Economy Newsroom

Zimbabwe Reserves Small-Scale Gold Mining Exclusively for Citizens with Immediate Effect

Government announces major policy shift to boost local participation and curb foreign dominance in the artisanal and small-scale mining sector.

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Eskom Threatens to Cut Power to Johannesburg as City Power Debt Hits R5.2 Billion – City Launches Debt Blitz

While Eskom issues a formal disconnection notice, Johannesburg’s leadership team hits the streets to recover millions in overdue utility payments.

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Kenya Fuel Price Protests Turn Chaotic as Citizens Demand Relief

Angry demonstrators took to the streets on Monday over rising fuel costs linked to global tensions in the Strait of Hormuz.

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Zimbabwe Rolls Out New ZiG Banknotes as Government Moves to Return Seized Farms to European Owners

While the Reserve Bank introduces upgraded ZiG notes to restore confidence, authorities announce plans to return dozens of farms seized under Mugabe, amid persistent empty shelves in major supermarkets.

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China’s Africa Minerals Strategy: Securing Critical Resources for the Global Green Transition

Beijing’s long-term investments in African lithium, cobalt, graphite and rare earths give China dominant control over key supply chains for electric vehicles and renewable energy.

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Latest Reports

SASSA Announces Official 2026/27 Social Grant Payment Dates

Beneficiaries can now plan ahead as the agency releases the full schedule for the new financial year.

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President Ramaphosa Arrives in Lesotho for Senqu Bridge Launch

President Cyril Ramaphosa has landed in Maseru to join King Letsie III and Prime Minister Samuel Matekane for the official opening of the Senqu Bridge today.

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Komati Redevelopment: South Africa’s Flagship Just Transition Pilot Turns Coal Ashes into Green Growth – Progress, Pain and Promise

Four years after decommissioning, the Komati Power Station in Mpumalanga is being repowered with solar, wind, battery storage and community training hubs – but local residents say the human cost of transition remains painfully real.

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SARS Crosses Historic R2 Trillion Revenue Mark in 2025/26 – A Milestone for South Africa’s Fiscal Resilience

Net collections hit R2.01 trillion despite COVID scars, load-shedding and a sluggish economy, delivering R24.7 billion more than budgeted and sparing taxpayers an extra VAT hike.

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Fastest-Growing Cities in the West Revealed: Australia and Canada Dominate Rankings

New demographic study highlights migration and affordability as key drivers of urban growth

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Africa’s $3.4 Trillion Opportunity: Why Global Investors Are Turning to the Continent

From a rapidly expanding consumer market to vast natural resources and digital innovation, Africa is increasingly attracting global investors seeking the next major growth frontier.

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Youth Employment Crisis: Evaluating the Presidential Stimulus Effectiveness

Protests by unemployed youth and persistent joblessness are raising questions about whether South Africa’s flagship employment programmes can deliver lasting economic opportunities.

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Two Dead After Rovos Rail Derailment Near Keetmanshoop, Namibia

Luxury train tragedy raises questions about infrastructure safety and emergency preparedness in Namibia

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IMF Roadmap to Unlock SA’s Economic Potential as 3% Inflation Target Takes Effect

As South Africa shifts to a firmer 3% inflation anchor, the IMF outlines structural reforms that could reshape growth, investor confidence, and Budget 2026 priorities.

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Unemployment Dips Slightly to 31.4% — Stats SA Reports Cautious Optimism

Q4 2025 shows a 0.5% decline in unemployment, offering hope amid ongoing economic pressures and structural challenges.

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South Africa’s Economy Enters 2026 With Fragile Recovery

Cooling inflation and limited reforms bring relief, but deep structural problems still constrain growth.

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South Africa Raises National Minimum Wage to R30.23

Hourly minimum wage will rise by about 5% from March 1, 2026, the labour department says.

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SARB Holds Repo Rate at 6.75% Amid Inflation and Global Risks

Monetary Policy Committee votes to maintain benchmark interest rate, balancing inflation outlook and economic uncertainties.

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Egypt Pays $5 Billion to Foreign Oil Partners to Cut Arrears

Cairo moves to stabilise energy output and rebuild investor confidence after years of delayed payments.

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