Dollar drifts as traders await Trump tariff clarity

US bank note. 2 minutes The dollar drifted just below a three-week high versus major peers on Monday as traders cautiously awaited clarity on US President Donald Trump’s next round of tariffs. The euro rose slightly following three straight sessions of declines, while the yen edged lower against the greenback, pressured by a rise in US…

Read More

IFP leader clarifies party’s stance on VAT increase

1 minute Inkatha Freedom Party (IFP) leader Velenkosini Hlabisa has clarified the party’s acceptance of the half percentage point VAT increase proposed in Finance Minister Enoch Godongwana’s budget speech. Parliament is yet to vote on the budget. Speaking to SABC political editor Mzwandile Mbeje at the party’s 50th birthday celebrations in Ulundi, Hlabisa says although the…

Read More

GNU has helped change how IFP is perceived, says Hlabisa

Inkatha Freedom Party president, Velenkosini Hlabisa. 2 minutes Inkatha Freedom Party (IFP) leader Velenkosini Hlabisa says the Government of National Unity (GNU) has helped change how the party is perceived by the broader South African electorate. Hlabisa was speaking to the SABC at the IFP’s 50th Anniversary celebrations in Ulundi, KwaZulu-Natal, at the weekend. Hlabisa,…

Read More

Govt. maximising efforts to eradicate TB: Mashatile

Deputy Minister Paul Mashatile speaking at a government event. 1 minute Deputy President Paul Mashatile, who chairs the South African National Aids Council, says the government is maximising efforts to defeat Tuberculosis. Mashatile was delivering the keynote address at a World TB Day commemorative event at Gamalakhe in Port Shepstone in KwaZulu-Natal. He said South…

Read More

Minister warns of rail, port challenges due to funding shortages

3 minutes Transport Minister Barbara Creecy says the country’s rail and port infrastructure faces substantial challenges such as theft and vandalism and operational inefficiencies. She says these are exacerbated by the limited state resources to fund infrastructure development and address backlogs. Creecy says after the department and Transnet received unsolicited proposals from the private sector…

Read More

Teacher union not optimistic about NC Budget Speech

Students attending school. 1 minute Teacher union, Suid-Afrikaanse Onderwysers Unie (SAOU) in the Northern Cape, says it’s not optimistic about the budget speech that will be tabled. MEC for Finance, Economic Development, and Tourism, Venus Blennies-Magage will table the provincial on Tuesday. In 2024, education received R25 billion. The union’s Chairperson Brand Henk believes the…

Read More