overview of the economy of South Africa
Key FactsLesetja Kganyago’s Bold Inflation Target Shift
1 days ago · Reading time: ~45 sec.
Summary created with AI assistance · Source: dailymaverick.co.za
Summary created with AI assistance · Source: dailymaverick.co.za
- Lesetja Kganyago led a historic reduction of South Africa’s inflation target, unchanged for a quarter-century.
- This move intends to maintain inflation below 4% for several years, helping to reduce the cost of goods.
- Kganyago secured backing from key political figures including the Finance Minister and President Ramaphosa amid a fragmented political landscape.
- The narrower inflation band increases the challenge for monetary policy but promises long-term economic benefits for many citizens.
The way Kganyago did this was first to publicly campaign for a lower target.— Stephen Grootes discussing Lesetja Kganyago's approach to lowering the inflation target.
BusinessTech Dec 15
Storm brewing over Starlink access in South Africa: The ANC and the portfolio committee on telecommunications are pushing back against a new directive that would ...
businesstech.co.za/news/government/846479/storm-brewing-over-starlink-access-in-south-africa/
sabcnews.com Dec 10
“We are not happy about our performance there. We thought we were bringing a Ferrari, but I think now that it is a Tazz that is operating there. So ... Show more
BusinessTech Dec 15
Goodbye cash and ATMs as you know them in South Africa: The Reserve Bank plans to overhaul South Africa's cash system, including introducing new ATMs that should ...
businesstech.co.za/news/finance/846476/goodbye-cash-and-atms-as-you-know-them-in-south-africa/
BusinessTech Dec 12
OpinionRamaphosa sends a warning to the DA and other parties in government: Cyril Ramaphosa, as president of the ANC, has thrown his party's weight behind the ...
businesstech.co.za/news/business-opinion/846287/ramaphosa-sends-a-warning-to-the-da-and-other-parties-in-government/
Key FactsRamaphosa to Lead ANC 2026 Local Election Campaign
4 days ago · Reading time: ~45 sec.
Summary created with AI assistance · Source: dailymaverick.co.za
Summary created with AI assistance · Source: dailymaverick.co.za
- President Cyril Ramaphosa will lead the ANC’s campaign for the 2026/27 local government elections and remain in office until a successor is chosen in 2027.
- The party plans to audit ward-level issues and launched a hotline to address service delivery concerns.
- ANC Secretary-General Fikile Mbalula emerged as a strong contender for the party presidency in 2027 with widespread delegate support.
- The ANC committed to fighting corruption by empowering the Integrity Committee and advancing the National Health Insurance amid ongoing opposition.
We are not daunted nor cynical about the renewal of our movement.— Cyril Ramaphosa, as he closed the 5th National General Council of the African National Congress on December 11, 2025.
BusinessTech Dec 15
Cape Town plans to build a R180 million wall to tackle crime: Cape Town has plans to build a R180 million security wall along the road that has become notorious ...
businesstech.co.za/news/government/846519/cape-town-plans-to-build-a-r180-million-wall-to-tackle-crime/
Senior Road Accident Fund officials terminated an internally operated call centre that cost R25m a year to run and replaced it with an external service ... Show more
RAF’s dodgy call centre deal
RAF’s dodgy call centre deal
South Africa boosts coal exports to Israel after Colombia ban: South African miners are boosting thermal coal exports to Israel after top supplier Colombia in ...
reuters.com/world/africa/south-africa-boosts-coal-exports-israel-after-colombia-ban-2025-12-16/
sabcnews.com 9h
WATCH | Patriotic Alliance Deputy President and City of Johannesburg MMC for Transport, Kenny Kunene, says he is saddened by the death of radio DJ ... Show more
BusinessTech Dec 11
South Africans want BEE to end: More than half of South Africans want a key policy aimed at addressing racial inequality scrapped and hiring and promotions to be ...
businesstech.co.za/news/business/846225/south-africans-want-bee-to-end/
sabcnews.com Dec 15
WATCH | The Belfast Magistrate’s Court in Mpumalanga has postponed the case against 43-year-old Zimbabwean national Edward Chitaizvi ... Show more
sabcnews.com Dec 15
WATCH | The MKP claims that KwaZulu-Natal Premier Thami Ntuli has been misusing public funds to finance lavish overseas trips with his girlfriend.
