The Latest Breaking News from Economy

South Africa endured an electricity crisis from 2008 characterised by intermittent rolling blackouts and a growing culture of non-payment. The state-owned utility, Eskom, came to be regarded as the single largest risk to South Africa’s economy. At the end of March 2020 Eskom’s debt stood at R488 billion (US$27.4 billion).

The central problem with 'levelling up' was that no one in government ever quite articulated what it meant. Was it the application of a lick of paint to dilapidated northern high streets, or did it entail a fundamental rewiring of the British economy? And if it was the latter, join…

The current political turmoil in Bangladesh, which has seen the government collapse in the face of widespread protests, will pose a fresh set of challenges for the country’s economy. One of the most immediate impacts will be a slowdown in economic growth, as instability creates uncertainty and undermines investor confidence.

September S&P 500 E-Mini futures (ESU24) are down -0.04%, and September Nasdaq 100 E-Mini futures (NQU24) are up +0.05% this morning as investors awaited a fresh batch of U.S. economic data and braced for Nvidia’s financial report due on Wednesday.

September S&P 500 E-Mini futures (ESU24) are up +0.14%, and September Nasdaq 100 E-Mini futures (NQU24) are up +0.28% this morning, rebounding slightly from Monday’s tech-driven losses on Wall Street, while investors awaited a fresh batch of U.S. economic data and braced for Nvidia’s financial report due on Wednesday.

Live coverage of business, economics and financial markets as Federal Reserve rate cuts drive US dollar lower

Treasurer’s speech criticised opposition leader for devoting past two weeks of parliamentary sittings to condemning the issuing of visas to people from Gaza

Buckle up: This one won't be so pretty. But there are reasons the future can be better than the misery fossil fuels bring too.

South Africa is at a pivotal moment in its energy transition: trying to decarbonise its economy (move away from coal) and make sure that everyone has access to reliable and affordable energy. Storage of renewable energy is very important for this transition. Solar and wind power are not available all…

Presidential campaigns release contrasting economic-themed ads, highlighting their strategies and priorities in engaging with voters.

Up until now South Africans have been allowed to withdraw their entire pension or provident fund when leaving a job. This has left many with no savings at all when they get to retirement age.