Western Cape sees exponential growth in tourism sector

African penguin near Boulder’s Beach 3 minutes The current tourist season in Cape Town is booming, with 226 international flights from 31 destinations landing every week. This, according to Cape Town, is a culmination of years of work to promote the Mother City as a globally connected destination. Wesgro, the official tourism, trade and investment…

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SA vehicle sales rise in January, export market expands

[FILE] NAAMSA records third consecutive decline in new vehicle sales. 2 minutes Vehicle sales in South Africa increased by 10.4% in January compared to the same period last year, according to the National Association of Automotive Manufacturers (Naamsa). Naamsa also reported a rise in vehicle exports, with an increase of nearly 6 025 units compared…

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SA’s minerals should be withheld from US: Mantashe

Minister Gwede Mantashe addressing the Mining Indaba in Cape Town. 4 minutes Minister of Minerals and Petroleum Resources Gwede Mantashe says Africa must use its rich mineral endowment as leverage against the United States and not fear the threats made. Mantashe was speaking at the 31st Invest in African Mining Indaba taking place this week…

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SaveSA calls for action on unemployment ahead of SONA

1 minute Non-profit organization Save South Africa has called for concrete solutions to address the country’s high unemployment rate, which officially stands at 32.1 percent, with youth unemployment at 45.5 percent in the third quarter of 2024. The call comes as anticipation builds up for President Cyril Ramaphosa’s 2025 State of the Nation Address (SONA)…

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Rand, stocks, government bonds slump

South African rand notes. 2 minutes The rand, stocks and government bonds slumped on Monday following United States (US) President Donald Trump’s comment on how he would cut off funding for South Africa. This morning, the rand traded at R18.89 against the US dollar, about 1% weaker than its closing level on Friday. On Sunday,…

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Parly Committee calls for Post Office rescue practitioners’ dismissal

File image: Post Office worker assists customer. 1 minute Parliament’s portfolio committee on communications and digital technologies has called for the dismissal of the business rescue practitioners overseeing the South African Post Office (SAPO) business rescue. The committee is frustrated that the practitioner has not developed a viable plan to restore the struggling entity’s financial…

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