BusinessTech Dec 15
OpinionThe 24-year-old company in South Africa set to become the new Capitec: WeBuyCars could soon see massive market share gains, and mirror the growth of Capitec ...
businesstech.co.za/news/business-opinion/845705/the-24-year-old-company-in-south-africa-set-to-become-the-new-capitec/
Drugs worth R4.3bn hidden in 2022 fruit exports spark bail battle in India and fraud accusations in SA
dailymaverick.co.za/article/drugs-worth-r43bn-hidden-in-2022-fruit-et-exports-spark-bail-battle-in-india-and/
/file/attachments/orphans/caryn-drugs_263543.jpg)
Nelson Mandela Bay Mayor Babalwa Lobishe’s year of missed deliverables : After a year in office, Mayor Babalwa Lobishe achieved a fraction of her set targets to ...
dailymaverick.co.za/article/nelson-mandela-bay-mayor-babalwa-lobishes-year-of-missed-deliverables/
/file/attachments/orphans/Babalwa_530406.jpg)
sabcnews.com Dec 12
BREAKING NEWS: The Border Management authority says it will impose a R15 000 fine per traveller on Ethiopian Airlines after disrupting a suspected human ... Show more
BusinessTech Dec 15
Discovery Bank named South Africa’s most loved bank – with record 61% net sentiment
businesstech.co.za/news/industry-news/846488/discovery-bank-named-south-africas-most-loved-bank-with-record-61-net-sentiment/
BusinessTech Dec 15
End of an era coming for TV licences in South Africa, and three private ‘universities’ getting shut down
businesstech.co.za/news/5-things/846458/end-of-an-era-coming-for-tv-licences-in-south-africa-and-three-private-universities-getting-shut-down/
BusinessTech 19h
Good news for Eskom customers in South Africa, and Ramaphosa withholds interim Madlanga report from the public
businesstech.co.za/news/5-things/846531/good-news-for-eskom-customers-in-south-africa-and-ramaphosa-withholds-interim-madlanga-report-from-the-public/
When you open your copy of DM168 today, you’ll find our Daily Maverick Small Town of the Year.
Nine writers travelled across nine provinces ... Show more
Investment bankers step in to tackle N3 freight congestion: South Africa is finally waking up to the rail revolution at an industrial scale ...
dailymaverick.co.za/article/investment-bankers-step-in-to-tackle-n3-freight-congestion/
/file/attachments/orphans/AreachstackerintheprocessoftransferringaloadedshippingcontainerfromrailtoroadtransportduringcargohandlingoperationsattheEITFreightVillage_389154.jpg)
sabcnews.com Dec 13
WATCH | Khusela Diko, Chairperson of the Portfolio Committee on Communications & Digital Technologies, addresses the controversy over the proposed ICASA ... Show more
BusinessTech 11h
What you need to earn to buy the cheapest Audi, BMW, and Mercedes in South Africa at the end of 2025
businesstech.co.za/news/motoring/845916/what-you-need-to-earn-to-buy-the-cheapest-audi-bmw-and-mercedes-in-south-africa-at-the-end-of-2025/
Newsroom Africa 16h
[WATCH] "Whenever people say 'why do you divide Afrikaners', I say to them: 'Do you want all Zulu speakers to stand as one?' If all Zulus stood together ... Show more
BusinessTech Dec 10
United States moving to punish South Africa: United States Trade Representative Jamieson Greer says that Washington is open to extending AGOA and excluding South ...
businesstech.co.za/news/government/846013/united-states-moving-to-punish-south-africa/
sabcnews.com 14h
RECONCILIATION DAY | KwaZulu-Natal Premier Thami Ntuli says reconciliation was the foundation upon which South Africa’s democracy was built ... Show more
BusinessTech Dec 15
How digital transformation is reshaping higher education in South Africa: Prof Ephrem Redda’s recent presentation at the United Nations Institute for Training ...
businesstech.co.za/news/industry-news/846465/how-digital-transformation-is-reshaping-higher-education-in-south-africa/
City Power, the entity that keeps Johannesburg’s lights on, is R20bn in the red and spends at least R2bn more than it collects in income ... Show more
BusinessTech Dec 14
Takealot beating Shein and Temu in South Africa: Takealot is comfortably the retailer of choice for Christmas shoppers in South Africa.
