South African R200 notes The South African Federation of Trade Unions (SAFTU) has strongly condemned President Cyril Ramaphosa’s decision to approve a 3,8% salary increase for top political office-bearers, calling it insensitive. The increases will cover remuneration packages for the President, Deputy President, Ministers, Deputy Ministers, Premiers, MECs and Members of Parliament. WATCH | SAFTU…
A woman walks past an electronic screen displaying stock quotation board in Tokyo, Japan April 15, 2025 The dollar was higher, gold softer and stocks on the rebound on Thursday after United States (US) President Donald Trump dropped tariff threats and ruled out seizing Greenland from an ally by force. Trump’s theatrics and consequent tensions…
Minister in the Presidency for Planning Monitoring and Evaluation, Maropene Ramokgopa. Minister of Planning Monitoring and Evaluation, Maropene Ramokgopa, says government has set money aside to address public infrastructure in municipalities. An inter-ministerial committee has also been set up to support distressed municipalities. The minister released the Mid-Term Development Plan (MTDP) Bi-Annual Progress Report for…
Jobs being advertised in a paper KwaZulu-Natal Premier Thami Ntuli says the province is moving to address what he has described as the sad reality of qualified people who are unemployed because of a skills mismatch. Ntuli says the provincial government plans to repurpose non-viable schools into skills development centres – aimed at improving employability…
A logo is seen on the roof of the ArcelorMittal building. Negotiations are back on the table for South Africa’s steel giant. Now, after a tense standoff last year, ArcelorMittal South Africa (AMSA) and the Industrial Development Corporation (IDC) have officially resumed talks regarding a potential state-led buyout. Discussions hit a wall last year after…
Pikitup workers Pikitup services have been disrupted in Randburg north of Johannesburg as casual workers embarked on a work stoppage since Wednesday last week. They demand permanent positions, which were allegedly promised by the waste management company in 2023. The gate at the depot has been blocked with garbage and waste. Residents say the stench…
FILE | Shopping isle of a retail store in Johannesburg. Annual Consumer Price Inflation (CPI) rose slightly last month to 3.6% in line with economists’ expectations. Statistics South Africa (StatsSA) says on a month-on-month basis, prices increased by 0,2%. Despite the modest rise from 3.5% in November, inflation remains within the Reserve Bank’s target range…
2026 World Economic Forum Annual Meeting in Davos. World leaders in government, business and civil society are gathering in Davos, Switzerland, for this week’s annual meeting, being held under the theme “A spirit of dialogue”. Team South Africa, led by Finance Minister Enoch Godongwana says the message they are taking to the world at this year’s…
An employee works on the production line manufacturing pipe-fitting valves at a factory in Wenzhou, Zhejiang province, China China’s economic growth slowed to a three-year low in the fourth quarter as domestic demand softened, and while the full-year pace hit Beijing’s target, trade tensions and structural imbalances pose significant risks to the outlook. The world’s…
The Durban beachfront. The eThekwini Metropolitan Municipality in Durban says the 1.1 million people that visited the area during the festive season have significantly boosted the KwaZulu-Natal economy. They spent more than R2.5 billion during the period, supporting thousands of jobs. Mayor Cyril Xaba says visitors are driving economic growth across the province. “The visit…
