Chief Economist Goolam Ballim. 2 minutes Standard Bank has generally shown confidence in the Government of National Unity (GNU) ahead of Finance Minister Enoch Godongwana’s 2025 Budget Policy Statement in Cape Town this afternoon. In his 2024 Burdget speech, Finance Minister Enoch Gongwana cited that the South African economy remains severely constrained, plagued by infrastructure…
Nafiz Modack in the dock 2 minutes Alleged underworld figure, Nafiz Modack says he is not behind the murders and attempted murders he has been charged with. Modack is on trial in the Western Cape High Court along with 14 others and is charged with the murder of Nico Heerschap, the father of a former…
Kenyan workers check clothes made for export at the United Aryan Export Processing Zone (EPZ) factory, operating under the U.S. African Growth and Opportunity Act (AGOA), in Ruaraka district of Nairobi, Kenya October 26, 2023. 2 minutes Four Republican Members of Congress have written a letter to US President Donald Trump arguing for South Africa’s…
GNT bus at a depot 2 minutes Limpopo government bus-owned company, Great North Transport (GNT) has closed over 200 routes due to financial problems. The bus company has lost over R300 million in the past five years. Hundreds of commuters have been left without reliable transport. The affected routes span multiple areas throughout the province,…
2 minutes The official unemployment rate has decreased to 31.9% in the fourth quarter of 2024. This is due to an increase in employment and a decrease in unemployment in the same period. According to Statistics South Africa (Stats SA), employment gains were observed in the formal sector, the informal sector and private households, while…
Vehicles seen on a wet road 1 minute The City of Tshwane’s Emergency Services Department says the inclement weather conditions are expected to carry on until at least Wednesday. This follows the South African Weather Services level five warning of severe thunderstorms. Tshwane Emergency Services added that the impact of severe disruptive rain may include…
An area almost completely dark 3 minutes Minister of Electricity and Energy Dr. Kgosientsho Ramokgopa says the main reason why load reduction is more prominent in areas around townships and informal settlements, is directly attributed to the high number of illegal connections, which is putting severe strain on the electricity grid. Ramokgopa was speaking at…
Tax-related items seen on a table 1 minute Some political parties in Parliament want Finance Minister Enoch Godongwana to commit to economic growth when he delivers his Budget Speech on Wednesday. They want the budget to mark a turning point for the economy and also focus on debt containment and are against increases in taxes….
Entrance to the nightclub in Pretoria 4 minutes Patrons and the public have expressed shock following graphic videos that appear to show young men being assaulted and sexually violated at the Zanzou club in Hatfield, Pretoria. This follows a video reportedly showing the extremely violent assault of young patrons in 2023. Three of the victims,…
Tourists hiking in Mossel Bay 1 minute Mossel Bay in the Western Cape has emerged as one of the most popular tourist destinations in the country. Five other Garden Route towns also made it to the top 10. Adding to this accolade was the better-than-expected festive season, which boosted the local economy and saw a…
