The Markets Ledger

SA braces for anti-immigrant shutdown on 30 June

Determined to avoid a repeat of the July 2021 riots that claimed 350 lives and caused damage estimated at R50 billion, government says it is better prepared for the planned protests on Tuesday led by anti-immigrant groups like March and March, which has issued an ultimatum for illegal immigrants to leave the country by 30 June.

SA moves closer to rare earth processing hub

South Africa has taken a significant step towards establishing a domestic rare earth processing industry after Steenkampskraal Monazite Mine (SMM) and Mintek successfully produced high-purity mixed rare earth products at laboratory scale.

Ramaphosa taps former treasury budget chief as economic advisor

South African President Cyril Ramaphosa has appointed former National Treasury budget chief Michael Sachs as his economic advisor, bringing a respected fiscal policy technocrat back into the government as the country seeks to accelerate growth and deepen economic reforms.