Godongwana’s first GNU budget speech expected to reflect MTBPS

South Africa’s Finance Minister Enoch Godongwana speaks during his medium-term budget policy statement in Cape Town, South Africa, November 1, 2023. 1 minute Economists expect the upcoming Budget Speech to outline economic projections similar to those presented in the medium-term budget policy statement. Finance Minister Enoch Godongwana will deliver his Budget Speech on Wednesday next…

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SA resumes large scale apple exports to Thailand after 16 years

Joya Apples 2 minutes South Africa will resume large scale apple exports to Thailand again after 16 years. Exports to this market were lost after 2008, following changes in requirements from a trade partner. Ceres, in the Witzenberg Municipality of the Western Cape, provided the first shipment of Joya apples today. Authorities say the establishment of…

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South Africa’s financial position remains constrained: Experts

Finance Minister Enoch Godongwana delivering his Budget Speech. 3 minutes Experts attending the pre-National Budget Speech roundtable hosted by Deloitte, agree that while there have been some green shoots, South Africa’s financial position remains constrained. Economists expect the upcoming Budget Speech to outline economic projections similar to those presented in the Medium-Term Budget Policy Statement…

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US tariff plan threatens SA steel and aluminium sector

FILE PHOTO: Steel pipes at a steel and iron factory 1 minute America’s plan to impose a 25% tariff on all steel and aluminum imports could severely affect South Africa. President Donald Trump will unveil the plan on Monday. It is the latest trade escalation since Trump took office three weeks ago. The blanket new…

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NUM rejects Petra Diamond’s retrenchment notice

Rough diamonds on a table. 1 minute The National Union of Mineworkers (NUM) has rejected Petra Diamond’s retrenchment notice of over 200 mineworkers in its Pretoria and Northern Cape Operations. According to the union, the company says the diamond industry is facing the longest downturn in over 30 years. It says this is driven by…

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ICASA report on future of satellite services to be released in April

File Image: Satellites 2 minutes The Independent Communications Authority (ICASA) says its report and findings on the future of Satellite services in the country will be made available in April. The regulator concluded a round of oral hearings in Gauteng to develop a transparent satellite regulatory framework with clear rules for potential investors. Several stakeholders…

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Musk not interested in acquiring TikTok

A 3D-printed miniature model of Elon Musk and the TikTok logo are seen in this illustration taken January 23, 2025. 3 minutes Billionaire Elon Musk said that he was not interested in purchasing TikTok, the popular short-video app that the United States has been trying to ban over national security concerns with its Chinese owner…

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Volvo South Africa issues safety recall for three models

File image: The logo of Swedish automobile manufacturer Volvo. 2 minutes Volvo South Africa has issued a safety recall for three of its models launched into the domestic vehicle market between January 2023 and October 2024. The National Consumer Commission (NCC) says Volvo SA notified the commission about the recall of the three models. This…

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