South Africa ranked 54th in the 2026 IMD World Competitiveness Ranking, moving up 10 places and overtaking Kenya to become the most competitive economy in Africa
Economy
Most viewed
Popular
-
JustMarkets Great Anniversary Contest is LIVE: $50K+ in Prizes & Gold Bars for Top Traders
-
New farmer show of force as EU ministers tackle red tape
-
Poland, Ukraine hold talks on farm imports dispute
-
Boeing CEO to address safety at US Senate hearing
-
Liftoff, finally: Boeing Starliner launches first crew to space station
Economy Latest News
Chinese appetite for Australian barley is back
Three years after steep Chinese tariffs halted imports of Australian barley as tensions between the two countries ratcheted higher, the grain is once again flowing freely. In response, Beijing slapped high tariffs on key Australian exports, including barley, beef and wine, while halting its coal imports.
Spanish PM appoints new economy minister
Spanish Prime Minister Pedro Sanchez on Friday appointed Carlos Cuerpo, the head of the treasury, to be his new economy minister. Little known in Spain, Cuerpo worked closely with Calvino, 55, who served as economy minister since Sanchez came to power in 2018.
Venezuela oil giant says 80 percent of oil spill cleaned up
Venezuela's state oil company said Thursday that an oil spill at a refinery on the country's western coastline was no longer "active" and that more than 80 percent of the affected area had been cleaned up. The last oil spill recorded in the area was in July 2020, when waste from the same refinery flowed into the sea.
China's Huawei says expects revenue up almost nine percent in 2023
Chinese tech giant Huawei said Friday it "weathered the storm" of US sanctions as it announced a rise of almost nine percent in revenues in 2023, a year that saw it shock Washington with the release of a high-end smartphone. "After years of hard work, we managed to weather the storm," rotating chairman Ken Hu said in New Year's remarks released Friday.
Asian stocks open year's last trading day cautiously
Asian stocks opened cautiously on Friday, largely continuing an end-of-year rally that has been boosted by investors' expectations of a US Federal Reserve rate cut as early as March.
Legal battles loom as first Mickey Mouse copyright ends
Almost a century after his big-screen debut, Mickey Mouse enters the public domain Monday, opening the floodgates to potential remakes, spin-offs, adaptations... and legal battles with Disney. Anybody using the classic image of Mickey at the helm of the boat on shirts, caps or mugs could be open to legal action, he said.
Swiss to vote on foie gras, fur imports
The Swiss will decide whether to ban foie gras and fur imports after campaigners on Thursday handed in enough signatures to trigger a public vote on the twin issues. The popular initiative on foie gras collected 106,448 signatures, while the one on fur attracted 116,140 -- both above the 100,000 threshold required to trigger a national vote.
South African wine industry struggles amid global production decline
The South African wine industry is grappling with challenges and faces the issue of a global production decline. Various factors are putting pressure on the sector.
Guinea's economy struggles after fuel depot fire
Almost two weeks after a huge fire in Guinea's main fuel depot brought death and destruction, anger is growing as the economy is reeling, with inflation rising, petrol rationed and no trucks moving merchandise. Merchandise trucks sit idled at the foot of buildings.
Economy
Load more