Market data including bonds and fuel prices
The unskilled workforce in particular will be affected by the steps the country will be compelled to take
A former senior investigator who worked closely with the public protector on the report accused her of watering it down and removing portions
The premier announced her cabinet after a meeting with the ANC’s deployment committee and its alliance partners
Business Day TV speaks to African Rail Industry Association CEO Mesela Nhlapo
Credit bureau sees more defaults ahead as central bank increases interest rates
The improved sentiment is a result of increased merchandise export and import volumes and more new vehicles sold, Sacci report says
The monetary policy committee increases the key policy rate to 6% from 5%
Top swimmers have a rivalry that could develop into one of SA sport’s greatestt
The Italian SUV outguns the Bentley Bentayga's record
Only three weeks on, Russia’s brutal invasion of Ukraine has profoundly affected the global economy, which was already upended by Covid-19. SA has little direct trade with Russia or Ukraine, so the immediate effects arise from disruption of global markets. Unless Russia withdraws soon, however, the war could cause a global slowdown, reversing the recovery from the pandemic.
Trade with Russia and Ukraine accounted for less than 1% of SA’s total imports and 0.5% of exports in 2020. Copper cable comprised a third of imports from Russia, with wheat, petroleum and fertilisers making up most of the remainder. SA accounted for 0.16% of Russian exports, but 3% of its exports of copper cables. SA imports from Ukraine were even smaller, consisting principally of wheat and other agricultural products and contributing less than 0.1% of Ukrainian exports. SA exported mostly horticultural products to the two countries, with mining equipment and minerals (mostly manganese to Russia and chro...
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