[FILE IMAGE]: Reserve Bank Governor Lesetja Kganyago announces a decision by the Monetary Policy Committee (MPC) on interest rates in Pretoria on July 31, 2025. Chief Economist at Efficient Group, Dawie Roodt, expects the Reserve Bank’s Monetary Policy Committee (MPC) to keep interest rates unchanged when it announces its decision on Thursday afternoon. Despite reduced…
SAMWU workers on a protest march SAMWU in Free State has called on Mangaung Metro Municipality to halt the unilateral implementation of the shift system and engage in formal consultation with organised labour. This comes after the suspension of more than 30 workers for defying the implementation of the shift system. SAMWU has won the…
A worker stands next to a shelf with bottles of Coca-Cola at Makro in Riversands, Midrand on 28 August 2019. Coca-Cola Beverages South Africa is currently undergoing a restructuring process that could see over 680 jobs cuts. According to a document seen by SABC News, the company cites financial constraints as a primary reason for this decision and has committed to…
Bottles of Coca-Cola. The meeting between the Food and Allied Workers’ Union and Coca-Cola Beverages South Africa has been postponed to the 2nd of October 2025. This after the company and the union had disagreements about the number of representatives that should be allowed in the meeting. Fawu’s General Secretary, Edwin Mabowa, says the next…
The recall affects 374 vehicles sold between January to June of this year. The National Consumer Commission (NCC) has confirmed that Volkswagen South Africa is recalling of its Amarok bakkies. The recall affects 374 vehicles sold between January to June of this year. Volkswagen South Africa has informed the commission that the issue with affected…
(L) Cape Town Mayor Geordin Hill-Lewis (C) Transnet GCEO Michelle Phillips (R) Transnet Board Chairperson Dr Andile Sangqu at the Cape Town Terminal Transnet’s investment of R3.4 billion for the Cape Town Container Terminal has been hailed as a boost for the economy of the Western Cape. The entity has acquired a fleet of brand-new…
Hand flipping wooden cube block to change between up and down with percentage sign symbol for increase and decrease financial interest rate. Consumer Price Inflation eased from 3.5% in July to 3.3% in August 2025. According to data released by Statistics South Africa, softer food and fuel inflation contributed to the cooling of the headline…
The public broadcaster has faced significant financial constraints in recent years. SABC Group CEO, Nomsa Chabeli, has told thousands of delegates at the Nedbank IMC Conference that the public broadcaster remains a favourable destination for investment. The SABC is a proud partner of Africa’s biggest marketing conference. The public broadcaster has faced significant financial constraints…
The national government says it has set aside R1 trillion to improve infrastructure in South Africa over the next three years. Deputy President Paul Mashatile revealed this during his keynote address in the MinMEC meeting in Gqeberha,in the Eastern Cape today. Mashatile believes that prioritizing infrastructure development is key to economic growth. He says the…
[FILE IMAGE]: Reserve Bank Governor Lesetja Kganyago announces a decision by the Monetary Policy Committee (MPC) on interest rates in Pretoria on July 31, 2025. The Reserve Bank’s Monetary Policy Committee has decided to keep the repo rates unchanged at 7.5% and the prime lending rate also unchanged at 10.5%. The announcement is in line…
