The South African National Defence Force (SANDF) soldiers at the State of the Nation Address (SONA) in Cape Town on February 6, 2025. 2 minutes Senior Economist at consultancy firm, Price Waterhouse Coopers (PWC), Xhanti Payi predicts that the Defence Department may see an increase in funding in Finance Minister Enoch Godongwana’s 2025 Budget Policy…
Finance Minister Enoch Godongwana delivering his Budget Speech in 2024. 2 minutes With the 2025 National Budget Speech just a day away, critical tax and economic policy changes will soon be unveiled. Experts believe that Finance Minister Enoch Godongwana will announce a raft of tax adjustments including value-added tax (VAT), personal income tax and corporate…
1 minute The South African government briefs the media on the G20 Foreign Ministers’ Meeting in Nasrec, Johannesburg. Live stream below:
Postbank employees assist social grant beneficiaries. 1 minute The Postbank has assured Parliament that it will administer social grants competently. This follows the South African Social Security Agency’s (SASSA) slow process to change its gold to black Postbank cards. Portfolio Committee on Communications and Digital Technologies , 18 February 2025 — Parliament of RSA (@ParliamentofRSA)…
Unemployed youth seeking work on roadside 1 minute The growth of youth employment was a key topic at day one of the G20 Employment Working Group meeting hosted in Gqeberha. Amongst this hot topic, was gender equality, income equality and the impact of digitalisation on the future of work. According to economist and lecturer, Professor…
Graphic depicting wages 2 minutes COSATU has dismissed as false, the long-standing assertion of a bloated public sector wage bill, as workers look to the upcoming budget for relief. Finance Minister Enoch Godongwana will have to walk a tight rope when he delivers his 2025 budget tomorrow. But government workers want an expansion of the…
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…
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…
