South African economy

South African rand, bank stocks rally on hopes of Ramaphosa victory

South African assets rallied early Monday as investor hopes grew that pro-reform candidate Cyril Ramaphosa was likely to have secured…

By businessamlive
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Farming helps turn around South African economy

South Africa emerged from a recession in the second quarter as agriculture helped the economy expand more than expected, Statistics…

South Africa’s Standard Bank lifts first-half profit by 11%

Standard Bank, Africa’s No.2 lender by market value, reported an 11 percent rise in half-year profit on Thursday, as a…

South Africa’s retail sales up 2.9% year-on-year in June

South African retail sales rose by 2.9 percent year-on-year in June, above market expectations, after increasing by a revised 1.6…

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