A man stands at a branch of the South African Post Office. 1 minute The South African Post Office (SAPO) will stay open for another month thanks to a R150 million from National Treasury. However, its long-term survival still depends on securing billions from the fiscus. According to the Communication Workers Union (CWU), should SAPO…
[FILE IMAGE]: A customer in a spaza shop. 2 minutes Spaza shop owners in Mpumalanga are rushing to municipal offices to register business before Friday’s closing date. This after President Cyril Ramaphosa mandated that all spaza shops and food businesses should be registered with their municipalities. This was one of the government strategies to ensure…
A calculator and pen depicted in the picture. 3 minutes Cabinet and Treasury will have a special meeting on Monday to finalize the country’s budget. This follows the postponement of the Budget Speech, which was moved from the 19th of February, to the 12th of March. During the post Cabinet briefing held in Parliament today,…
1 minute Minister of Finance, Enoch Godongwana briefs members of the media following the G20 Finance Ministers and Central Bank Governors meeting. LIVE | G20 Finance Ministers and Central Bank Governors media briefing:
A woman uses a trolley as she shops at a Pick n Pay store at the Dobson Point Shopping Centre, in Soweto, South Africa, March 19, 2024. 2 minutes Data released by Statistics South Africa shows that the annual consumer inflation rate increased from 3% in December last year, to 3.2% in January 2025. The…
President Cyril Ramaphosa engages with members of the media following the Group of 20(G20) Foreign Ministers Meeting held at Nasrec Expo Centre in Johannesburg. 2 minutes President Cyril Ramaphosa says debt sustainability for developing economies is one of the priorities that South Africa will focus on during the Finance Track Meetings of the G20, currently…
1 minute The Business 20 (B20) says it wants to establish a pattern of implementable recommendations that extend beyond 2027. The Business 20 serves as the official G20 dialogue forum with the global business community. B20 Sherpa Cas Coovadia says this initiative is being developed in collaboration with counterparts in the United States, which will…
[FILE PHOTO] Finance Minister Enoch Godongwana 4 minutes Finance Minister Enoch Godongwana presented an alternative budget to his colleagues at a Special Cabinet meeting today, reportedly rejected as unworkable. This is despite the fact that it does not include the contentious two percentage point increase in VAT, which led to the postponement of the presentation…
The price cap, a G7 idea, aims to reduce Russia’s income from selling oil, while preventing a spike in global oil prices after an EU embargo on Russian crude takes effect on December 5. 2 minutes Analysts say the impact on oil prices may be due to sanctions imposed on Russia. This comes as oil…
3 minutes Labour unions at the Post Office say they are very unhappy with the government and the business rescue practitioners. Speaking at an oversight meeting of the parliamentary committee on communications and digital technologies, the Communications Workers Union (CWU) says it warned several government administrations that if there was no intervention at the Post…
