South Africa
South Africa may follow Nigeria’s steps as economists predict 25bps rate cut
South Africa's apex bank may reduce interest rate by 25 basis points next week, says economists who responded to a…
Contrast as South Africa raises rate, Nigeria retains rates
It is a world of contrasts for Africa's two largest economies: South Africa and Nigeria. While Nigeria's Central Bank of…
South Africa goes into technical recession as GDP falls 0.7% in second consecutive quarter
Adesola Afolabi & Bukola Odufade Gross Domestic Product (GDP) data from South Africa's statistical agency published Tuesday for the…
South Africa central bank lowers growth expectations for 2018
South Africa’s central bank Wednesday projected that economic growth this year will be “much lower” than initial expectations. The central…
Mixed reactions trail South Africa’s $227/month new minimum wage
The introduction of a new minimum wage in South Africa has elicited mixed reactions from several unionists in the country. South…
South Africa needs reform state-owned enterprises to boost growth
Cyril Ramaphosa, South African President said the country needs to take extraordinary measures to boost growth following years of stagnation…
The Daily Newsletter
