economy

economy

‘Crisis mafias’ are thriving in South Africa

‘Crisis mafias’ are thriving in South Africa

Africa-Press - South-Africa. Water mafias are spreading across the country, sabotaging the already ailing infrastructure to cash in, while similar mafias already operate in...
Fuel prices look set to take a dive in June

Fuel prices look set to take a dive in June

Africa-Press - South-Africa. Significant decreases in fuel prices across the board are expected in June based on unaudited mid-month data from the Central Energy...
UBA Africa CEO advocates for funding and partnerships to support Africa infrastructure dev’t

UBA Africa CEO advocates for funding and partnerships to support Africa infrastructure dev’t

Africa-Press - South-Africa. In a panel discussion on infrastructure development in Africa, at the launch of the 2025 Africa Prosperity Dialogue, Mrs. Abiola Bawuah,...
South Africa missed the boat

South Africa missed the boat

Africa-Press - South-Africa. South Africa’s port crisis has cost the economy an estimated 5% of its GDP, and now the country is losing out...
BP plans big expansion in South Africa – as Shell heads for the door

BP plans big expansion in South Africa – as Shell heads for the door

Africa-Press - South-Africa. Petrochemical group BP says that it has drawn up a “long-term” strategy for its presence in South Africa, which includes expanding...
Mercore seals first digital bill of exchange deal in Africa

Mercore seals first digital bill of exchange deal in Africa

Africa-Press - South-Africa. Trade-focused fintech Mercore has completed its first digital bill of exchange transaction in Africa, facilitating sales of organic pesticides by a...
Eskom has been fixed – despite Andre de Ruyter’s claims

Eskom has been fixed – despite Andre de Ruyter’s claims

Africa-Press - South-Africa. Eskom has been fixed by the people currently working at the utility, despite claims by former CEO Andre de Ruyter that...
South Africans set to pay more for insurance

South Africans set to pay more for insurance

Africa-Press - South-Africa. South Africans are set to pay more for insurance in the coming years as weather-related claims spike, increasing the reinsurance costs...
WeBuyCars off to a rocky start on the JSE

WeBuyCars off to a rocky start on the JSE

Africa-Press - South-Africa. WeBuyCars is off to a rocky start to life on the JSE, with its first set of results revealing a R69.5...
Private sector pumping money into South Africa – while government cuts back

Private sector pumping money into South Africa – while government cuts back

Africa-Press - South-Africa. The private sector is driving investment in South Africa, with spending on infrastructure, software, research and development increasing while government investment...