Cattle stand in an enclosure. 2 minutes Agriculture Minister and Democratic Alliance leader, John Steenhuisen, has raised concerns about the impact of foot and mouth disease on the economy and food security. Steenheisen met AmaZulu King, Misuzulu ka Zwelithini, at the eMashobeni Royal Palace in Nongoma in KwaZulu-Natal. The provincial Department of Health says there…
Finance Minister Enoch Godongwana, February 19, 2025. 2 minutes Finance Minister Enoch Godongwana has announced plans to meet with various political parties in the Government of National Unity (GNU) to address the political risks associated with a proposed two percentage point increase in Value-Added Tax (VAT). Speaking to the media in Parliament yesterday, Godongwana stated…
Eastern Cape Premier Oscar Mabuyane speaking at a government event. 2 minutes Eastern Cape Premier, Oscar Mabuyane says the gloomy global economy has had a structural and geo-political impact on the economic trajectory of the province. Mabuyane is delivering the first State of the Province Address (SOPA) for the seventh administration at the Eastern Cape…
Siyanda Bakgatla Platinum Mine in Swarklip has closed temporarily after the Bierspruit recreation dam wall partially collapsed. 1 minute Mining operations at the Siyanda Bakgatla Platinum Mine in Swarklip, Limpopo, closed after the Bierspruit recreation dam wall partially collapsed due to heavy rain. Siyanda Bakgatla Platinum Mine Spokesperson Hope Tyira says the dam exceeded its…
ArcelorMittal has also proposed that salaries and benefits be reduced by 20% as an alternative to retrenchments. 1 minute Members of the National Union of Metalworkers of South Africa (NUMSA) are staging a picket at the Industrial Development Corporation (IDC) offices in Sandton, Johannesburg, over planned retrenchments at ArcelorMittal South Africa (AMSA). AMSA, in which…
President Cyril Ramaphosa addresses Parliament. 2 minutes President Cyril Ramaphosa wishes to assure South Africans that Cabinet’s continuing deliberations on the Budget will deliver outcomes that will protect vulnerable citizens and lay a platform for economic growth. The President says, in a statement, that the postponement of the tabling of the Budget in Parliament was…
Minister in the Presidency Khumbudzo Ntshavheni, Finance Minister Enoch Godongwana and Director-General of National Treasury Dr. Duncan Pieterse brief the media after the budget postponement 4 minutes The South African Communist Party (SACP) says it feels vindicated by the unprecedented postponement of the tabling of the 2025 Budget today. Finance Minister Enoch Godongwana was forced…
[FILE IMAGE]: A customer in a spaza shop. 1 minute The authorities in Limpopo have urged spaza shop owners that have not yet registered their businesses to finalise their applications as the deadline looms. Spaza shop owners have one week left before the February 28 deadline. In Limpopo, more than 480 applications received so far…
Person holding rands 2 minutes Market analysts expect the rand to remain under pressure following the postponement of the tabling of the main budget by the Minister of Finance Enoch Godongwana. Makwe Masilela, founder of Makwe Fund Managers, says the rand weakened due to the budget presentation postponement. The Budget Speech will now be delivered…
1 minute The National Union of Metalworkers of South Africa (NUMSA) will hold a picket tomorrow at the Industrial Development Corporation’s (IDC) offices in Sandton, Johannesburg, in protest against planned retrenchments at ArcelorMittal South Africa. The company recently announced the closure of its steel-making operations in Newcastle and Vereeniging, a move that will result in…
