Business

1 minute Electricity Minister Kgosientsho Ramokgopa briefs the media following the implementation of load shedding, which has since been escalated to Stage 6. Live proceedings below: 

A candle burns in a house on the Cape Flats, due to South Africa’s struggling power utility company Eskom, implementing regular power cuts – called ‘load-shedding’, in Cape Town, South Africa February 11, 2023. 1 minute South Africans have woken up to darkness after Eskom implemented Stage 6 load shedding in the early hours of…

1 minute President Cyril Ramaphosa officially opens and addresses the Group of 20 (G20) Foreign Ministers Meeting in Johannesburg. Live stream below:

Representational image of tax. 2 minutes The Congress of Traditional Leaders of South Africa (Contralesa) says the proposed Value-Added tax (VAT) increase will be disastrous for the poor in the country. Contralesa President Kgoshi Mathupa Mokoena commended political parties in the Government of National Unity (GNU) who opposed the proposal. The tabling of the budget…

Cattle stand in an enclosure. 2 minutes Agriculture Minister and Democratic Alliance leader, John Steenhuisen, has raised concerns about the impact of foot and mouth disease on the economy and food security. Steenheisen met AmaZulu King, Misuzulu ka Zwelithini, at the eMashobeni Royal Palace in Nongoma in KwaZulu-Natal. The provincial Department of Health says there…

Finance Minister Enoch Godongwana, February 19, 2025. 2 minutes Finance Minister Enoch Godongwana has announced plans to meet with various political parties in the Government of National Unity (GNU) to address the political risks associated with a proposed two percentage point increase in Value-Added Tax (VAT). Speaking to the media in Parliament yesterday, Godongwana stated…

Eastern Cape Premier Oscar Mabuyane speaking at a government event. 2 minutes Eastern Cape Premier, Oscar Mabuyane says the gloomy global economy has had a structural and geo-political impact on the economic trajectory of the province. Mabuyane is delivering the first State of the Province Address (SOPA) for the seventh administration at the Eastern Cape…

Siyanda Bakgatla Platinum Mine in Swarklip has closed temporarily after the Bierspruit recreation dam wall partially collapsed. 1 minute Mining operations at the Siyanda Bakgatla Platinum Mine in Swarklip, Limpopo, closed after the Bierspruit recreation dam wall partially collapsed due to heavy rain. Siyanda Bakgatla Platinum Mine Spokesperson Hope Tyira says the dam exceeded its…

ArcelorMittal has also proposed that salaries and benefits be reduced by 20% as an alternative to retrenchments. 1 minute Members of the National Union of Metalworkers of South Africa (NUMSA) are staging a picket at the Industrial Development Corporation (IDC) offices in Sandton, Johannesburg, over planned retrenchments at ArcelorMittal South Africa (AMSA). AMSA, in which…

President Cyril Ramaphosa addresses Parliament. 2 minutes President Cyril Ramaphosa wishes to assure South Africans that Cabinet’s continuing deliberations on the Budget will deliver outcomes that will protect vulnerable citizens and lay a platform for economic growth. The President says, in a statement, that the postponement of the tabling of the Budget in Parliament was…