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28 Jul 21
Violent civil unrest in South Africa risks harming the economic recovery from Covid-19 and threatens medium-term growth, according to rating agency S&P Global.
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30 Jun 21
Former South African president Jacob Zuma has been sentenced to 15 months in prison after failing to attend a corruption inquiry, fearing “significant damage to the rule of law” if he was not...
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11 Jun 21
A former South African finance minister has slammed Jacob Zuma, president between 2009 and 2018, for leaving the country weaker after working to undermine the power of the country's finance...
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11 May 21
Vaccines should be seen as a “global public good” during the Covid-19 crisis and intellectual property rights should be waived so developing countries can afford them, South Africa’s president has...
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8 Feb 21
Many public officials in South Africa abandoned procurement procedures amid the Covid-19 crisis, investigators have found while looking into corruption allegations.
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7 Jan 21
More than one million Covid-19 vaccine doses will arrive in South Africa in the coming weeks, with the country seeking to inoculate its healthcare workers as they fight against the virus.
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23 Nov 20
Two ratings agencies have downgraded South Africa’s credit rating further into junk status, in a “painful” move that will increase the country’s borrowing costs and likely lead to spending cuts or...
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29 Oct 20
Government debt is set to rise for the next five years in South Africa, but officials hope to keep public finances sustainable by slashing the deficit, the country’s finance minister said while...
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16 Oct 20
Infrastructure will be key to helping drag South Africa’s economy out of the crisis caused by Covid-19, the country’s president said while announcing an ambitious programme of spending.
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6 Oct 20
A “city opposed to Apartheid” is being built in South Africa, with the first phase of development having been launched by president Cyril Ramaphosa.
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4 Sep 20
South Africa’s auditor-general found a “high risk” of fraud and abuse in the country’s multi-billion rand Covid-19 stimulus package, with money having been improperly paid out and serious fears of...
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31 Jul 20
Covid-19 has shown that South Africa needs to improve its social protection system to ensure everyone living in poverty is supported, economists have argued in a report into the country.
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23 Jul 20
South Africa has been granted its first ever crisis loan from the African Development Bank as it struggles against one of the world’s most serious outbreaks of Covid-19.
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24 Jun 20
Covid-19 has more than doubled South Africa’s projected consolidated budget deficit, the country’s finance minister said, as he delivered a special adjustment budget to deal with the virus.
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24 Apr 20
South African president Cyril Ramaphosa has announced a Covid-19 economic rescue package equivalent to 10% of his country’s GDP.
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6 Mar 20
Power cuts and poor performance by the state-owned power company Eskom are “killing the economy” of South Africa, an economist has told PFF after the country entered its second recession in two years.
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24 Jan 20
South Africa’s post-apartheid constitution is arguably one of the best in the world, but public money is still not used as well as it could be to improve the lives of women and girls.
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12 Dec 19
“Drastic steps” will be taken to restore South Africa’s struggling state-owned enterprises to health, the country’s president has promised.
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26 Nov 19
The sixth consecutive year of sluggish economic growth in South Africa has led IMF economists to call for “decisive” reform.
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24 Oct 19
Struggling South African power company Eskom has been given an additional 59bn rand (£3.1bn) by the country’s government to help service its debt and stop power cuts.
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1 Oct 19
A clear economic growth strategy for South Africa will be finalised within the next few weeks, president Cyril Ramaphosa said on Monday.
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6 Sep 19
South Africa has avoided a second recession in two years, as new figures show its economy grew by 3.1% in the second quarter of 2019.
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16 Aug 19
South African president Cyril Ramaphosa has won the latest round in his legal battle against an anti-corruption watchdog.
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12 Aug 19
Struggling South African state power utility Eskom wants the majority of its 440bn rand ($29bn) debt transferred to the country’s government.
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30 Jul 19
A team of South African experts has said some land should be expropriated but has held back from full-scale nationalisation.
28 Jul 21Violent civil unrest in South Africa risks harming the economic recovery from Covid-19 and threatens medium-term growth, according to rating agency S&P Global.
30 Jun 21Former South African president Jacob Zuma has been sentenced to 15 months in prison after failing to attend a corruption inquiry, fearing “significant damage to the rule of law” if he was not...
11 May 21Vaccines should be seen as a “global public good” during the Covid-19 crisis and intellectual property rights should be waived so developing countries can afford them, South Africa’s president has...
8 Feb 21Many public officials in South Africa abandoned procurement procedures amid the Covid-19 crisis, investigators have found while looking into corruption allegations.
7 Jan 21More than one million Covid-19 vaccine doses will arrive in South Africa in the coming weeks, with the country seeking to inoculate its healthcare workers as they fight against the virus.
23 Nov 20Two ratings agencies have downgraded South Africa’s credit rating further into junk status, in a “painful” move that will increase the country’s borrowing costs and likely lead to spending cuts or...
29 Oct 20Government debt is set to rise for the next five years in South Africa, but officials hope to keep public finances sustainable by slashing the deficit, the country’s finance minister said while...
6 Oct 20A “city opposed to Apartheid” is being built in South Africa, with the first phase of development having been launched by president Cyril Ramaphosa.
6 Mar 20Power cuts and poor performance by the state-owned power company Eskom are “killing the economy” of South Africa, an economist has told PFF after the country entered its second recession in two years.
24 Jan 20South Africa’s post-apartheid constitution is arguably one of the best in the world, but public money is still not used as well as it could be to improve the lives of women and girls.
26 Nov 19The sixth consecutive year of sluggish economic growth in South Africa has led IMF economists to call for “decisive” reform.
