A man looks at an item before buying at a spaza shop in Thembisa, on the East Rand, in South Africa. 1 minute The National African Federated Chamber of Commerce and Industry (NAFCOC)’s President Glibert Mosena says government’s registration drive is not the solution for rapid increase of spaza shops in the country. The deadline…
An unplugged electricity cord. 1 minute Energy Expert Ruse Moleshe has warned citizens that the risk of rolling blackouts still remains. This follows Eskom implementing stage two load shedding on Wednesday that was suspended at 5am this morning. Moleshe says the electricity grid is not completely reliable yet and with planned maintenance for winter, there…
Reserve Bank Governor Lesetja Kganyago takes questions from the media after announcing the repo rate. 1 minute The South African Reserve Bank has kept the repo rate unchanged at 7.5%. The prime lending rate remains at 11%. Central bank governor Lesetja Kganyago says inflation has edged slightly higher and appears contained at 3.2%. Delivering his…
Minister Enoch Godongwana delivers the budget speech in 2024. 2 minutes EFF leader Julius Malema says that government should consider a wealth tax instead of increasing Value Added Tax. Parliament is set to vote for the budget next month, after it was recently tabled by Finance Minister Enoch Godongwana. Malema says government should target the…
1 minute The South African Reserve Bank (SARB) monetary policy committee is briefing the media on the last interest rate adjustments. LIVE |
Signage seen at an Ithala Bank branch. 1 minute The Tembe Council of Churches in KwaNgwanase near KwaMhlabuyalingana in northern KwaZulu-Natal will today lead a peaceful march at the iThala Centre in Manguzi. The aim of the march is to highlight the plight of local communities and businesses following the closure of Ithala Bank. Various…
Deputy Minister in the Presidency, Kenneth Morolong seen speaking at Brand SA’s Nation Brand Forum. 1 minute Deputy Minister in the Presidency, Kenneth Morolong, says there is a need to use South Africa’s G20 presidency to promote the country to the world. Morolong was speaking at Brand SA’s Nation Brand Forum underway in Johannesburg. The…
Shoppers look for items as they shop at an outlet of retailer Checkers in Sandton City mall, in Sandton, South Africa, August 28, 2024. 2 minutes Data released by Statistics South Africa shows that the Consumer Price Inflation remained unchanged at 3.2% in February from January 2025. The main contributors to inflation in the month…
3 minutes E-commerce has emerged as a key focus at the Proudly South African Buy Local Summit and Expo in Sandton. Proudly SA CEO Eustace Mashimbye reveals that e-commerce sales in South Africa hit R71 billion by 2023, with projections indicating this figure will surpass R100 billion by 2026. He was speaking at the close…
Lebogang Maile on the podium. 2 minutes More than R36 billion has been allocated for infrastructure development in Gauteng over the next three years. This was heard during the 2025 provincial Budget Speech, delivered by Finance and Economic Development MEC Lebogang Maile, earlier today. Gauteng has experienced serious infrastructure problems which saw President Cyril Ramaphosa…
