Tag: South African economy

S&P Global Upgrades South Africa’s Credit Rating for the First Time in Nearly 20 Years

S&P Global Ratings has upgraded South Africa’s credit rating for the first…

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President Ramaphosa Declares Economic Emergency, Launches 10-Point Plan to Revive South Africa’s Economy

President Cyril Ramaphosa has declared an “economic emergency” in South Africa as…

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Ramaphosa Defends BEE: Says Exclusive Ownership, Not Redress, Is Hurting South Africa’s Economy

President Cyril Ramaphosa has dismissed claims that BEE is stifling South Africa’s…

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Johann Rupert Challenges ‘White Genocide’ Narrative in South Africa During Trump-Ramaphosa White House Talks

In a high-stakes White House meeting, South African billionaire Johann Rupert told…

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Gayton McKenzie Calls for Deportation of Illegal Foreigners, Cites Economic Losses

The Patriotic Alliance (PA) leader, Gayton McKenzie, has once again called for…

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SAIMI Partners with Africa Coastal Marine Tourism for High-Impact Maritime Event

The South African International Maritime Institute (SAIMI) is set to play a…

570 Wealthy South Africans Contribute Half of R8 Billion Tax Revenue, Reveals SARS

SARS Commissioner Edward Kieswetter has revealed that nearly half of South Africa’s…

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Microsoft Invests R5.4 Billion More in South Africa to Boost AI and Cloud Infrastructure

Microsoft is investing an additional R5.4 billion in South Africa by 2027…

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South African Reserve Bank Warns of Economic Shock Amid VAT Increase Debates

The South African Reserve Bank (SARB) has cautioned that a proposed VAT…

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South Africa on the Verge of Energy Independence with Orange Basin Oil Reserves

South Africa is on the brink of tapping into its own crude…

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South Africans Roast Elon Musk Over Comments on Racist Laws

South Africans criticize Elon Musk after he called the country's ownership laws…

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R650 Million Labour Activation Programme Launched in Cape Town

Minister Nomakhosazana Meth launches a R650 million Labour Activation Programme in Cape…

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PepsiCo Invests R746 Million in SA Potato Chip Production, Creating Jobs and Driving Sustainability

PepsiCo South Africa invests R746 million in expanding its Isando factory, creating…

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SAA’s Economic Impact Projected to Reach R32 Billion by 2030: Oxford Economics Report

South African Airways is set to contribute R32.6 billion to South Africa’s…

Webster Molaudi