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Economy

Economy

Mauritius, Seychelles among most capitalist nations in Africa according to new index

Mauritius, Seychelles and Botswana Rank Highest for Capitalism in Africa A recent study published by researchers at the University...
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Moody’s upgrades South Africa’s outlook to positive as debt pressures ease

Economy
Moody’s Shifts South Africa’s Sovereign Outlook to “Positive” On Friday, Moody’s Investors Service revised its outlook for South Africa from “stable” to “positive,” while affirming...

The closure of the Strait of Hormuz is changing oil trade routes and increasing buyer competition

Economy
Geopolitical Tensions and Oil Flow Disruptions Analysts from London‑based Argus Media warn that any prolonged restriction on maritime traffic through the Strait of Hormuz would...

The likelihood of a SARB rate hike increases as war-related inflation accelerates

Economy
South African Reserve Bank Signals Possible Rate Hike Amid Rising Inflation South Africa’s consumer price index climbed to 4 % year‑on‑year in April 2026, the highest...

Sugar farmers launch bid to save struggling Tongaat Hulett

Economy
Farmer‑Led GrowerCo Seeks to Save Tongaat Hulett from Liquidation The future of South Africa’s sugar sector hangs in the balance as Tongaat Hulett’s liquidation hearing...

PODCAST: Rising fuel, inflation risk, weak growth and an MPC stuck in the middle

Economy
South Africa’s Inflation‑Growth Tightrope In recent months South Africa has found itself caught between two opposing forces: rising inflationary pressure and a fragile economic recovery....

FlySafair sued the court over alleged oversales of tickets

Economy
National Consumer Commission Refers FlySafair to Tribunal Over Overbooking Allegations The National Consumer Commission (NCC) announced on 3 March 2025 that it has referred domestic low‑cost carrier...
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