A Magaliesburg farmer faces R1.9 million losses due to the foot-and-mouth disease outbreak, impacting milk production as government vaccinations roll out.
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South African businesses struggle: Over than 1,500 closures in 2025
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V&A Waterfront generated over R30 million every day in 2025
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Dr. Kenneth Creamer discusses the Supreme Court’s ruling on South African exports
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Angry Polish farmers protest EU rules, Ukraine farm imports
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Deutsche Bahn and train drivers reach deal in wage dispute
Economy Latest News
Falling UK energy bills grab election spotlight
Britain's energy regulator on Friday announced a fall in household bills from July, catapulting a key cost-of-living issue into the second day of general election campaigning. The announcement comes two days after Prime Minister Rishi Sunak fired the starting gun on a July 4 general election -- with his governing Conservatives far behind the main opposition Labour party in opinion polls.
Norway struggles to keep ultra-rich tempted by exile
You can check out -- but you still have to pay! To pay a wealth tax which can exceed their yearly income, entrepreneurs often need to take out dividends, hampering their company's capacity to invest.
Asian markets fall after US data dent rate cut hopes
Markets fell in Asia on Friday, tracking a sell-off on Wall Street sparked by a string of better-than-expected US data that added to worries the Federal Reserve will hold off on cutting interest rates this year. But she added that "at this stage, we expect the BoJ to wait until around October before increasing interest rates again".
Japan inflation slows to 2.2% in April
The pace of Japanese inflation slowed in April to 2.2 percent as gas bills fell, government data showed Friday, with the figure remaining above the Bank of Japan's two percent target.
Kenyan president warns debt clouds Africa climate potential
Africa's vast potential in the global fight against climate change is at risk due to the heavy burden of debt and lack of international investment, Kenyan President William Ruto said Thursday. "Africa's role in addressing climate change is not guaranteed and nobody should take it for granted," Ruto said at Johns Hopkins University's School of Advanced International Studies.
French media progress against X in legal battle over payments
A Paris court ruled Thursday that X needed to provide French media with information about how much money it makes from publishing their content as part of a legal battle over rights payments.
Argentina's Milei sings hard rock at book launch
In a tie and leather jacket, Argentina's President Javier Milei rocked out in front of thousands of fans during the launch of his latest economics book in Buenos Aires Wednesday night. Then, in another twist, he launched into a lengthy lecture from his 13th book "Capitalism, Socialism and the Neoclassical Trap."
AI relies on mass surveillance, warns Signal boss
The AI tools that crunch numbers, generate text and videos and find patterns in data rely on mass surveillance and exercise concerning control over our lives, the boss of encrypted messaging app Signal told AFP on Thursday. "The AI technologies we're talking about today are reliant on mass surveillance," she said.
Boeing shares tumble as company lowers 2024 cash forecast
Boeing shares were hammered Thursday after a top company official predicted another quarter of meager plane deliveries, likely resulting in negative cash for all of 2024. But on Thursday, West withdrew that forecast, indicating the company would likely have negative cash generation for the year.
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