The South African Reserve Bank looks set to keep borrowing costs on hold to assess the inflationary impact of the US-Israeli war on Iran. However, some traders are pricing in hikes later in the year.
With the list of people contesting for positions in the DA now public, it is clear that below the position of national leader, the party is set for major changes. It is crucial for the party’s growth that it is able to come out of its upcoming congress with a compelling message for voters, and that its incoming leader grasps the nettle of race.
A 27-year-old Limpopo woman has been sentenced to seven years behind bars after she was found guilty of unlawfully and intentionally setting fire to her ex-boyfriend’s house in a fit of rage and jealousy.
Pineapples may be best known for their tough, prickly skin, but in Bathurst – home of the Big Pineapple – their leaves are now driving an unexpected innovation, with sights set on international markets.
Petrol stations in South Africa are facing declining fuel demand, rising costs, and intense competition in a saturated market, pushing operators to rely increasingly on convenience retail to sustain profitability.
An economy already reeling from decades of US economic embargo has virtually come to a standstill. This is causing significant suffering to Cubans, and the impact on medical facilities and transport of medicines and drugs is probably resulting in many deaths.
The ANC retained a Cape Town stronghold with a significantly reduced majority and lost a second successive ward to the Patriotic Alliance in two consecutive weeks in the latest round of by-elections.
South Africa’s once-dominant synthetic fuel industry, pioneered by Sasol, used to supply a third of the country’s needs. While still operational, its market share has plummeted.