyes lucrative baby, pets, fresh food segments
1+ mon, 6+ day 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…...
Trade surplus narrows to R31. 9bn in March
2+ mon, 2+ day ago (339+ words) South Africa recorded a preliminary trade surplus of R31. 9bn in March, narrowing from a revised R35. 9bn in February, the revenue agency reported. The country earned R187. 9bn from exports in March while imports amounted to R156bn, the South African Revenue Service (Sars) said. So far…...
Iran war fuels US inflation fears as oil jumps
2+ mon, 5+ day ago (537+ words) US headline and core inflation are heading back above 3% once more and inflation expectations for the year ahead are building a head of steam. The only crumb of comfort for the Federal Reserve is that long-dated price rise expectations are…...
Namibia's central bank lowers economic growth forecasts
2+ mon, 3+ week ago (208+ words) Namibia's central bank has lowered its economic growth forecasts for this year and next, citing a weaker-than-expected performance of primary industries, especially metals and diamond mining. The Bank of Namibia said on Monday it now expects growth of 2. 6% this year…...