Economy

Pharmaceuticals Under Pressure: Adcock Ingram Retrenchments Spark SACP Backlash and Broader Industry Alarm

Adcock Ingram’s recent announcement of its intention to retrench up to 250 workers and close a manufacturing plant has triggered…

Unlocking South Africa’s Urban Future: Timber Industry Set for Strategic Expansion

PRETORIA — The economic and structural viability of timber construction will take centre stage tomorrow as industry stakeholders, policymakers, and…

BRICS at Twenty: Ramaphosa Pushes New Architecture for Global Growth, AI Oversight, and Resource Beneficiation

As the BRICS bloc formally enters its third decade, member states are confronting a complex global landscape defined by volatile…

Gauteng Accelerates Taxi Operating Licence Drive, Clearing Backlog with 100 Permits Handed Over in Tshwane

The Gauteng Department of Roads and Transport has intensified its regulatory overhaul of the province’s public transport sector, delivering over…

Angola’s Economic Momentum Faces Reform Test Amid Favourable Global Conditions, Warns IMF

Luanda — A recent International Monetary Fund (IMF) staff team mission has cautioned that while a favourable external environment has…

Ramaphosa Heads to New Delhi for 18th BRICS Summit to Champion Trade, Multilaterial Reform

As global trade fragmentation and geopolitical friction mount, President Cyril Ramaphosa is set to travel to New Delhi for the…

South Africa Secures Landmark Access to Export Cherries to China in Boost for Agriculture and Jobs

BEIJING — In a major breakthrough for South Africa’s export-led agricultural strategy, Minister of Agriculture Willie Aucamp has signed a…

Tech, AI, and In-Person Experiences to Drive Global Entertainment and Media Sector to $4.2 Trillion by 2030

The global entertainment and media (E&M) sector continues to show remarkable resilience and expansion, charting a path toward significant revenue…

Expenditure Trends: Trade Imbalance and Construction Slump Offset Household Spending

Expenditure on real GDP similarly posted a 0.2% decrease in Q2 2026. A mix of widening trade deficits and weak…

Economic Shrinkage Demands Immediate End to ‘Incremental’ Reform, Warns DA Leader

CAPE TOWN — Fresh economic indicators confirming a contraction in South Africa’s Gross Domestic Product (GDP) have ignited a fierce…