South Africa achieved its first back-to-back primary budget surplus in 16 years, signaling its commitment to fiscal discipline.
Other
South Africa’s inflation rate was steady in May, staying below the central bank’s 3% to 6% target range as it pushes for the target to be lowered.
China has announced plans – China will negotiate and sign a new economic pact with 53 African nations, eliminating all tariffs on goods imported from those countries.
The World Bank has approved a $1.5 billion (R26 billion) loan to support structural reforms aimed at boosting South Africa’s infrastructure.
South Africa’s private sector economy shows signs of stabilization in April, signaling a positive start for Q2 growth.
South Africa’s overall consumer price inflation rate dropped to 2.7% in March from 3.2% in February.
The World Bank projects that economic growth in Sub-Saharan Africa is expected to reach 3.5% in 2025 and further accelerate to 4.3% in 2026-2027.
April 17, Kenya & Pakistan & South Africa Procurement Matchmaking Conference was successfully held in Guangzhou.
South African government places great emphasis on infrastructure construction and has invested heavily in recent years to build and upgrade key infrastructure such as roads, bridges, ports, water projects, energy, and transportation.
Africa is the second most populous continent in the world, with a total population exceeding 1.4 billion people. Young people account for up to 70% of the population, and this massive demographic brings enormous market demand. With the stabilization and […]
English 
Chinese