Reserve Bank Governor Lesetja Kganyago. Reserve Bank Governor, Lesetja Kganyago, says the Monetary Policy Committee has decided to cut the repo rate by 25 basis points to 7%. This means that the prime lending rate drops to 10,5%. Kgyanyago was speaking in Pretoria. The MPC also cut the repo rate by 25 basis points at…
COGTA Minister Velenkosini Hlabisa leads a high-level engagement with business leaders at the East London International Convention Centre in the Eastern Cape on July 30, 2025. Cooperative Governance and Traditional Affairs (COGTA) Minister Velenkosini Hlabisa has reiterated the call for non-viable municipalities to cease to exist and believes keeping them is irresponsible and hinders service…
Constitutional Court. The Constitutional Court has sent the case of Nkosinathi Makate’s ‘Please Call Me’ and Vodacom back to the Supreme Court of Appeal. The court handed down its judgment in the long drawn legal battle in Johannesburg this morning. Makate suffers a slight setback after the ConCourt (unanimously) upheld Vodacom’s appeal against the 2024…
Reserve Bank Governor Lesetja Kganyago speaks during the SA Reserve Bank Financial Stability Forum on 20 June 2025. Independent Economist Elize Kruger says she expects the Reserve Bank’s Monetary Policy Committee to cut interest rates by 25 basis points when it announces its rate decision this afternoon at 15:00 in Pretoria. Kruger says subdued consumer…
[FILE IMAGE] A branch of mobile communications provider Vodacom in Cape Town is shown in this picture taken November 10, 2015. The Constitutional Court will today hand down its judgment in the long drawn legal battle between ‘Please Call Me’ inventor Nkosana Makate and telecom giant, Vodacom. The court will rule whether the Supreme Court…
Delegates at the fourth G20 Employment Working Group. The fourth G20 Employment Working Group (EWG) Meeting is hosted in George in the Western Cape. The G20 EWG’s mandate is to address labour, employment and social issues for strong, sustainable, balanced and job-rich growth for all. The theme of the G20 EWG stream is: “Living and…
Passengers at a station Workers union, General Industries Workers Union of South Africa (GIWUSA) is demanding the immediate withdrawal of Metrorail’s fare increases which are expected to take effect on the 1st of August 2025 The Passenger Rail Agency of South Africa (PRASA) has announced that single tickets will increase by R2.50, while return tickets…
Minister Gwede Mantashe. Mineral and Petroleum Resources Minister Gwede Mantashe has emphasised the importance of critical minerals in building economic growth and creating jobs in South Africa. Addressing delegates at the G20 Critical Mineral Stakeholder meeting in Sandton, north of Johannesburg, Mantashe lamented the importation of raw minerals, which he says further exacerbates poverty and…
The Trade union, Solidarity, and FlySafair will return to the negotiating table this afternoon to discuss a resolution to the pilots’ strike, which began last week. The strike marks the longest pilot strike in South African history. The pilots embarked on what was meant to be a one-day strike to express their dissatisfaction with salaries…
Pelindaba nuclear station in Gauteng. The Department of Electricity and Energy Deputy Director General Zizamele Mbambo says they will explore all financing options for the expansion of South Africa’s nuclear energy programme. The programme has been in operation since 1984. The department will convene its third G20 Energy Transitions Working Group meeting in Sun City…
