South Africa has the third-largest public sector wage bill as a proportion of GDP in the world, which at about 10.5% of GDP greatly exceeds that of countries like the US, UK, Australia and Japan. But ...
The decrease in GDP per capita between 2014 and 2024, alongside high inflation, slow wage growth, and a fragile economy, ...
Global growth is expected to ease slightly to 3.2 per cent this year and remain at that level in 2025, the IMF announced ...
As the US presidential election approaches, South African investors face potential shifts in global economic policies.
The International Monetary Fund (IMF) has projected Nigeria's economy to expand by 3.2% in the coming year 2025 while ...
The South African rand was stronger on Tuesday, buoyed by global precious metals prices and its appeal for carry trades. At ...
South Africans should see above-inflation increases to their salary in the next year, but lawmakers still have a lot to do.
This marks a 0.2 percentage point improvement compared to predictions made in April and July. Furthermore, for 2025, the GDP ...
Progress in quelling inflation is more pronounced for advanced economies such as the U.S., while it will take longer for ...
South Africa is still selling oil from strategic stockpiles to fund measures introduced two years ago to cushion consumers ...
The South African Reserve Bank (SARB) Deputy Governor Dr. Mampho Modise says the inflation outlook is promising, in the build ...
The ZAR was trading around R17. 06 against the dollar at the beginning of this month but has now dropped drastically in value ...