South Africa’s growth outlook has been revised downwards to 0.7% in 2018, said National Treasury on Wednesday. “The National Treasury forecasts that GDP growth will slow to 0.7% in 2018, down from 1.3% last year, before rising to 1.7% in 2019 and 2.1% in 2020,” said...
President Cyril Ramaphosa has assured potential investors that South Africa is working hard to provide a conducive environment for investors. “Government is working with urgency to guide the economy towards a more sustainable growth trajectory and to restore South...
South Africa – The Investing in African Mining Indaba is an annual platform that brings more than 7 000 seasoned captains of industry in the mining sector under one roof at the Cape Town Convention Centre. Mining Indaba 2015 is scheduled to take place from 9 –...
Credit rating agency Moodys Investors Service has downgraded South Africa’s credit rating one notch from Baa1 to Baa2, while also revising the credit outlook from negative to stable, said National Treasury. Moody’s decision keeps South Africa’s rating in investment...
The South African Reserve Bank (SARB) says while it has taken note of rating agency Moody’s decision to downgrade Capitec Bank Limited, it does not agree with the decision. Two reasons were given for the rating action: a lower likelihood of sovereign systemic support...
