Section · Nº 10 of 10
Business.
Macroeconomics, monetary policy, JSE-listed companies and the South African founders, deals and policy decisions that move the rand.
4 stories in this section
Money Out
Where South Africa's money is going — and why
An estimated R340 billion left South Africa in private capital outflows in 2025. The individuals and companies relocating savings are not criminals or pessimists — they are rational actors responding to structural signals that the government cannot afford to ignore.
New Ownership
BEE 2.0: the startup rewriting the rules
The original Black Economic Empowerment framework enriched a narrow elite. A new generation of founders, investors, and policy thinkers is building something different — broader, faster, and less reliant on the structures of the past.
Rate Watch
The SARB governor who finally blinked
Three consecutive interest rate cuts in nine months. Lesetja Kganyago, the South African Reserve Bank's longest-serving governor, explains the decision — and why he believes the country's inflation anchor remains intact.