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Economics

17 Results / Page 1 of 2

Economics

Consumer inflation dips sharply in October

Consumer inflation dips sharply in October A woman uses a trolley as she shops at a Pick n Pay store at the Dobson Point Shopping Centre, in Soweto, South Africa, March 19, 2024. Image Credits : Reuters Naledi Ngcobo 20 November 2024, 11:40 [SAST] Data released by Statistics South Africa (Stats SA) shows that consumer price inflation declined sharply to a four-year low from 3.8% in September to 2.8% in October 2024. Stats SA notes that the drop in fuel prices remains […]

November 20, 2024 6

Economics

Banks are dumping ATMs in South Africa

Banks are dumping ATMs in South AfricaAbsa, Standard Bank, and FNB have been closing ATMs over the last five years, while Capitec has significantly increased its ATM footprint.Banks in South Africa are closing ATMs due to a combination of factors, including increased digital banking adoption, high operational costs, and security concerns.As more customers transition to online and mobile banking, the demand for physical ATMs has decreased.Maintaining and servicing ATMs in remote or low-traffic areas is becoming less cost-effective for banks.Additionally, […]

July 21, 2024 54

Economics

You can now check your tax refunds and audit status on WhatsApp

July 13, 2024 38

Economics

Young South Africans are calling it quits

Young South Africans are calling it quits Young South Africans are more willing to emigrate than their global counterparts. Despite many foreign nationals choosing South Africa as a retirement destination, including those from the UK, China, Germany and the USA, the inverse is also taking place, where young South Africans are looking to leave the country. Thousands of foreign nationals have chosen South Africa as their retirement destination, with many of them leaving some notable first-world countries such as the United […]

July 9, 2024 40

Economics

5 important things happening in South Africa today

Here’s what is happening in and affecting South Africa today:

July 5, 2024 279

Economics

5 important things happening in South Africa today

Here’s what is happening in and affecting South Africa today:

July 1, 2024 47

Economics

Worker’s death reported at Welkom’s Harmony Gold mine

A blasting accident at the Phakisa Mine in Welkom has claimed the life of an employee.

June 30, 2024 29

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Economics

South African Wagon Builder Secures Major Order for the Lobito Corridor

Galison Manufacturing, a South African-based industry leader in the manufacture and supply of railway freight wagons and mining equipment, is pleased to announce a significant order for container wagons received from Lobito Atlantic Railway, SA, the concessionaire on the Lobito Corridor linking the Port of Lobito in Angola with the DRC Copperbelt.

May 24, 2024 772 5 2

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Economics

Eskom’s big win in the fight against load-shedding

Load-shedding will remain suspended until further notice following 39 consecutive days of no rotational power cuts, and Eskom has markedly improved its Unplanned Capacity Loss Factor (UCLF).

May 6, 2024 24489 1 2