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
-
The Nedbank IMC is Africa’s biggest marketing conference
-
Asia tracks global losses as stock traders step back after rally
-
Britain set for tax-cutting budget before election
-
World Bank says Kenya's economy to slow in 2024
Economy Latest News
US Fed rate cuts become question of when, not if
The US Federal Reserve is widely expected to start cutting interest rates in the coming months, as inflation edges closer to its long-run target of two percent. Futures traders now expect at least five rate cuts this year, assigning a probability of almost 90 percent to a first cut by the May interest rate decision, according to an AFP analysis of CME Group data. da/nro
Farmers vow Paris 'siege' in pay, conditions battle
Farmers in the Paris region on Saturday promised to mount a "siege" on the French capital next week to pressure the government into meeting their demands on pay, tax and regulations.
Boeing exec apologizes over MAX 9 problem, promises fixes
A top Boeing executive has apologized for the problems highlighted by the mid-flight blowout of a door plug on an Alaska Airlines flight, as two airlines began returning the troubled 737 MAX 9 planes to service. Alaska Air, a major user of the model, began returning its MAX 9 planes to service Friday, and United Airlines followed on Saturday.
McMahon resigns from WWE parent TKO after sex assault claim
WWE co-founder Vince McMahon resigned on Friday from his role as executive chairman of TKO, the parent group of the pro wrestling juggernaut, after a lawsuit accusing him of sexual misconduct. McMahon denied the allegations in a statement announcing his resignation from the board of the TKO Group, which also controls the mixed martial arts brand Ultimate Fighting Championship (UFC).
Yemen's Huthis claim attack on British oil tanker
Yemen's Huthis claimed Friday a missile strike on a British oil tanker in the Gulf of Aden that set the vessel on fire, the latest attack on international shipping by the Iran-backed rebels. Risk monitor Ambrey said a missile strike southeast of the Yemeni port of Aden set a merchant ship on fire.
UK facing Brexit realities after failed Canada talks
The UK's failed free trade talks with Canada show that it is struggling to deliver on its promises to thrive after Brexit, experts said on Friday. - Unrealistic - King's College London economist Jonathan Portes talked down the direct impact on UK trade, given that Canada is not one of the UK's biggest trading partners.
Climate crisis prompts Biden to halt new gas export facilities
The United States, which ships more liquefied natural gas (LNG) than any other country, is hitting pause on new export facilities, the Biden administration announced Friday in a step hailed as vital to tackling the climate crisis.
Farmers vow to besiege Paris to win govt concessions
France's top farmers' union on Friday announced plans to blockade major roads around Paris, upping the pressure on the government to respond to their demands on pay, tax and regulations. Five toll stations on major road arteries into Paris would be blocked from 2:00 pm (1300 GMT), farmers' union FNSEA told AFP, including on the A6 and A13 motorways.
Israel's El Al says scrapping S. Africa flights end March
Israeli flag carrier El Al said Friday it will scrap direct flights to South Africa following "a significant fall in demand by Israeli travellers" to the country and other destinations. Scores of international airlines have suspended Tel Aviv flights since the eruption of the Israel-Hamas war on October 7, while many countries have warned their nationals against travelling to Israel.
Economy
Load more