africa

South Africa Retail Sales MoM

Retail Sales in South Africa increased 0.90 percent in January of 2020 over the previous month. Retail Sales MoM in South Africa averaged 0.33 percent from 2002 until 2020, reaching an all time high of 3.90 percent in April of 2011 and a record low of -4.80 percent in December of 2018. In South Africa, the Retail sales report provides an aggregated measure of sales of retail goods and services over a specific time period. In South Africa, Retail sales are seasonal, volatile and relatively important to the overall economy. This page provides - South Africa Retail Sales MoM - actual values, historical data, forecast, chart, statistics, economic calendar and news.




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China Imports from South Africa

Imports from South Africa in China decreased to 1363100 USD THO in April from 1783900 USD THO in March of 2020. Imports from South Africa in China averaged 2370176.78 USD THO from 2014 until 2020, reaching an all time high of 5554385 USD THO in November of 2014 and a record low of 988132 USD THO in February of 2016. This page includes a chart with historical data for China Imports - South Africa.




africa

China Imports from Africa

Imports from Africa in China decreased to 5196700 USD THO in April from 6923200 USD THO in March of 2020. Imports from Africa in China averaged 7125580.66 USD THO from 2014 until 2020, reaching an all time high of 14854900 USD THO in July of 2019 and a record low of 3714607 USD THO in February of 2016. This page includes a chart with historical data for China Imports From Africa.




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China Exports to South Africa

Exports to South Africa in China increased to 1095400 USD THO in April from 1052700 USD THO in March of 2020. Exports to South Africa in China averaged 1283151.76 USD THO from 2014 until 2020, reaching an all time high of 1880500 USD THO in February of 2020 and a record low of 599790 USD THO in February of 2014. This page includes a chart with historical data for China Exports - South Africa.




africa

China Exports to Africa

Exports to Africa in China increased to 8728400 USD THO in April from 7725000 USD THO in March of 2020. Exports to Africa in China averaged 8763922.58 USD THO from 2014 until 2020, reaching an all time high of 14228100 USD THO in July of 2019 and a record low of 4098067 USD THO in February of 2014. This page includes a chart with historical data for China Exports To Africa.




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South Africa Central Bank Balance Sheet

Central Bank Balance Sheet in South Africa increased to 1066023 ZAR Million in April from 1061216 ZAR Million in March of 2020. Central Bank Balance Sheet in South Africa averaged 152362.67 ZAR Million from 1964 until 2020, reaching an all time high of 1066023 ZAR Million in April of 2020 and a record low of 543 ZAR Million in October of 1965. This page provides - South Africa Central Bank Balance Sheet - actual values, historical data, forecast, chart, statistics, economic calendar and news.




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South Africa Changes in Inventories

The stocks of goods held by firms in South Africa decreased by 40330 ZAR Million in the fourth quarter of 2019. Changes in Inventories in South Africa averaged 6936.62 ZAR Million from 1960 until 2019, reaching an all time high of 66699 ZAR Million in the first quarter of 2015 and a record low of -59774 ZAR Million in the third quarter of 1979. In South Africa, changes in inventories are often a leading indicator for the overall performance of the economy. This page provides - South Africa Changes in Inventories - actual values, historical data, forecast, chart, statistics, economic calendar and news.




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South Africa Three Month Interbank Rate

South Africa Three Month Interbank Rate was at 4.54 percent on Friday May 8. Interbank Rate in South Africa averaged 8.15 percent from 1999 until 2020, reaching an all time high of 16.96 percent in February of 1999 and a record low of 4.54 percent in May of 2020. In South Africa, the interbank rate is the rate of interest charged on short-term loans made between banks. This page provides - South Africa Interbank Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.




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South Africa Food Inflation

Cost of food in South Africa increased 4.40 percent in March of 2020 over the same month in the previous year. Food Inflation in South Africa averaged 6.17 percent from 2009 until 2020, reaching an all time high of 15.60 percent in February of 2009 and a record low of 0.60 percent in June of 2010. This page provides the latest reported value for - South Africa Food Inflation - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.




