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South Africa

South Africa

Population: 62.47m
GDP: $373.23bn
Debt: 75.4% of GDP (2024)

news from South Africa

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Found 841 articles.

Displaying 181-190 out of 841 results.

Unpacking Cyril’s stimulus

Economists question whether the immense Covid-19 relief package will just help business or the wider population

President Cyril Ramaphosa's 500 billion rand (US$26bn) stimulus to sustain South Africa's already precarious economy during the Covid-19 lockdown has been welcomed by business and opposition leaders, but...


Cyril's double crisis

Drastic measures to contain the pandemic, coupled with the Moody’s downgrade, have strengthened the President’s hand – for now

The South African government has vowed to respond to the double shock of the coronavirus pandemic and a credit ratings downgrade by making overdue structural reforms to prevent...


Ramaphosa’s next test

The pandemic could not have come at a worse time for an ailing economy already stressed to the limit

The collapse of the global financial markets, the tanking oil price, and the threat of a major global economic recession have radically altered the backdrop to South Africa's...


Tito takes on the workers

As the budget aims to cut public sector pay by US$10 billion and sell state assets, trade unions push back on jobs and wages

Threatening huge cuts in public spending but no serious tax hikes, Finance Minister Tito Mboweni's budget of 13 February will unleash further political drama and perhaps trigger a...


Opposition in flux

With the main opposition party in turmoil, political players old and new are gearing up to form new political movements

The main South African opposition parties are in an unprecedented state of flux after the resignation of two black leaders rocked the Democratic Alliance late last year. Now...


Ramaphosus interruptus

Punctuated by protests, the President gave an eloquent statement but he is leaving the heavy lifting to the finance minister

In the first of two last-chance bids by government to forestall a ratings downgrade on the country's credit rating to junk status, President Cyril Ramaphosa failed to convince...


The state of Cyril Ramaphosa

The President's speech to parliament on 13 February will say more about his fragile coalition of reformers than about the country he governs

For the past three decades each State of the Nation speech has been billed as the most important ever. Most – with the honourable exception of Nelson Mandela's...


Over the rainbow

Ramaphosa grapples with economic crisis, corruption prosecutions and power shortages on a historic anniversary

The 30th anniversary of then-President FW de Klerk's announcement on 2 February 1990 of the release of Nelson Mandela nine days afterwards passed quietly as investors gathered to...


Displaying 181-190 out of 841 results.