Wednesday, August 19, 2026
Wednesday, August 19, 2026
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South Africa

South African Companies Face Increased Shutdowns Due to Economic Strain

This year, South Africa has experienced a significant spike in business closures, with 1,361 companies going under in the first half of 2026. This...

Renaming South Africa as Azania: Potential Economic and Business Implications

Dr. Allan Boesak, a prominent theologian and anti-apartheid activist, has initiated a call for South Africa to be renamed Azania. He argues that the...

R2 Million Home Loans Cost South African Owners R19,968 Monthly Amidst Rates

The South African Reserve Bank has decided to maintain its repo rate at a steady 7.0%, consequently keeping the prime lending rate at 10.5%....

Pitso Mosimane Discusses Financial Implications of Potential Bafana Bafana Comeback

Amidst growing speculation about the future leadership of South Africa's national football team, Bafana Bafana, former Al Ahly coach Pitso Mosimane has addressed rumors...

August Snowfall Boosts South Africa’s Tourism and Local Economy Prospects

While South Africa is often celebrated for its sunny beaches and warm weather, the nation's winter season, spanning from June to August, transforms certain...

Nigeria Concludes Costly Repatriation Effort, Returns 1,490 from South Africa

Nigeria has wrapped up a government-facilitated repatriation program from South Africa, successfully bringing back 1,490 of its citizens over a span of five weeks....

Reserve Bank Targets Inflation Control, Shifts Focus from Growth, Expert Reports

As South Africa's central bank gears up for its next decision on the repo rate, the primary focus remains on curbing inflation rather than...

Ramaphosa Extends Sympathy to Qatar, Highlighting Economic Bonds Post-Amir’s Passing

In a touching gesture of solidarity, South African President Cyril Ramaphosa has extended his deepest condolences to the Amir of Qatar, His Highness Sheikh...

South Africa Proposes Early Retirement to Cut Municipal Workforce Costs

In an effort to rejuvenate South Africa's municipal workforce, the National Treasury has earmarked R3.7 billion for a voluntary early retirement scheme. This initiative...

South Africa Boosts Economic Safeguards Amid Ebola Preparedness Efforts

As the Ebola outbreak continues to escalate in Central Africa, South Africa's Department of Health is ramping up its preventive measures, despite no cases...

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