Economy

Metal and engineering firms must not overlook practical experience of workforce

Employers in South Africa's metal and engineering sector must comply with both Metal and Engineering Industries Bargaining Council (MEIBC) grading requirements and Occupational Health...

MTBPS | SA spends R1.2bn a day servicing debt as Treasury...

The government is still spending approximately R1.2 billion a day servicing government debt in 2026, underscoring the scale of the country's debt burden despite...

Rand gains slightly as traders await budget speech, inflation data

The South African rand edged up in early trade on Monday as investors looked ahead to a key week for economic data, including Finance Minister Enoch Godongwana's

All eyes on Enoch Godongwana’s MTBPS as Treasury balances revenue windfall...

Finance minister Enoch Godongwana faces a delicate balancing act when he delivers Tuesday’s Medium-Term Budget Policy Statement (MTBPS), with stronger-than-expected public finances giving Treasury...

Reserve Bank governor Lesetja Kganyago sees upside risks to inflation

Rising global energy prices and food costs continue to pose upside risks to inflation in South Africa, the central bank head said on Thursday,...

Oil prices retreat as investors weigh supply outlook, Middle East tensions

Oil prices fell more than 1% on Thursday as investors weighed risks to supply from attacks on shipping through the Strait of Hormuz against US efforts to

Eugene Buthelezi | Petrol at R30: the tank is full, but...

South Africa has crossed a painful fuel-price threshold. Petrol 95 unleaded now costs R30.25 a litre inland and R29.38 at the coast, over R1...

Reserve Bank boss Lesetja Kganyago in tense exchange with activist over...

South African Reserve Bank Governor Lesetja Kganyago has come under sharp criticism over the country's struggling economy. The exchange, initiated by Kamvelihle Goba, who describes...

SARB’s bad news for motorists: Lower oil prices might not reduce...

Consumers are increasingly paying more for fuel not only because of higher oil prices but also because of a global shortage of refining capacity. This...

The world has nearly burned through its oil stockpile buffer, executives...

By Robert Harvey, Stephanie Kelly and Shadia Nasralla LONDON, Oct 6 (Reuters) - The amount of oil in storage that is accessible to the global market is running…