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South Africa Interest Rate

The benchmark interest rate in South Africa was last recorded at 4.25 percent. Interest Rate in South Africa averaged 12.38 percent from 1998 until 2020, reaching an all time high of 23.99 percent in June of 1998 and a record low of 4.25 percent in April of 2020. In South Africa, the interest rates decisions are taken by the South African Reserve Bank’s Monetary Policy Committee (MPC). The official interest rate is the repo rate. This is the rate at which central banks lend or discount eligible paper for deposit money banks, typically shown on an end-of-period basis. This page provides - South Africa Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.




africa

Central African Republic Interest Rate

The benchmark interest rate in Central African Republic was last recorded at 3.25 percent. Interest Rate in Central African Republic averaged 3.40 percent from 2009 until 2020, reaching an all time high of 4.25 percent in July of 2009 and a record low of 2.45 percent in July of 2015. Central African Republic is a member of the Economic and Monetary Community of Central Africa (CEMAC). In CEMAC, interest rates decisions are taken by the Bank of Central African States’ Monetary Policy Committee. The Bank of Central African States’ official rate is the prime lending rate. This page provides - Central African Republic Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.




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South Africa graft inquiry exposes ANC divisions

The judicial inquiry into alleged graft under the presidency of Jacob Zuma is laying bare the divisions of the ruling ANC. Gideon Rachman discusses Mr Zuma's testimony with Joseph Cotterill in Johannesburg and David Pilling, Africa editor.

 

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African nations move swiftly to head off coronavirus spread

Fears over health systems prompt states to take early preventive measures




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Officials warn Africa is at ‘break the glass’ moment

Urgent action needed to avoid human and economic catastrophe




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What coronavirus will mean for Africa

The continent is facing an humanitarian and economic catastrophe, reports David Pilling




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Senior Africans propose ‘standstill’ on eurobond debt payments

Tidjane Thiam lends voice to call for private sector to join debt moratorium 




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France to reallocate Africa aid money for fight against coronavirus 

Macron also backs calls for debt relief as he seeks to be seen as champion of continent’s interests




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China-Africa relations rocked by alleged racism over Covid-19

Africans in Guangzhou evicted from hotels and had passports confiscated, officials say




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South Africa’s central bank slashes rates to post-apartheid low

Reduction is second in under a month as country braces for an extended coronavirus lockdown




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Only victory in Africa can end the pandemic everywhere

World leaders call for an urgent debt moratorium and unprecedented health and economic aid packages




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Africa’s scientists learn from past epidemics to fight Covid-19

Experience with other outbreaks could compensate for poor healthcare infrastructure




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Why we should be selfish and provide Africa debt relief

These governments desperately need financial breathing space to fight the pandemic




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Africa could take ‘a generation’ to recover from coronavirus, says Kagame 

Rwanda’s president says continent needs at least $100bn in foreign support to weather shock




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Default at South Africa’s Land Bank increases pressure on Ramaphosa

Century-old agriculture lender is latest state group in need of government support




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South Africa unveils $26bn stimulus and taps IMF for first time

Coronavirus package aims to protect economy and fend off looming hunger crisis




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South Africa discusses lifting lockdown sector by sector

Ramaphosa administration wants phased reopening to limit damage to struggling economy




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Ramaphosa prepares to reopen South African economy gradually

Five-week shutdown to be eased stage by stage according to a series of rolling levels  




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‘Locust-19’ set to ravage crops across east Africa

Second wave of swarms expected just as farmers battle fallout from coronavirus




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Low Covid-19 death toll raises hopes Africa may be spared worst

Continent has limited confirmed virus fatalities but experts warn it is too early to draw conclusions




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Africa’s Covid-19 response is a glimpse of how things could be different

