[ad_1] South Africa’s current account deficit shrank by much more than expected in the third quarter, reflecting lower import volumes amid weaker demand and logistics bottlenecks. The deficit on the…
Tag: Reserve Bank
South Africa Business Mood Slips as Car Dealer Sentiment Sours
[ad_1] South African business sentiment unexpectedly fell in the fourth quarter as subdued demand sent new-vehicle dealers’ confidence to the lowest level since the coronavirus pandemic. A quarterly business confidence…
Rampant Corruption at Energy Provider Drags Down South Africa
[ad_1] On a late Thursday afternoon last November, in the midst of rolling blackouts implemented by South Africa’s state-owned electricity company, a contractor at a power station in the eastern…
South Africa to Require Crypto Exchanges Licensing by Year-End
[ad_1] South Africa will require that crypto exchanges in the country operate with licenses by the end of the year, according to the country’s financial regulator. The Financial Sector Conduct…
SIM TSHABALALA | We did not rig the rand – but open debate shows SA’s strengths | Business
[ad_1] Standard Bank CEO Sim Tshabalala. Standard Bank has not manipulated the value of the rand or engaged in any anti-competitive or criminal conduct, writes the bank’s CEO Sim Tshabalala. …
Rent Hikes of 2021 and 2022 to Boost CPI Into 2026
[ad_1] Inflation is edging back toward pre-pandemic rates in the US, but rent inflation still has a long way to go. To put it into numbers, the all-items consumer price…
Reserve Bank deputy governor Kuben Naidoo resigns | Business
[ad_1] Deputy governor of the SA Reserve Bank Kuben Naidoo has tendered his resignation to President Cyril Ramaphosa. South Africans need to be in the know if we want to…
Evergrande has become the poster child for China’s debt-fuelled property crisis. Will Australia notice if it collapses?
[ad_1] China’s property market is facing a “sharp deterioration” which could lead to financial stress domestically, and ultimately affect its trade with Australia. Key points: Evergrande is facing liquidation proceedings on October…