Diamonds account for 30% of the country’s economy, but lab-grown gems mean less demand for ones dug out of the soil
The study published by Naspers says problems with infrastructure, access, costs and regulations are slowing South Africa’s progress towards digital transformation
Recent export agreements with Asian countries are a balm for South Africa, after Botswana and Namibia’s ban on the country’s citrus.
The continent will make significant gains by fast-tracking this sector through investment and skills development
South Africa imports more than 60% of its olive oil supplies from Europe where climate conditions are worsening
Consumer inflation remains sticky above the 4.5% midpoint of the central bank’s target range
The big players have launched township e-commerce initiatives but existing businesses already have a good handle on the space
The next elections are due in September 2025, but will the next government enable the country to overcome its economic hardships?
The region has also seen an increase in its contribution to the continent’s broader economic growth
The company has welcomed the removal of concessions that will make it more expensive to buy apparel from international online retailers such as China’s Shein and Temu
The South African Chamber of Commerce and Industry’s business confidence index fell in April and May, ahead of the elections, snapping a rally that dated back to November 2023
It must be embedded in policies and strategies that restructure the economy
The country needs a universal basic income for adults and children to boost economic recovery and growth and reduce inequality
Through targeted policies, awareness campaigns and collaborative efforts, we can harness small, medium and micro enterprises’ dynamism and pave the way for a more inclusive and resilient economic future
The country can grow its commercial services offerings, particularly business, financial, intellectual property, telecommunication, computer and information services, and insurance and pension services
This reflects a moderation of sales after excellent sales figures in 2022. But higher interest rates and a poor 2023-24 summer crop add pressure to farmers’ finances
Among the companies that have announced staff cuts are Anglo American and Sibanye Stillwater
Public, private partnerships and adopting advanced technology will help in this regard
Accumulated gross debt is expected to stabilise at R6.2 trillion or 74% of GDP by 2026. The annual cost of servicing this deb in that year will be R440 billion
As inflation skyrockets, many poor Nigerians have had to skip meals and give up products such as meat, eggs and milk
A report suggests that government could save R150 billion in wasteful expenditure if it stopped overpaying its contractors
We may feel overwhelmed by a multitude of problems, with statistics that alarm us, but positive trends are emerging
The experience of Chile’s Salvador Allende illustrates how the private sphere and superpowers control investment and natural resource exploitation
Geopolitical concerns, climate shocks, high living costs and interest rates, tight global financial conditions and soft commodity prices weigh on the region’s growth outlook
China’s contribution to world economic growth surpasses that of the Americas, Europe and Japan combined, according to the World Bank
The country must explore various possibilities in order to remain a net exporter
Thirty years into its rule, the NP faced the reality of its demise. The ANC faces a similar reality
Steering more than a billion people away from absolute poverty is not straightforward
The old trade winds are blowing again and we must take notice, writes editor-in-chief Ron Derby
The world is changing and alliances shifting which presents opportunities for the continent if the citizenry is engaged
The real issue is that the February 2023 budget was the least credible assessment of the country’s finances since 1994
After nearly six decades of independence the need for real change in the country hasn’t diminished