Top stories

Bond markets push up South Africa’s debt costs

By , based on Businessday

Bond markets push up South Africa’s debt costsHenk Viljoen · CC BY-SA 4.0

Rising global bond yields and persistent inflation are increasing public borrowing costs in South Africa, which is already exposed to high oil prices and geopolitical tensions. Izak Odendaal of Old Mutual Wealth explains the risks to South Africa’s public finances in an interview with Business Day TV.

Rising global bond yields and persistent inflation are increasing South Africa’s borrowing costs, while the country faces rising oil prices and geopolitical uncertainty. Business Day TV discussed the risks to public finances with Izak Odendaal, an investment strategist at Old Mutual Wealth, Business Day reports.

The programme was broadcast on 21 October 2026. On the same day, South Africa lowered its 2026 growth forecast to 1.2%, according to an earlier Business Day article.

Summary produced with the help of artificial intelligence tools, under AFREEQUE’s editorial responsibility.

Share this article

Related stories

South Africa cuts 2026 growth forecast to 1.2%

South Africa’s Treasury has cut its 2026 growth forecast to 1.2%, from 1.6% in February, Finance Minister Enoch Godongwana announced. The revision was presented in the medium-term budget policy statement, while economists interviewed by Business Day TV discussed its implications for the economy and public finances.

🇿🇦 South Africa · Source: Businessday ·

91-day Treasury bills attract investors amid inflation

Investors have favoured 91-day Treasury bills at at least two recent auctions, anticipating a rise in interest rates as inflationary pressures return. This preference for short-term securities limits how long funds are tied up, Business Daily reports.

🇬🇭 Ghana · Source: Business Daily ·

Guinea launches 2026–2030 public finance reform programme

Guinea’s Minister of Economy, Finance and Budget, Mariama Ciré Sylla, has presented the priorities of the PREFIP 2026–2030 public finance reform programme. The plan aims in particular to increase domestic revenues, improve the quality of spending and measure the results of reforms, according to Guinee360.

🇬🇳 Guinea · Source: Guinee360 ·

Durban clinic short of HIV and tuberculosis medicines

The Usizo Lwethu Sibaya clinic in Durban is struggling to provide HIV and tuberculosis treatment to a growing number of foreign patients who have lost access to public healthcare. The Denis Hurley Centre says its monthly spending on medicines has risen tenfold, from 10,000 to about 100,000 rand, according to the Daily Maverick.

🇿🇦 South Africa · Source: Daily Maverick ·

🇿🇦 Latest from South Africa

South Africa cuts fuel levy until January 2027South Africa cuts fuel levy until January 2027South African Finance Minister Enoch Godongwana announced a temporary cut in the fuel levy to reduce petrol and diesel prices until January 2027. His budget also provides several allocations, including 3.8 billion rand to strengthen social services tackling gender-based violence, according to the Daily Maverick.All South Africa news →

Business in Southern Africa

Map: Chinsali, ZambiaChinsali council consults businesses on 2027 budgetChinsali Municipal Council in Zambia consulted local businesses to prepare its 2027 budget and gather project proposals for the district. Participants suggested bins, a transit bus station and work on municipal facilities, according to a council statement carried by ZANIS.All Business news →

The week in Africa

This week’s highlights

  1. Sisi asks Egyptian parliament to approve military aid to Riyadh🇪🇬 Egypt
  2. More than 220 killed in drone strikes blamed on Sudanese army in Abyei🇸🇩 Sudan
  3. Dangote announces $50 billion investment in Africa🇰🇪 Kenya
  4. Nigeria traces contacts linked to its only Ebola case🇳🇬 Nigeria
  5. Dakar 2026 YOG: 6,000 volunteers collect their equipment🇸🇳 Senegal
All of this week’s highlights →

Africa in your inbox

Be the first to get our letter in English: the essentials from every region of the continent, free.

← Back to the news