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South Africa is a middle-income emerging market with an abundant supply of natural resources; well-developed financial, legal, communications, energy, and transport sectors; and a stock exchange that ...
News South Africa » Economy: IMF: AI could lift Sub-Saharan Africa’s economy by 4% over next decade
Sub-Saharan Africa could boost its economy by about 4% over the next decade through artificial intelligence, a new International Monetary Fund paper has found.
News South Africa » Economy: AI could lift Sub-Saharan Africa economy 4% if power, internet improve, IMF says
By Colleen Goko JOHANNESBURG, July 21 (Reuters) - Artificial intelligence could boost Sub-Saharan Africa's economy by about 4% over the next decade with better electricity supply, internet access and ...
News South Africa » Economy: South Africa’s newfound economic resilience
The renewed conflict in the Middle East has once again placed geopolitical risk firmly back on the global agenda and through it all, the resilience shown by the South African economy has been ...
News South Africa » Economy: World Bank approves $1.5 billion loan to help South Africa upgrade infrastructure and grow jobs
SA secured a $1.5 billion World Bank loan to upgrade infrastructure, with reforms in electricity and transport expected to create nearly 600,000 jobs by 2032.
News South Africa » Economy: Fleeing Migrants Leave Hard-to-Fill Gap in South Africa’s Moribund Economy
A South African app that links households with domestic workers is reeling, delivery drivers are fleeing, and a key textile hub has lost workers as anti-migrant protests push tens of thousands of ...
News South Africa » Economy: The woman who makes R720,000 braaiing chicken pieces in one of South Africa’s most populated townships
A woman and her husband have built a thriving small business in Diepsloot, Johannesburg, by serving braaied chicken, steak and pap to local residents.
News South Africa » Economy: Nigerian migrants returning from South Africa face the same economic issues they left behind
Nigerians repatriated from South Africa following a series of anti-migrant marches and reported attacks on some foreign nationals are struggling to settle into a new life back home.