Leaders acted swiftly as they watched richer countries’ health systems crumple




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South Africa’s mass screening helps stem the coronavirus tide

Use of community health workers to identify cases draws heavily on experience battling tuberculosis and HIV




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Africa's most valuable company comes to Europe

Naspers, a publisher once condemned as a mouthpiece of the apartheid regime in South Africa, has quietly become one of the world’s biggest internet investors thanks to a stake in China’s Tencent. On 11 September it will list its global internet assets on the Amsterdam bourse, becoming Europe's biggest consumer internet company overnight. Arash Massoudi discusses how it got there with Joseph Cotterill in Johannesburg.


Contributors: Arash Massoudi, corporate finance and deals editor, and Joseph Cotterill, Southern Africa correspondent. Producer: Fiona Symon

 

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Vested interests are dragging South Africa down

Cyril Ramaphosa will be loath to take on the people who helped him to the ANC presidency




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South African Airways close to collapse

State-owned flag carrier struggling to pay salaries and secure funds to stay aloft




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South African Airways seeks bankruptcy protection

First state company to enter business rescue since end of apartheid




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African entrepreneurs pitch to Alibaba founder Jack Ma

Business contestants battle for $1m prize money in glitzy televised extravaganza




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South Africa to impose its biggest rolling power blackouts

Eskom will remove 6,000 megawatts of demand to avert total collapse of national grid




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South Africa’s miners shut down by power cuts

State utility Eskom removed power to stave off grid collapse




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Visa in partnership with MFS Africa digital payments hub

Tie-up aims to allow people with mobile wallets to pay for international online services




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Vodafone targets Africa’s unbanked with plans for M-Pesa

Telecoms group seeks to turn mobile payments unit into provider of wider services




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South African Airways suspends some flights to save cash

State-backed carrier starts cancelling flights as vital government funding is delayed




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South African miners applaud move to cut reliance on Eskom power

Pretoria has waived rules that prevented mining groups generating electricity for their own use




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AngloGold sells world’s deepest gold mine in South Africa exit

Move could pave way for company to shift primary listing to London




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Anglo American ‘encouraged’ by South African move to loosen currency controls

Restrictions have hampered miner’s ability to move money out of the country




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Sasol plans South Africa’s biggest rights issue in decades

Petrochemicals group to launch sale of up to $2bn in shares as part of debt reduction push




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African health officials warn of chronic medical shortages

Central African Republic has just three ventilators for its 5m people




africa

Africa Roundup: Visa connects to M-Pesa, Flutterwave enters e-commerce

It seems the demand for Safaricom’s M-Pesa payment product never eases. Since its 2007 launch in Kenya, the fintech app has commanded over 70% of the mobile money market in that country. When COVID-19 hit the East African nation of 53 million in March, the Kenyan Central Bank turned to M-Pesa as a public health […]




africa

Rwanda’s Not-So-Improbable Ambition To Be A Startup Hub of Africa

It’s an odd feeling to come from California, one of the world’s most prodigious economies where the infrastructure and public systems are simultaneously falling apart in plain view, and arrive in the tiny, landlocked East African country of Rwanda. The first thing you notice is how exceptionally clean the streets of Kigali appear. That’s because of a ban on non-biodegradable […]




africa

Africa Roundup: Nigerian fintech gets $360M, mints unicorn, draws Chinese VC

November 2019 could mark when Nigeria (arguably) became Africa’s unofficial capital for fintech investment and digital finance startups. The month saw $360 million invested in Nigerian-focused payment ventures. That is equivalent to roughly one-third of all the startup VC raised for the entire continent in 2018, according to Partech stats. A notable trend-within-the-trend is that […]




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Emma Watson reunites with Harry Potter co-star and onetime crush Tom Felton in South Africa

They were catapulted to fame almost 20 years ago when, as young children, they were cast as Hermione Granger and villain Draco Malfoy in the Harry Potter films.