Minister Enoch Godongwana delivering the 2024 Budget Speech in Parliament. 2 minutes The Parliamentary Budget Office (PBO) says there are alternative revenue streams that Finance Minister Enoch Godongwana can tap into if the proposed VAT increase is shut down. The Executive Director of the Parliamentary Budget Office, Dr Dumisani Djantjies, says Parliament must also push…
Cosatu members at a rally on March 23, 2023. 2 minutes The Congress of South African Trade Unions (COSATU) has raised concerns over the Unemployment Insurance Fund’s (UIF) lack of internal controls. This after the Special Investigative Unit (SIU) revealed that the UIF paid out about R57-billion in fraudulent payments to government employees during the…
File image: A spaza shop in the Johannesburg CBD. 1 minute The Township Economic Commission says yesterday’s registration deadline does not affect people intending to open new food outlets and spaza shops. President Cyril Ramaphosa had ordered the registration in November last year in response to issues of food safety after at least 20 people…
[File photo] 2 minutes The Polokwane Special Commercial Crimes Court in Limpopo has heard that former African National Congress (ANC) Treasurer in Limpopo, Danny Msiza used his political power to influence municipalities to invest in the now defunct VBS mutual bank. A key witness in the looting of the bank was testifying anonymously in the…
President Cyril Ramaphosa in conversation with Goldman Sachs Vice Chairman Richard Gnodde. March 27, 2025. 2 minutes President Cyril Ramaphosa has emphasized the importance of partnering with the private sector to drive the country’s key reforms with an aim to grow the economy and create jobs. Ramaphosa was participating in a dialogue at a conference…
[File photo] British Finance Minister Rachel Reeves 2 minutes British Finance Minister Rachel Reeves says no British companies have complained to her about South Africa’s recently signed expropriation bill. This, as South Africa faces possible sanctions from the United States over the legislation and claims by US President Donald Trump that certain people are being…
Spaza shop 1 minute With two days to go before the deadline for the registration of spaza shops and other food businesses, about 40% of these businesses in the Northern Cape have successfully registered to operate. MEC for Cooperative Governance, Human Settlements and Traditional Affairs Bentley Vass says in the province over 2 500 business…
[File Image]: A logo is seen at the World Trade Organisation (WTO) headquarters 2 minutes The United States on Wednesday abstained from a statement by members of the World Trade Organisation condemning Russia’s aggression in Ukraine, a diplomatic source and a Geneva trade official told Reuters. It is the first time the US has not…
Minister in the Presidency, Khumbudzo Ntshavheni, addressed the media in Cape Town on 27 February 2025 on the outcomes of the Cabinet meeting. 3 minutes Government is confident that Finance Minister, Enoch Godongwana, will table the budget on the 12th of March and there will be no change or further extension. The tabling of the budget by Godongwana…
[FILE IMAGE]: Maize before corn is removed from the cob. 2 minutes Agricultural analysts expect an improvement in maize production due to excellent rains received over the summer season. This follows a difficult season of poor rains in the previous year. According to the latest Crop Estimates Committee report, the expected commercial maize crop has…
