
South Africans are keeping the economy afloat by spending their pensions
A prominent economist has warned that South Africa’s economy is staying afloat by citizens sending their pensions, not because of productive growth.
THURSDAY, 18 SEPTEMBER 2025, 12:54
A prominent economist has warned that South Africa’s economy is staying afloat by citizens sending their pensions, not because of productive growth.
While South Africa’s surprisingly lower inflation in August has set the stage for further interest rate cuts in the country, economists and analysts don’t see the Reserve Bank’s next move as clear-cut.
Deputy Finance Minister David Masondo has broken down the state’s plan to fix South Africa’s ailing metros.
Former Eskom CEO Andre de Ruyter has taken up a new role consulting for renewable energy companies, while maintaining itinerant positions as a teacher and researcher.
Coca-Cola Beverages South Africa is reportedly planning to cut as many as 680 jobs and shut some plants in South Africa, joining a slew of international companies trimming operations in the country.
Here are five important things happening in South Africa today, Thursday, 18 September 2025.
Here are five important things happening in South Africa today, Thursday, 18 September 2025.
The Supreme Court has annulled a government permit allowing state utility Eskom to build a 3,000MW power plant.
Standard Bank Group is accelerating its digital transformation across Africa, with growth in customer engagement, platform enhancements, and digital adoption.
The National Treasury’s new Tax Amendment Bills make it clear that a lifeline that taxpayers have long relied on to avoid penalties from SARS is no longer the layer of protection it once was.
The event comes as Meta faces ongoing scrutiny over the impact of its products, particularly on children.
They accuse the manufacturers of doing “nothing” despite being aware of the plane’s risks.
The Bank rate was cut in August but many analysts do not expect any further reductions this year.
The country’s farming and tourism sectors have been heavily affected by a spate of blazes.
Borrowing costs are not guaranteed to come down much more than they already have, even after this week’s rate cut.