Minister Enoch Godongwana delivering the Budget Speech two years ago. 2 minutes Finance Minister Enoch Godongwana says increases may not be the ideal measure but it is an attempt to bring much needed improvement in the delivery of frontline services like health and education. Treasury appeared before the four finance committees of Parliament where MPs…
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. 1 minute The Pietermaritzburg Economic Justice and Dignity Group, which advocates for prices of food to be affordable, has welcomed the decision by Finance Minister Enoch Godongwana to…
File Image: Social grant recipients stand in a queue outside a post office. 1 minute Social grant activist Elizabeth Raiters has accused the government of continually kicking the promise of a basic income grant down the road and not making a solid commitment to the idea. This follows the tabling of the budget by Finance…
1 minute Science, Technology and Innovation minister Prof. Blade Nzimande hosts the inaugural National System of Innovation Transformation Summit. Historically, the apartheid regime used science as part of the oppressive state apparatus to exclude and entrench the underdevelopment of the black majority. LIVE STREAM:
4 minutes Tech stocks led advances in Asia on Thursday, taking their cue from Wall Street’s gains after tepid inflation data allayed concerns over the state of the US economy. US Treasury yields remained elevated after pulling further away from recent lows the day before, on escalating tit-for-tat tariff battles between the United States and trading…
1 minute Finance Minister Enoch Godongwana appears before Parliament’s finance-related committees to clarify details of the budget he presented on Wednesday. This session will provide Members of Parliament (MPs) with the opportunity to ask questions and seek further insights into the budget. LIVE STREAM:
Cosatu member holds up a placard against tax 2 minutes Some economists say the increase in Value Added Tax (VAT) will over-burden already struggling households. Finance Minister Enoch Godongwana announced a 1 percentage point VAT hike over two years with the first increase of half a percentage point expected in May. Another increase will be…
A person pouring alcohol into a glass. 2 minutes Gauteng Police have arrested nine foreign nationals at an illegal alcohol plant in Westonaria on Thursday. Provincial Police Commissioner General Tommy Mthombeni has placed the value of the fake alcohol at approximately R1 million. Two Taiwanese, six Malawians and a Mozambican were arrested when police pounced…
A passenger airplane flies overhead. 2 minutes As South Africa prepares to host the G20 Summit later this year, aviation authorities are meeting to map out an economic take-off at the Board of Airline Representatives of South Africa (Barsa) Summit underway in Skukuza at the Kruger National Park, Mpumalanga. Aviation is vital in driving trade,…
President Cyril Ramaphosa at the 8th South Africa-European Union. 1 minute The president of the European Council, Antonio Costa says there’s a need for strengthened multilateralism to respond to common global challenges. Costa was speaking at the EU-South Africa Summit in Cape Town. Both South Africa and the EU are grappling with aid and trade…
