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
-
Britain set for tax-cutting budget before election
-
How the Israel-Iran war is hitting South Africans in the pocket
-
Commercial spaceship set for lunar touchdown, in test for US industry
Economy Latest News
Tesla sees slower 2024 volume growth as earnings miss estimates
Tesla reported lower fourth-quarter operating profits despite higher revenues Wednesday, following a series of auto price cuts as Elon Musk's electric vehicle giant warned of slower volume growth in 2024. Shares of Tesla fell after the company's earnings per share and revenues both missed analysts expectations in the fourth quarter, and it offered a sobering outlook for 2024 auto volumes.
Brazil town still feels trauma of mine dam collapse five years on
Nathalia de Oliveira, an intern at Brazilian mining giant Vale in the town of Brumadinho, was talking on the phone with her husband when she noticed a rush of birds overhead and felt the ground shake. Little remains of the once bustling neighborhoods around the mine in Brumadinho, an iron-belt town of 40,000 people.
Spurs tycoon Lewis pleads guilty to insider trading: prosecutor
The billionaire British former owner of Premier League side Tottenham Hotspur, Joe Lewis, pleaded guilty to insider trading in a US federal court on Wednesday, a prosecutor said. His holding company ENIC bought a controlling interest in Tottenham Hotspur Football Club in 2001 from then-owner Alan Sugar, another prominent British tycoon, for $22 million.
Biden wins US auto union backing, in boost against Trump
US President Joe Biden won the coveted election endorsement of America's biggest car workers union Wednesday, in a major boost to his battle with Donald Trump for the crucial blue-collar vote. Democrat Biden has relentlessly courted the union vote and appeared on a United Auto Workers (UAW) picket line last year during a strike against the big three US car giants.
EU rules have failed to cut car C02 emissions: report
Bigger, more-powerful cars have negated the impact of tighter CO2 emissions regulations in the EU, a report by the bloc's internal auditor found Thursday.
Sobering news: French winemakers go teetotal
Orders for Coralie de Bouard's alcohol-free red wine have been gushing in since the Qatari owners of Paris Saint-Germain football club asked her to come up with a teetotal tipple for them.
Canada central bank holds key lending rate at 5%
The Bank of Canada on Wednesday held its key lending rate at five percent for the fourth time in a row, saying it remains concerned about stubbornly high inflation. Its course, Shenfeld added, "has shifted from a discussion of whether rates are high enough to one about how long they need to keep rates at 5 percent.
UAE sued in $2.8bn US lawsuit over 'dark PR' disinformation op
The United Arab Emirates and its powerful ruler were sued in a Washington court Wednesday, accused of bankrolling a "dark public relations" operation that falsely linked an American oil trader to terrorist financing.
Polish farmers protest against 'uncontrolled' Ukraine imports
Polish farmers on Wednesday put up nationwide road blockades to protest against Ukrainian farm imports which they said were undermining their revenues. Farmers launched over 160 road protests with tractors and farm machinery, blocking or slowing traffic as they beeped horns and waved Polish flags.
Economy
Load more