businesstech.co.za/news/finance/845235/takealot-beating-shein-and-temu-in-south-africa/
OpinionConsistent, reliable power supply will fuel Africa’s digital economy: High electricity costs are a barrier to Africa’s competitiveness
mg.co.za/thought-leader/opinion/2025-12-12-consistent-reliable-power-supply-will-fuel-africas-digital-economy/
BusinessTech Dec 11
South Africa on edge as US moves to extend AGOA: A US House committee has approved a bill to renew AGOA for another three years—with no immediate mention of ...
businesstech.co.za/news/government/846135/south-africa-on-edge-as-us-moves-to-extend-agoa/
Basic education’s ‘ghost worker’ verification sparks employee backlash: Staff unhappy about ‘invasive and poorly handled’ process
sundaytimes.timeslive.co.za/news/2025-12-13-st-news-1412-basic-educations-ghost-worker-verification-sparks-employee-backlash/
BusinessTech Dec 15
XM making its mark across South Africa: As 2025 comes to a close, XM looks back on an extraordinary year of achievements.
businesstech.co.za/news/industry-news/846446/xm-making-its-mark-across-south-africa/
sabcnews.com Dec 12
WATCH | Mmemme Mogotsi of the Border Management Authority reports that they disrupted suspected human trafficking operations ... Show more
Redi Tlhabi sits down with B20 Sherpa Cas Coovadia to unpack the summit’s strong outcome, the real barriers to mobilising capital for a just transition ... Show more
Daily Maverick
Daily Maverick
BusinessTech Dec 15
10 jobs that are in high demand in South Africa right now: Pnet has named 10 roles that are in hot-demand in South Africa, with the technology sector on a ...
businesstech.co.za/news/business/845798/10-jobs-that-are-in-high-demand-in-south-africa-right-now/
Female ANC president inevitable: Mabuyane : Eastern Cape ANC chair says they have set an example with four female regional chairs
timeslive.co.za/politics/2025-12-11-a-female-anc-president-is-inevitable-mabuyane/
Key FactsFemale Leadership Emerges in ANC Politics
5 days ago · Reading time: ~45 sec.
Summary created with AI assistance · Source: timeslive.co.za
Summary created with AI assistance · Source: timeslive.co.za
- Oscar Mabuyane highlights equal opportunity within the ANC, noting four regions in Eastern Cape are led by women.
- The ANC’s principles of non-racialism and non-sexism make female leadership inevitable in the party’s future.
- Mabuyane refrains from endorsing Thoko Didiza for president as the nomination period remains closed.
- He denies allegations of academic fraud and attributes them to political attempts to undermine his reputation.
This is an inevitable situation that, as we move forward, as we transform society and deal with patriarchal regulations in society.— Oscar Mabuyane, Eastern Cape ANC chair, discussing the future of female leadership in the ANC.
ANC veteran Nkosazana Dlamini-Zuma says African countries must prioritise trade with one another.
How child-centred learning is shaping the next generation: Redhill School is reimagining what meaningful learning looks like for South African students ...
news24.com/brandstory/partner-content/how-child-centred-learning-is-shaping-the-next-generation-20251215-0414
BusinessTech Dec 13
Over 40 jobs that pay more than the average salary in South Africa: Stats SA’s latest quarterly employment survey shows that the average monthly salary in South ...
businesstech.co.za/news/wealth/846442/more-than-40-jobs-that-pay-higher-than-the-average-salary-in-south-africa/
EFF leader Julius Malema says ANC secretary general Fikile Mbalula is leading the race to become the ANC's next president after Cyril Ramaphosa ... Show more
BusinessTech Dec 10
South African retail giant buying international company for R9.7 billion: Mr Price is acquiring Germany-headquartered NKD for R10 billion, which would take its ...
businesstech.co.za/news/business/845973/south-african-retail-giant-buying-international-company-for-r9-7-billion/
OpinionEDDY MALOKA | It’s time for SA to face up to a fast-changing future: ‘The days of being the world’s darling are over’
sundaytimes.timeslive.co.za/opinion-and-analysis/opinion/2025-12-13-eddy-maloka-its-time-for-sa-to-face-up-to-a-fast-changing-future/
BusinessTech Dec 11
South Africa hit with another trade ban: Botswana has again restricted imports of several vegetables from its neighbours, including South Africa.
