Nedbank has revised its growth outlook for 2025 to 1%, down from its earlier, more optimistic outlook of a 1.5% increase in GDP. This came out of a discussion with the bank’s Chief Executive, Jason Quinn, who was answering questions on the company’s interim results released on Tuesday. For the six months ended June 2025,…
Kristie Paine is an award-winning beekeeper and entrepreneur from the KwaZulu-Natal Midlands Kristie Paine, an award-winning beekeeper and entrepreneur from the KwaZulu-Natal Midlands, has made her mark in a male-dominated industry while raising awareness on how to help bees work for the environment. Paine became interested in bees when she was working as a game…
Finance Minister Enoch Godongwana has placed the Ditsobotla Primary Savings and Credit Cooperative Bank Limited (DCB) in resolution, effective August 1. This follows the Reserve Bank’s recommended intervention to protect depositors’ interests. The Reserve Bank says the DCB has failed to meet regulatory requirements for an extended period, was operating at a loss, and could…
The Western Cape Mobility Minister Isaac Sileku with female freight drivers on August 6, 2025. Western Cape Mobility Minister Isaac Sileku says it is important to celebrate the women who are the backbone of the freight industry. Sileku says this month they are celebrating both female freight truck drivers and the wives and partners of…
Samwu workers are seen during a strike. The South African Municipal Workers’ Union (Samwu) will lead a march to Tshwane House today to demand the reinstatement of workers who were unfairly dismissed in 2021. The dismissals followed a salary increase dispute which emanated from the City of Tshwane’s failure to adhere to an agreement it had reached…
Medupi Power Station in Limpopo Electricity Minister Dr Kgosientsho Ramokgopa says technical challenges at the Matimba power station in Lephalale, Limpopo, were responsible for the last two bouts of load shedding. Ramokgopa is currently visiting the Matimba and Medupi power stations in Limpopo. The country has not experienced load shedding in over four months. Ramokgopa…
Lesotho textile factory. The future of Lesotho’s textile industry remains uncertain after the United States reduced the country’s reciprocal tariff rate to 15%. Last week, President Donald Trump reduced the tariffs from the 50% he had threatened to impose in April. The textiles sector is Lesotho’s leading export industry and was heavily dependent on the…
Fuel being refilled inside of a car. The Department of Mineral and Petroleum Resources has announced that both grades of petrol, 93 and 95, will decrease by 28 cents per litre at midnight. However, the price of diesel is set to increase by 63 cents and 65 cents per litre, depending on the grade. Illuminating…
A branch of the VBS Mutual Bank. The corruption trial against a former Thulamela Municipality mayor accused in the VBS Mutual Bank saga will resume in the Specialised Commercial Crimes Court in Polokwane, Limpopo, today. Avhashoni Tshifhango faces corruption charges related to the R30 million that the municipality invested in the now-defunct bank. The municipality…
International Relations Minister Ronald Lamola addresses a joint ministerial press briefing on the US Tariffs, August 4, 2025. International Relations Minister Ronald Lamola says South African exports do not compete with the United States producers and do not pose a threat to US industry. Lamola says the country is responding to US tariffs with a…
