The Herald

Economy

Latest news & developments
When consumer confidence is low, households tend to limit spending to basic necessities such as food to free up the income for debt repayment. Picture:

Fuel shock sends consumer confidence crashing

Fuel price surge and Iran war fallout squeeze household budgets

President Cyril Ramaphosa is eager to put forward a coherent plan that will not leave Eskom in a worse financial position. Picture:

Ramaphosa extends deadline for Eskom’s grid-split plan

Task team was given three months to deliver unbundling plan for transmission assets

Reserve Bank governor Lesetja Kganyago says the monetary policy committee agreed that the challenge of large and overlapping shocks is likely to trigger second-round effects, requiring a policy response.

Households brace for pain as Reserve Bank comes down hard on inflation

Bank raises rate 25 basis points, citing rising risks driven by higher oil prices

A worker picks maize at an organic farm near Beijing, China. Asia and the Middle East account for 14% of South Africa's agricultural exports. Picture:

SA’s farm exports jump 11% despite port bottlenecks

Strong demand lifts agricultural trade surplus as logistics challenges raise costs for growers

The April spike in inflation will be top of mind when the South African Reserve Bank's monetary policy committee, chaired by governor Lesetja Kganyago, ponders on interest rates next week. File photo.

Buckle up: Reserve Bank likely to raise interest rates

The South African Reserve Bank is increasingly likely to raise interest rates next week.

Lower food prices today cannot hide the heavy operational burdens our producers face due to escalating energy costs, says agriculture minister John Steenhuisen.

Steenhuisen warns record-high fuel prices threaten SA’s agricultural sector

Statistics SA reports lowest food inflation rate in 14 months, but agriculture minister warns farmers are under pressure

A fuel attendee fills up a car.

Fuel prices to hit new highs in May

From Wednesday, all grades of petrol and diesel see major increases

Motorists are set for further relief with the reduction in the fuel levy for petrol extended to June 2, while the surcharge for diesel will be temporarily halted.

Govt extends fuel reduction levy on petrol, cuts diesel surcharge to zero

Motorists face further hefty fuel price increases despite government interventions

A woman walks past an electronic board at the JSE in Sandton, Johannesburg, in this file photo.

Crypto to face new rules as SA plans major revamp of exchange controls

South Africa is revising exchange controls to boost investment and regulate crypto assets