Finance Minister Enoch Godongwana delivers the keynote address at the Financial Sector Conduct Authority (FSCA) South Africa Industry Conference on March 20, 2025. 1 minute Finance Minister Enoch Godongwana says various political parties’ proposals on how to generate revenue have some merit. Godongwana joined President Cyril Ramaphosa and other dignitaries in a meeting with the…
2 minutes The South African Reserve Bank (SARB) is forecasting growth to rise to 1.7 percent in 2025, despite the downside risks. The central bank released its monetary policy review for April 2025 noting that South Africa’s growth remains below its historical average of 2.5%. Estimates for this year are also far lower than the…
President Cyril Ramaphosa on board a Transnet vessel 1 minute President Cyril Ramaphosa has commended the Eastern Cape for the investment projects it has initiated to boost the economy of the province through its ports and the Coega Special Economic Zone. Ramaphosa is on a two day oversight visit to the Nelson Mandela Bay metro….
A container is loaded onto a cargo ship while docked at Hai Phong port, 3 minutes The World Trade Organisation sharply cut its forecast for global merchandise trade from solid growth to a decline on Wednesday, saying further US tariffs and spillover effects could lead to the heaviest slump since the height of the COVID…
Eskom electricity infrastructure. 2 minutes The North West government has embarked on a joint venture with the City of Matlosana in Klerksdorp in a bid to address energy supply challenges. Provincial Economic Development Department officials have handed over the Urban Blue International Gas Power project to the city for implementation. This will pave way for…
Mcebisi Jonas gestures ahead of the Judicial Commission of Inquiry probing state capture in Johannesburg, South Africa August 24, 2018. 1 minute The alliance of business leaders, Business for South Africa (B4SA), has hailed the appointment of a special envoy to the US as a crucial step towards improving relations between South Africa and America….
Deputy Minister in the Presidency for Planning, Monitoring and Evaluation, Seiso Mohai interviewed by the SABC News at the G20 Development Working Group meeting in Somerset West, Western Cape on April 15, 2025. 2 minutes Deputy Minister in the Presidency for Planning, Monitoring and Evaluation, Seiso Mohai, has called on the G20 Development Working Group…
Tax-related material on a desk. 1 minute Chairperson of the Standing Committee on Finance in Parliament, Joe Maswanganyi, says the decision to implement the proposed 0.5% Value Added Tax (VAT) increase rests solely with Finance Minister Enoch Godongwana. The proposed increase has drawn disagreement from members of the Government of National Unity (GNU). If implemented,…
Transport Minister Barbara Creecy 3 minutes The Minister of Transport Barbara Creecy says the new ship-to-shore crane at the Port Elizabeth container terminal will enhance operational efficiency and competitiveness in an increasingly interconnected global economy. Creecy was speaking during the launch of the crane, which is part of a R3 billion fleet renewal programme investment,…
A Transnet locomotive seen on a track. 2 minutes Job security is one of the main issues dividing Transnet management and the United National Transport Union (Untu). The two parties met on Monday morning to resolve their wage dispute under facilitation by the Commission for Conciliation, Mediation and Arbitration (CCMA). Untu, a majority union at…
