Ntando Thukwana

Negotiators for the world’s largest economies reached broad consensus to back South Africa’s G-20 priorities, including addressing the worryingly high debt of African nations.

South Africa’s inflation rate crept up for the first time in nine months, supporting policymakers’ cautious approach to rate cuts as they evaluate new risks.

South African inflation expectations for the next two years fell to their lowest level since 2021, edging closer to the midpoint of the central bank’s target range and boosting the case for policymakers to continue lowering interest rates.

South Africa wants the Group of 20 to reassess the system it set up four years ago to restructure poor nations’ debt because it doesn’t consider the full extent of their burdens, Finance Minister Enoch Godongwana said.

Both debtors and creditors have heavily criticised the G-20's blueprint as being too slow and politically fraught.

South Africa has shut down 1,041 mom-and-pop stores in a bid to stop people from consuming pesticide-laden food, which has led to the deaths of 38 children across the country.

There have been 890 reported incidents of food-related illness across the nation's nine provinces, Ramaphosa said on November 15.

Reflecting concerns about the pace of economic recovery and the likely impact of US President-elect Donald Trump on global trade.

South Africa awarded 1,760 megawatts of green-power projects to companies as part of a multi-year program to cut its reliance on coal for electricity, with limited access to the country’s constrained transmission grid curbing its plans.

South Africa awarded 1 760 megawatts of green-power projects to companies as part of a multi-year program to cut its reliance on coal for