FILE: President Ramaphosa officiates first meeting of G20 Foreign Ministers under South African Presidency The Global Inequality Report, authored by the G20 panel of experts on inequality and published in early November to coincide with the G20 Summit being hosted in Johannesburg, shows that while total global wealth doubled since 2000 to a staggering US$480…
SA inflation rose to 3.6% in October. Consumer inflation has continued on an upward trajectory, moving further from the Reserve Bank’s new target of 3%. Stats SA data shows the annual consumer price inflation was 3.6% in October, up from 3.4% in September. The main contributors to the acceleration were housing and utilities, and food…
G20 leaders arriving for the summit. International Relations analyst, Oscar van Heerden, has described the arrival of some of the world leaders in South Africa as a significant moment for Africa. This year’s Group of 20 (G20) Summit is being held for the first time in an African nation. It will focus on helping developing…
Mining helmets. The recent 18% surge in commodity prices over the past seven months is set to help mining giant Impala Platinum (Implats) align with the G20’s strategic objectives. This is according to its newly appointed CEO, Moses Motlhageng. Speaking ahead of the G20 Summit scheduled to take place in Johannesburg this weekend, Motlhageng noted…
President Cyril Ramaphosa briefing members of the media. President Cyril Ramaphosa has emphasised that South African business executives have a critical role to play in driving inclusive economic growth on the continent and across the globe. Speaking at a working dinner with some of the country’s leading company CEOs in Sandton, the President stressed that…
Consumers hand over 100 Rand notes for food and other purchases. The Head of Macroeconomic Research at Standard Bank, Elna Moolman, says the impact of the interest rate cut, which was widely expected by markets will only be felt next year. Her comments follow the Reserve Bank’s 25 basis points interest rate cut announcement, which…
A passenger opens the Uber app. The Gauteng Department of Roads and Transport is calling on all e-hailing app providers to register their apps with the National Transport Department, as mandated by the National Land Transport Amendment Act. The directive is part of government’s efforts to align national and provincial transport frameworks, and to ensure…
[File Image]: Reserve Bank Governor Lesetja Kganyago announces a decision by the Monetary Policy Committee (MPC) on interest rates in Pretoria on July 31, 2025. The South African Reserve Bank’s Monetary Policy Committee (MPC) is expected to announce its final interest rate decision for the year this afternoon. At its last meeting in September the…
Reserve Bank Governor, Lesetja Kganyago. Reserve Bank Governor, Lesetja Kganyago, is to announce the Bank’s decision on interest rates on Thursday with some economists predicting a 25-basis point cut. Statistics South Africa (STATS SA) says consumer price inflation accelerated from 3.4% in September to 3.6% in October 2025. However, economist Elize Kruger says inflation remains…
Transport Minister Barbara Creecy. Transport Minister Barbara Creecy says she is confident that all major airports which are expected to receive international delegates for the G20 Summit are up to standard. The minister was speaking at the OR Tambo International Airport, east of Johannesburg, where she provided a status report on the country’s airport infrastructure…
