South Africa’s apex bank may reduce interest rate by 25 basis points next week, says economists who responded to a Reuters poll.

It is a world of contrasts for Africa’s two largest economies: South Africa and Nigeria. While Nigeria’s Central Bank of

Adesola Afolabi & Bukola Odufade   Gross Domestic Product (GDP) data from South Africa’s statistical agency published

South Africa’s central bank Wednesday projected that economic growth this year will be “much lower” than initial expectations. The

The introduction of a new minimum wage in South Africa has elicited mixed reactions from several unionists in the country. South

Cyril Ramaphosa, South African President said the country needs to take extraordinary measures to boost growth following years of

South Africa’s next round of bids for renewable energy agreements with independent power producers will begin in November and could

South Africa’s manufacturing output contracted by 1.3 percent year-on-year in March following a revised 0.5 percent expansion in

A severe drought afflicting South Africa’s Western Cape province is expected to cut agricultural output by 20 percent in 2018,

Statistics South Africa said Tuesday that the country’s economy expanded more than expected in the final quarter of 2017 largely