South Africa is actively drawing up new economic blueprints as it seeks to expand trade and investment within the newly enlarged BRICS-plus framework. The South African Chapter of the BRICS

Johannesburg’s Metrobus is to reduce its services from Monday due to financial constraints and the rise in diesel costs. In a notice to commuters, the bus service says it has

ANC President Cyril Ramaphosa has welcomed South Africa’s sovereign credit rating by global rating agencies Moody’s and Standard & Poor (S&P)as good news for the country.  He was speaking to SABC

The Department of Trade and Industry says the expansion project to build Africa’s first end-to-end multi-vaccine manufacturing site at the South African vaccine manufacturer Biovac’s plant in Cape Town, can

Global ratings agency, S&P has maintained the South Africa’s sovereign credit rating at double-B, keeping its outlook positive. ​The agency expects improved tax collections and strict spending controls to speed

Government has announced that municipalities in all nine provinces around the country have registered 82 000 spaza shops. It has stressed that traders must ensure they meet the licensing requirements

Shell Downstream South Africa has assured the public that its local operations remain stable, despite looming changes. Country chair Aluwani Museisi gave an update following global supply disruptions triggered by

Southern African Development Community (SADC) Executive Secretary Elias Magosi says the region will continue backing efforts to unlock Africa’s vast economic potential. He was speaking on the sidelines of the

The South African Reserve Bank’s (SARB) Monetary Policy Committee (MPC) raised the policy rate by a quarter of a percentage point to 7 per cent, effective 29 May. The prime

The South African Reserve Bank (SARB) has indicated that in the worst-case scenario, South Africans may see three more interest rate hikes this year. This scenario accounts for higher food