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    South African economy

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    • Monday, 20 March, 2023
      South Africa
      South African military deployed to prevent planned national shutdown

      Country’s radical opposition struggles to muster large numbers after calling for a day of protest

    • Tuesday, 7 March, 2023
      South Africa GDP shrinks 1.3% after power cuts strangle economy

      State of disaster declared as rolling blackouts cost $50mn a day, says central bank

    • Monday, 6 March, 2023
      South Africa
      Ramaphosa names new electricity minister in battle to beat power cuts

      Ramokgopa appointment comes after Eskom crisis causes outages of up to 12 hours a day

    • Sunday, 26 February, 2023
      News in-depthSouth Africa
      Eskom chief’s explosive interview exposes the ANC’s rotten core

      Rising frustration over pervasive corruption risks hurting South Africa’s ruling party at the polls

    • Wednesday, 22 February, 2023
      Eskom Holdings SOC Ltd
      South Africa expands public borrowing to relieve Eskom debt

      Finance minister says Pretoria will provide state power group with $14bn as rolling blackouts worsen

    • Thursday, 9 February, 2023
      South Africa declares ‘national state of disaster’ over blackouts

      President says rolling power cuts ‘an existential threat to our economy and our social fabric’

    • Monday, 6 February, 2023
      Anglo American PLC
      Anglo American chief sounds alarm on South African infrastructure

      FTSE 100 miner’s Duncan Wanblad warns country’s economy under threat from ‘scourges’ of power cuts, broken logistics and corruption

    • Sunday, 1 January, 2023
      David Pilling
      Corrupt, failing Eskom is a picture of South Africa in miniature

      Without reliable power, the country cannot generate economic growth and overcome the festering legacies of apartheid

    • Wednesday, 26 October, 2022
      South Africa
      South Africa to transfer up to two-thirds of Eskom debt to government

      Finance minister says move will ensure long-term financial viability of state electricity monopoly

    • Tuesday, 2 August, 2022
      South Africa hopes private sector can help end Eskom power crisis

      Renewable energy procurement will be increased under plan announced by president Cyril Ramaphosa

    • Monday, 25 July, 2022
      South Africa to open up power generation to tackle energy crisis

      Ramaphosa will seek private sector help and more renewable sources to deal with supply issues at state utility Eskom

    • Thursday, 21 July, 2022
      South Africa announces biggest interest rate rise in nearly 20 years

      The central bank increases cost of borrowing by three-quarters of a percentage point to tackle rising inflation

    • Tuesday, 10 May, 2022
      News in-depth
      Flash floods in ‘gateway’ port Durban add to South Africa’s economic woes

      Worst deluges in decades highlight crumbling infrastructure and exacerbate delays at flagship terminal

    • Wednesday, 23 February, 2022
      Higher commodity prices to help South Africa cut debt

      Better than expected revenues allay fears of looming debt crisis

    • Sunday, 30 January, 2022
      Tech start-ups
      Tech founders launch fund aimed at finding Africa’s next ‘unicorns’

      Klarna co-founder spearheading $200m vehicle says dearth of growth capital is holding back start-ups

    • Monday, 17 January, 2022
      The FT ViewThe editorial board
      Bain’s cautionary South African tale

      The firm cannot distance itself from its office’s alleged role in state capture

    • Sunday, 5 December, 2021
      The FT ViewThe editorial board
      South Africa is slowly edging towards a post-ANC future

      After gains in local elections, opposition needs pro-growth policies

    • Tuesday, 21 September, 2021
      South Africa
      South Africa moves closer to basic income in wake of civil unrest

      Radical step under consideration after more than 330 people died during week of violence in July

    • Tuesday, 24 August, 2021
      Pandemic pushes South African joblessness to record high

      More than a third of labour force unemployed as economists warn unrest could fuel further rise

    • Thursday, 5 August, 2021
      South Africa
      South Africa finance minister quits in Ramaphosa reshuffle

      Security and intelligence services also revamped in wake of ‘attempted insurrection’

    • Sunday, 25 July, 2021
      News in-depthSouth Africa
      South Africa counts the cost of its worst unrest since apartheid

      Hopes of economic renaissance dashed after warehouses and factories targeted for looting

    • Thursday, 10 June, 2021
      South Africa
      South Africa eases path for companies to generate power

      President Cyril Ramaphosa says country needs to liberalise energy supplies to avert ‘massive risk’ of blackouts

    • Wednesday, 16 September, 2020
      The FT ViewThe editorial board
      South Africa must break ANC taboos to lift growth

      If the pandemic is coming under control, it is time to act on the economy

    • Tuesday, 8 September, 2020
      South Africa’s economy suffers worst quarterly slide in decades

      GDP fell 16.4% in three months to June after strict Covid-19 lockdown paralysed activity

    • Tuesday, 30 June, 2020
      South Africa’s recession worsened before pandemic hit

      GDP contraction of 2 per cent in first quarter likely to be followed by further fall

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