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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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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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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