South Africa’s gross domestic product increased by 3.1% in the second quarter of 2019, Statistician General Risenga Maluleke revealed on Tuesday.

South Africa is likely to exit its technical recession in the third quarter, the Bureau of Economic Research (BER) said on Tuesday.

Poor GDP figures released today revealed that South Africa has entered a technical recession following two consecutive quarters of negative economic growth, heightening the country’s risk of suffering yet another credit downgrade in the second half of the year, says Citadel Chief Economist and Advisory Partner Maarten Ackerman.

Surrounded by mountains and situated at the foot of the Long Tom Pass in Mpumalanga, Lydenburg, now also known as Mashishing, is rapidly becoming a business hub servicing the surrounding communities and mining interests as far afield as Pilgrim’s Rest, Steelpoort, Burgersort, Ohrigstad and Rietfontein.

Limpopo Premier Stanley Mathabatha has set a target to grow the provincial economy by 5% by 2019.

Magaliesberg residents are dragging a property developer to court for plonking a lodge in their environmentally sensitive area.

African countries could soon have their race horses galloping in Plettenberg Bay, that's if Africa Race Estate is allowed to develop a R1.3bn track, pavilion, a five-star hotel and village in the area.

Lately, Black Economic Empowerment or BEE in short has become a hotly debated issue in Africa and Namibia is no exception. Continuous deliberations from local experts have been on how best to redress the past inequalities and assist previously disadvantaged Namibians to also benefit from the BEE cake, which is largely seen to only benefit the elite few in the country.

Cape Town - Conafex Holdings, the agriculture resource group listed on both the JSE Securities Exchange and the Luxembourg bourse, has received notice from the Zimbabwean authorities that its agricultural estates are going to be seized.

Luanda - Investment in Angola's non-oil and diamond sectors more than tripled to $185 million (R1.2 billion) last year and looked set to keep growing, the manager of the country's private investment institute said this week.