South African News
South African rand nosedives as Trump wins US election
By: Reuters 6th November 2024 The South African rand slumped against a buoyant dollar on Wednesday as "Trump trades" surged, after Donald Trump won the US election. Republican... →
South Africa closes main border with Mozambique as post-election protests escalate
By: Reuters 6th November 2024 South Africa has temporarily closed its main border crossing with Mozambique over safety concerns, its border authority said on Wednesday, as... →
Civil society electoral panel urges Parly to consider electoral reform as it warns of eroding democracy
By: Thabi Shomolekae 6th November 2024 The Civil Society Electoral Reform Panel has made a written submission to Parliament’s Electoral Reform Consultation Panel, highlighting... →
Treasury invites public participation in UDZ tax incentive review survey
By: Sabrina Jardim 6th November 2024 In the 2023 Budget Review, the National Treasury announced an extension of the urban development zone (UDZ) tax incentive sunset date to March 31,... →
ActionSA proposes new electoral model and making voting compulsory
By: Thabi Shomolekae 6th November 2024 ActionSA has proposed that South Africa adopt a mixed member proportional system, arguing that unaccountable, unethical and underperforming public... →
South Africa is working on unique digital identity, instant visa
By: Bloomberg 6th November 2024 South Africa plans to create unique identities for its citizens and issue instant visas as it digitizes its economy. The South African Revenue... →
Pickup in growth expected, but South Africa's expenditure still largely for wages, debt
By: Schalk Burger 6th November 2024 Insights, data and analytics provider BMI expects South Africa's economic growth to pick up from 1% this year to 1.5% in 2025 as improved energy... →
Investment demand for platinum in China strengthens with launch of new platinum bar
By: Martin Creamer 5th November 2024 The appeal of platinum as an investment asset is being increasingly recognised by Chinese investors, which is resulting in China becoming one of... →