Parties agree economy must grow at 5% to tackle unemployment
Representatives from several political parties have agreed that South Africa’s economy needs to grow by about 5% a year to create jobs and meaningfully reduce... Read more.
Gatekeepers, investors accused of stifling black business growth
Institutional investors came under sharp criticism at the annual Black Business Summit for failing to channel capital into activities that create jobs and stimulate... Read more.
Build companies, don’t chase BEE deals, Motlanthe tells Black businesses
Former president Kgalema Motlanthe has urged black-owned companies to focus on growing the economy, rather than seeking empowerment stakes in established businesses.... Read more.
Ronald Lamola warns business: ‘Stop exploiting undocumented migrants, undermining labour laws’
International Relations and Cooperation Minister Ronald Lamola has cautioned that the growing exploitation of undocumented migrants by some South African employers... Read more.
Unemployment shoots up to 33.6% in second quarter of 2026
South Africa’s official unemployment rate increased to 33.6% in the second quarter of 2026, as the number of jobless people rose sharply, according to the... Read more.
Nkuhlu reflects on ETI exit as one of few regrets in 22-year Nedbank career
Outgoing Nedbank Group chief operating officer Mfundo Nkuhlu says an investment in West Africa’s Ecobank Transnational Incorporated (ETI), which was eventually... Read more.
Kganyago blasts ‘seasonal’ SARB nationalisation push
Reserve Bank governor Lesetja Kganyago has raised concerns that calls to nationalise the South African Reserve Bank (SARB) tend to resurface whenever the ANC approaches... Read more.
The government is abandoning B-BBEE through public procurement regulations
South Africa’s greatest missed opportunity is not failure to create new progressive policies, but the failure to harness the constitutional instruments we already... Read more.
Nedbank warns of rising credit defaults as inflation squeezes consumers
Nedbank has warned that elevated inflation and higher interest rates are placing consumers under increasing financial pressure, resulting in a rise in credit defaults.... Read more.
Rapid transition to new growth drivers now hallmark of China’s economy: official
The accelerated shift from old to new growth drivers has become one of the most defining features of China’s current economic performance, a guest speaker... Read more.
