South Africa anticipates strong demand for a planned eurobond sale, citing an improved economic outlook as it considers raising $2.7 billion in global markets to meet foreign-currency commitments for the fiscal year,

South African authorities say they are planning for multiple protests by local and international activists around this weekend's Group of 20 world leaders summit in Johannesburg.

South Africa's central bank cut its main lending rate by 25 basis points to 6.75% on Thursday at the first meeting since its inflation target was lowered, easing concerns that the new target would prevent it from cutting rates.

Since the African Union (AU) became a permanent member of the G20 in 2023, and now with the summit making its historic debut in Africa, the continent is shifting its role on the world stage, moving from decades of marginalization in the global agenda to an influential voice in international affairs.

The savings on the monthly repayment on a R1m home loan (over 20-years) is now down by over R1,000 compared to mid-2024

The South African rand was subdued for most of the trading session on Tuesday as investors awaited economic data due later in the week for clues on the health of Africa's largest economy.

At the G20 Leaders' Summit in Johannesburg, South Africa is advocating for deeper partnerships in clean industrialisation and electric vehicle production, aiming to ensure that African nations benefit from the global shift towards green technologies.