The Taps Join the Queue: Inside South Africa's Newest World Bank Loan
Treasury has signed a US$1.5 billion World Bank loan, its fourth since 2022, and the first to put money behind water and sanitation alongside electricity and freight.
Economy
Growth, inflation, jobs, the Reserve Bank and the forces shaping South Africa’s economy.
More South Africans are planning for retirement, but far fewer are ready for it
FNB's latest survey finds a jump in retirement planning — and a warning from those already retired that it costs far more than they budgeted.
South Africa's tech jobs are going unfilled — and it isn't only about degrees
Recruiters say most IT applicants don't meet the bar for the roles on offer, but others argue the real gap is experience, not qualifications.
Why the mood in commercial property just soured overnight
FNB's brokers went from upbeat to gloomy in a single quarter as war-driven costs and rate fears bit.
The foreigners quietly buying up Cape Town's priciest streets
Overseas buyers have poured R153bn into Cape Town homes in a decade, and they are clustered right at the top of the market.
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Inflation is about to cool. Bank of America still expects a hike next week
The US lender expects the Reserve Bank to lift the repo rate another 25 basis points on 23 July, arguing that rising inflation expectations — not the oil price — are now the real risk.
Young South Africans really do want to save. Life keeps getting in the way
A new Old Mutual study finds nine in ten young workers have savings goals, but rising costs mean far fewer are actually putting money away.
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Treasury freezes R13.5bn — and starts paying municipal creditors directly
National Treasury has withheld July's equitable share from 69 municipalities and will route the money straight to Eskom, water boards and pension funds, as Nelson Mandela Bay's business chamber warns of damage to investor confidence.
Editor’s pick
SA construction is earning more but mattering less
New Stats SA figures show a R605bn industry that keeps shrinking as a share of the economy.
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SA factory output slumps 4.3%, muddying the Reserve Bank's rate call
Manufacturing production fell 4.3% in the year to May — its steepest drop in over a year — piling pressure on second-quarter growth just as the Reserve Bank weighs another rate hike.
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Johannesburg gets a rare bit of good financial news, with strings attached
Moody's has moved the city's outlook to positive, a vote of confidence in a municipality that's still dangerously close to running out of money.
South Africa's biggest companies are quietly building their way off Eskom
At least 40 listed firms have shared plans this year to power themselves with renewables, and the shift is starting to reshape Eskom's role.