News South Africa Economy: UPDATE 1-South Africa cuts rates as economy weak, inflation steady
PRETORIA, July 18- The South African central bank cut its main lending rate by 25 basis points to 6.50%, as expected, citing weak economic growth and inflation which has stayed around the midpoint of its target range. The last time the South African Reserve Bank cut its repo rate was in March 2018. Earlier this year a faction in the governing African National...
News South Africa Economy: Corruption hot topic in South Africa's last election rallies
He pledged to raise 1.4 trillion rand ($100 billion) to invest in the country's economy to create jobs, especially for South Africa's youth . Ramaphosa was speaking to thousands of ANC supporters ...
News South Africa Economy: South Africa's Ramaphosa faces obstacles to reform
The former union leader turned business tycoon has promised to introduce major economic reforms and extend a crackdown on corruption if his African National Congress (ANC) party is returned to power ...
News South Africa Economy: Post-apartheid South Africa is world's most unequal country
"Whites have, in fact, comfortably improved their economic status in post-apartheid South Africa because our economy channels such a big share of national income to the top 10%." Half of South ...
News South Africa Economy: South Africa Inc.'s Tips for the President to Spur Economy
(Bloomberg) -- South African business leaders are in harmony on what the country needs after this week’s elections. Reinvigorating the economy leads the agenda of what Cyril Ramaphosa, the ...
