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South Africa

South Africa

Population: 59.39m
GDP: $419bn
Debt: 70.7% of GDP (2023 forecast)

news from South Africa

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Found 827 articles.

Displaying 21-30 out of 827 results.

Political fight intensifies over state transit company

Finance minister turns down bailout request from Transnet whose failings have cost the economy over US$26 billion

Tough decisions and strong political backing are needed to turn around the ailing state-owned transport and logistics company, Transnet which could face a ratings downgrade. Struct...


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Opposition Democratic Alliance steps up international lobbying

Aiming to lead a coalition against the ruling ANC in next year's elections, opposition activists are hiring image-makers

Buoyed by recent opinion polls that suggest that they could deny the African National Congress an outright majority at the 2024 general elections for the first time since 1994, the...

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Godongwana's realism unsettles ANC

Ministers are torn between tax hikes and spending cuts in the tightest fiscal crunch for 30 years

After several opinion surveys forecast support for the African National Congress (ANC) dropping below 50% for the first time in next year's national election, the government is str...


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Polling hints at opposition breakthrough

Opinion surveys forecasting the ANC vote to fall well under 50% has raised the opposition coalition's hopes of unseating the ruling party in next year's election

Public support for the ruling African National Congress (ANC), which has been in power since the first post-apartheid elections in 1994, appears to have dropped significantly accor...

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Eskom chaos is at the heart of the growth crisis

Unless the power utility gets credible leadership and more investment to boost generation and transmission it will continue to hold the economy down

The IMF's latest data forecasts South Africa's economy will grow by 0.9% this year, up from projections in July of 0.6%. The marginal improvement is based on fewer power cuts than ...


Power cuts dash optimism on revenues

Bad economic news on almost all fronts complicates the ruling party's campaign to win over voters ahead of next year's elections

As the election campaign gets under way, President Cyril Ramaphosa and the ruling African National Congress confront an increasingly problematic economic legacy. It is sure to unde...


At last, the $8.5bn energy transition plan is ready

Delayed by the power crisis and fights with the coal lobby, the government says the green plan will launch at the UN Climate Summit

After two years of turf wars, the government's implementation plan for its US$8.5 billion (R160bn) Just Energy Transition Partnership (JETP) will be made public at the UN COP28 Cli...


Despite everything, the ANC charts a path to victory

Beefed up local organisation and a public spending push could help the ruling party avoid a coalition next year

Unheralded, the campaign for next year's national elections started this month. The ruling African National Congress will be fighting on multiple fronts: to cut state spending and ...


Displaying 21-30 out of 827 results.