businesstech.co.za/news/business/846115/south-africa-hit-with-another-trade-ban/
Crippled by debt and crime, City Power needs urgent reform, says report: City Power, the entity that keeps Johannesburg’s lights on, is R20bn in the red and ...
sundaytimes.timeslive.co.za/news/2025-12-13-need-graphic-st-news-1412-crippled-by-debt-and-crime-city-power-needs-urgent-reform-says-report/
BusinessTech Dec 11
OpinionDawie Roodt’s warning to anyone having children in South Africa: Renowned economist Dawie Roodt has warned that South Africa has unsustainable debt and deficits ...
businesstech.co.za/news/business-opinion/846208/dawie-roodts-warning-to-anyone-having-children-in-south-africa/
BusinessTech Dec 12
Can Forex trading provide real income for South Africans? Experts weigh in: With the right mindset, forex trading can shift from curiosity into a genuine source ...
businesstech.co.za/news/industry-news/846364/can-forex-trading-provide-real-income-for-south-africans-experts-weigh-in/
Bedford Today Dec 12
Soccer fans call on FIFA to immediately halt ticket sales via national associations | Africanews
africanews.com/2025/12/12/soccer-fans-call-on-fifa-to-immediately-halt-ticket-sales-via-national-associations/
BusinessTech Dec 12
New state-owned company for South Africa, and woman who stopped total grid collapse leaving Eskom
businesstech.co.za/news/5-things/846236/new-state-owned-company-for-south-africa-and-woman-who-stopped-total-grid-collapse-leaving-eskom/
A-LISTERS | Fashion ensemble under a searing Cape Town sun: Top designers showcase what to pack for the holidays
sundaytimes.timeslive.co.za/news/2025-12-13-st-news-1412-a-listers-fashion-ensemble-under-a-searing-cape-town-sun/
BusinessTech Dec 11
End of an era for iconic brand in South Africa: Tiger Brands has undergone a major brand refresh, as the group's turnaround has started delivering billions in ...
businesstech.co.za/news/business/846171/end-of-an-era-for-iconic-brand-in-south-africa/
BusinessTech Dec 11
First-of-its-kind gold mine in 15 years expected to create over 1,000 South African jobs
businesstech.co.za/news/business/846004/first-of-its-kind-gold-mine-in-15-years-expected-to-create-over-1000-south-african-jobs/
Superyachts, helipads and a seven-star hotel: Inside Cape Town's push to create a billionaire's playground on the water, in the #SundayTimesZA tomorrow.
‘Yoh! December ruined’: Social media reacts as Shebeshxt faces more than R2m in gig refunds after bail postponement
timeslive.co.za/tshisa-live/2025-12-10-yoh-december-ruined-social-media-reacts-as-shebeshxt-faces-more-than-r2m-in-gig-refunds-after-bail-postponement/
‘We thought we are bringing a Ferrari but I think now that is a Tazz’: Mbalula on ANC KZN task team
timeslive.co.za/politics/2025-12-10-we-thought-we-are-bringing-a-ferrari-but-i-think-now-that-is-a-tazz-mbalula-on-anc-kzn-task-team/
sabcnews.com Dec 14
WATCH | The official death toll in the Verulam temple collapse near Durban has risen to five, with the fifth body recently retrieved ... Show more
OpinionWANDILE SIHLOBO | National vaccination of cattle a good move : Fight against foot-and-mouth disease unlikely to see major beef price rise
sundaytimes.timeslive.co.za/opinion-and-analysis/opinion/2025-12-13-wandile-sihlobo-national-vaccination-of-cattle-a-good-move/
Africa Intelligence Brief — December 12, 2025: We’re tightening to the stories that actually move capital and risk. Benin moved from crisis response to ...
riotimesonline.com/africa-intelligence-brief-december-12-2025/
Family's desperate bid to repatriate man killed in freak US shooting: After a tragic shooting in the US, the family of Eric 'The Viking' Filmalter is urgently ...
iol.co.za/news/south-africa/2025-12-10-familys-desperate-bid-to-repatriate-man-killed-in-freak-us-shooting/
