Egypt’s Central Bank headquarters are seen in downtown Cairo, Egypt on March 22, 2022. Egypt’s Central Bank cut its overnight interest rates by 100 basis points on Thursday, it said in a statement. The Monetary Policy Committee cut the overnight deposit rate to 20% from 21% and the lending rate to 21% from a 22%….
File image| The Durban beachfront. The KwaZulu-Natal South Coast has seen an influx of holidaymakers, with some hospitality establishment owners saying they are already fully booked over the festive period. Many say they enjoy the safe swimming conditions, clean shorelines and amenities of the seven Blue Flag beaches in the area. The sun, sea and…
Qala Shallows Gold Mine operated by West Wits Mining. A new underground gold mine opened in the West Rand of Johannesburg, promises to create 1 000 jobs while engaging with communities, rather than operating around them. Qala Shallows is a modern underground operation that’s being developed as a shallow mine, with mining planned from level…
Livestock seen in a kraal. KwaZulu-Natal residents and livestock farmers have been urged to be vigilant as incidents of stock theft peak this festive season. Recently, police recovered over 20 stolen sheep and cattle in Bulwer. Two suspects aged between 23 and 31 were arrested and have appeared in court for the alleged possession of…
Illegal traders in the Johannesburg CBD City of Johannesburg Mayor Dada Morero says illegal trading has resumed in the city’s central business district (CBD). He was speaking during a clean-up campaign in the city centre. Morero says they’ve dropped the ball and the city is becoming dirty again. “Illegal trading has once again re-emerged, property owners and shop owners contribute immensely towards the dirtiness…
A customer looks at chocolates for sale in a Christmas offers With Christmas only three days away, a new Debt Rescue survey indicates that the vast majority of South African households are under extreme financial pressure, prompting many families to cut back or cancel their holiday celebrations entirely. According to the survey, 94% of respondents said…
South African bank notes featuring an image of former South African President Nelson Mandela are displayed at an office in Johannesburg. Economist Dr. Azar Jammine says the South African economy continued to show signs of improvement in October 2025. This is shown in the composite leading Business Cycle Indicator, or BCI, for October. The South…
Municipal workers are captured at Josiah Gumede Road in Pinetown where an illegal dump was removed in this image captured on 26 February 2024. The South African Local Government Association (SALGA) has called on National Treasury to immediately release the Local Government Equitable Share tranche for 75 municipalities across the country. National Treasury issued two…
The NCR is warning South Africans to be mindful of their spending during the festive season. The National Credit Regulator (NCR) has renewed its call for South Africans to practice strict financial discipline during the festive season. [LISTEN] Pause, reflect and make responsible spending decisions this festive season: NCR 🔗 #TheWeekendView #sabcnews pic.twitter.com/8VbONKQ8Mo — SABC…
Data released by Statistics South Africa shows that consumer price inflation eased from three-point-six percent in October to three-point-five percent in November last year. Data released by Statistics South Africa shows that consumer price inflation eased from 3.6% in October to 3.5% in November last year. The main contributions to inflation came from housing and…
