South African rand weakens

How a 0.5 percent point VAT increase will squeeze South Africans
A 0.5 percent point VAT increase may seem like a small adjustment, but even the tiniest hike puts pressure on an already unstable SA economy.
South Africa's Budget 2025: Pragmatism or missed opportunity?
South Africa’s 2025 budget is a cautious step toward fiscal stability, with debt peaking at 76.2% of GDP in 2025-26 and a narrowing deficit. For employees, it offers short-term respite but lacks the ambition to transform lives.
South African rand weakens as budget disagreements remain
The South African rand fell on Wednesday as disagreements in the ruling coalition persisted despite the finance minister scaling back the size of a contentious tax hike in a revised budget. The budget has been the biggest test so far of South Africa's fractious coalition politics,
South Africa Budget: South Africa's VAT hike plan faces strong opposition, budget remains stuck
South Africa’s finance minister proposed scaling back tax increases and curbing spending in a bid to resolve a standoff over the budget in the nation’s fractious governing alliance. Watch this report for more details!
S.Africa revised budget gets booed despite smaller tax hike
South Africa's finance minister unveiled Wednesday a budget with a smaller increase in value-added tax than previously proposed, but it was immediately rejected by a key party in the unity government.
South African households struggle with rising cost pressures amid inflation
February's Household Affordability Index raises concerns as South Africans brace for fuel price hikes and increasing living ...
Engineering News3d
Africa’s corruption reality
Graft watchdog Transparency International released its Corruption Perceptions Index (CPI) for 2024 in February, and the ...
Hosted on MSN9d
South Africa's consumer food price inflation continues to slow
South Africa ended 2024 with a slowing food inflation path ... and the demand may still be relatively weak. The headline ...
The Mail & Guardian2d
South Africa faces budget challenges amid slow economic growth: ICS2025 says that a growth strategy is needed.
The International Commodity Summit 2025 has raised concern with regards to South Africa’s 2025’s Budget Review, and notes that the country needs to employ a growth strategy in order to promote ...
South Africa's budget remains stuck as parties reject reduced VAT hike
A revised budget presented on Wednesday by South Africa's finance minister was immediately rejected by major political ...
The South African on MSN8d
GOOD start to the year for South African salaries in 2025
There's positive news for South African salaries in 2025, but can a fragile recovery sustain itself against economic ...
Engineering News10d
South African food inflation slowed in January
South African food and non-alcoholic beverage (NAB) inflation (hereafter to be referred to simply as food inflation, for ...
South Africa's Business Downturn Eases in February, PMI Shows
The S&P Global South Africa Purchasing Managers’ Index (PMI) rose to 49.0 in February from 47.4 in January, remaining below ...
U.S. News & World Report9d
South Africa Rejects 'Megaphone Diplomacy' as Trump Backs Funding Cut
South Africa Rejects 'Megaphone Diplomacy' as Trump Backs Funding Cut WASHINGTON/JOHANNESBURG Reuters) -U.S. President Donald Trump said on Friday that his country is stopping all federal funding ...