South African News
S African consumer confidence drops, but signals strong festive season
By: Reuters 4th December 2024 South Africa's consumer confidence slipped one point in the fourth quarter, although retail sales during the festive season are still expected to... →
South Africa business activity rises for 4th straight month, PMI shows
By: Reuters 4th December 2024 South African private sector activity increased for a fourth consecutive month in November as firms took on more workers and grew more confident... →
Eskom appoints group executive for strategic delivery
By: Creamer Media Reporter 3rd December 2024 Power utility Eskom has appointed Alfred Seema as group executive for strategic delivery. He joins the utility from Sasol, where he most recently... →
Justice Minister moved to Human Settlements portfolio amid probe
By: Bloomberg 3rd December 2024 President Cyril Ramaphosa moved Justice and Constitutional Development Minister Thembi Nkadimeng-Simelane to a new department, amid an... →
Germany commits R5.2bn to South Africa and promises to deepen cooperation ahead of Joburg G20
By: Terence Creamer 3rd December 2024 Germany has committed further funding of €276.5-million (about R5.2-billion) to South Africa for the period to 2026 to support several initiatives,... →
Political parties react to surprise drop in GDP
By: Thabi Shomolekae 3rd December 2024 The Democratic Alliance (DA) pointed out that the country’s third quarter GDP performance is impetus to urgently accelerate the economic reforms... →
Global investor sentiment towards South Africa much better in 2024, Exxaro reports
By: Martin Creamer 3rd December 2024 Global investor sentiment towards South Africa improved significantly in 2024, Exxaro FD Riaan Koppeschaar reported on Tuesday, December 3. In a... →
DA wants Rand Water to reschedule December maintenance
By: Thabi Shomolekae 3rd December 2024 The Democratic Alliance is urging Rand Water to replan what the party calls a “ridiculous” mid-December water shut-off for large parts of the City... →