The repurchase rate will remain unchanged at 6.75% per annum, Reserve Bank Governor Lesetja Kganyago has announced.

The property market in the Southern Suburbs has performed valiantly in the face of the political and economic uncertainty of 2017, showing solid growth in prices despite the significant drop in sales volumes.

While the South African business sector is faced with many challenges, particularly as a result of uncertainty around the future leadership of the ANC, there is significant opportunity for growth sectors of the local industry during 2018.

Standard & Poor's Global Ratings has again downgraded SA's foreign and local currency ratings by one notch each to BB and BB+ respectively.

The Coega Development Corporation has announced that a second manganese smelter is to be built at the Coega Industrial Development Zone near Port Elizabeth, to supply China, the world’s biggest steel market.

The revival of Johannesburg’s inner city has seen an escalation in the value of property, making it more difficult for government and non profit organisations to provide much needed social housing for low-income earners.

Two of the stories told in the new State of the Cities report offer rich insights into the way ordinary people live in SA’s post-apartheid cities but, at the same time, highlight the complex challenges city governments face.

VETERAN deal maker Brian Gilbertson emerged at the weekend as a potential white knight to save the $2,2bn Coega aluminium smelter project.

THE African National Congress (ANC) yesterday said it was not against foreign investors buying land for residential purposes, but called for a review of foreign owned farmland lying furlough.

Relations between SA and Angola remain tepid, despite a history of solidarity