South Africa

South Africa cabinet reshuffle boosts economic confidence

Confidence in South Africa’s economy will get a boost after Monday’s cabinet reshuffle by President Cyril Ramaphosa returned trusted hands…

Nigeria places 3rd in global unemployment list with 18.8% after South Africa, Greece

Nigeria’s unemployment rate, which got worsened in the third quarter of 2017 at 18.8 percent, according to the National Bureau…

South African rand increases more 1% amid ANC’s preparation to push out Zuma

South Africa’s rand jumped more than 1 percent to its firmest since June 2015 and bonds hit a one-week best…

South Africa’s unemployment drops to 26.7% in Q4 2017

Statistics South Africa (Stats SA) said on Tuesday, that the unemployment rate in the country fell to 26.7 percent of…

South Africa eyes BRICS partners to build new $10bn refinery

South Africa wants the national oil companies of its BRICS partners to help build a new 400,000 barrel per day…

South Africa’s economy faces major challenges, needs tackling policy uncertainty, corruption, apex bank head says

Lesetja Kganyago, South Africa’s central bank governor said Thursday that the country's economy faces major challenges, and the government needs to…

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