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Experts urge financial literacy in schools

2 minutes Personal finance experts say early financial education is essential, as only 49% of South Africans are reportedly financially literate. According to the Financial Sector Conduct Authority, nearly half of the population lacks a basic understanding of money management. FNB’s consumer education data shows that many South Africans need easy-to-understand financial education. The data…

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SA’s economy held back by structural inefficiencies: Ramaphosa

President Cyril Ramaphosa delivers the opening address at a government function. 2 minutes President Cyril Ramaphosa says South Africa’s economy continues to be held back by structural and regulatory inefficiencies. He says the country must grow faster to create necessary employment and needs to achieve prosperity. Ramaphosa says Finance Minister Enoch Godongwana’s national budget will…

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Moody’s cuts SA’s 2025 GDP growth forecast to 1.5%

2 minutes Moody’s has revised its GDP growth forecast for South Africa downward to 1.5% for 2025, down from its earlier projection of 1.7%. The credit rating agency attributed the revision to global policy uncertainty and escalating trade tensions, which have prompted downward adjustments to growth forecasts worldwide. Global credit rating agency Moody’s has revised…

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Sombre mood at Constable Senoge’s funeral

SAPS bids farewell to Constable Boipelo Senoge. 1 minute The mood is sombre at the Anglican Church at Rocklands in Bloemfontein where friends, family and colleagues of Constable Boipelo Senoge have converged for her funeral service. Police Minister Senzo Mchunu and the National Police Commissioner General Fannie Masemola as well as Free State Premier Maqueen…

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KZN addressing the issue of non-payment of service providers: Ntuli

KwaZulu-Natal Premier Thami Ntuli speaks during a government function. 2 minutes The KwaZulu-Natal government says it is addressing the issue of service providers’ non-payment by the Departments of Health and Education, which could affect service delivery, including the school nutrition programme. The Department of Health has confirmed that it owes R1.7 billion to businesses in the…

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