Stats SAIn the news
SARB Governor Lesetja Kganyago. File picture: Simphiwe Mbokazi
INTEREST RATE

Brace yourself, South Africa: a rate hike could be on the cards this week

Economists unpack the forces that could shape the Reserve Bank’s interest rate decision.

  • Ashley Lechman
6 min read
South Africa’s GDP contracted by 0.2% in the second quarter of 2026, while July mining production fell sharply. Manufacturing showed a modest recovery, but business confidence slipped to 38 in the third quarter as pressure on the economy persisted.
GDP

Sunday's economic review: Growth slows as mining slump deepens

South Africa's economy just shrank. Is worse still coming? We review the week that was.

  • Ashley Lechman
  • Yogashen Pillay
5 min read
Amid escalating cost-of-living pressures, advocacy groups and political parties are urging government to overhaul the national electricity pricing framework.
ELECTRICITY

Electricity pricing policy review sparks call for VAT relief

As government reviews the pricing framework, advocates call for measures to ease the burden on consumers.

  • Edward West
5 min read