[File Image] Minister of Trade, Industry and Competition, Parks Tau, speaks during a press conference in Washington, DC, in the United States on 21 May 2025. The Department of Trade, Industry and Competition is engaged in talks with Algeria and Egypt on ways to cooperate with South Africa in the automotive sector. Minister Parks Tau,…
Finance MEC Lebogang Maile. Finance MEC, Lebogang Maile says the Gauteng Provincial Government Departments incurred R4.2 billion in new irregular expenditure in the 2024/25 financial year. 14 of the 19 provincial government entities achieved clean audits. Maile was giving a media briefing in Johannesburg. He has expressed concern over the Health and Education Departments which…
Eastern Cape Agriculture MEC, Nonceba Kontsiwe says she wants to prioritise agriculture in small communities Eastern Cape Agriculture MEC Nonceba Kontsiwe says increasing food production in rural areas is potentially changing the economic outlook of the province. Kontsiwe was addressing the Smallholder Farmers Agricultural show in Mthatha. Emerging farmers in attendance raised concerns about unequal…
Power pole. Eskom has published its 2025/26 summer outlook, saying it does not anticipate any loadshedding during this period. The power utility gave an update on its operational performance during a media briefing at its head office Megawatt Park, in Johannesburg. The company says improved maintenance and additional grid capacity will ensure no loadshedding occurs….
Confederation of African Football President, Patrice Motsepe. Billionaire businessman and Confederation of African Football (CAF) President, Patrice Motsepe, has addressed ongoing speculation about his political ambitions. Speaking at the release of the financial results for his company, African Rainbow Minerals, Motsepe says that he does not need to enter politics to make a contribution to South Africa….
Metal coils are seen at a steel plant The Steel and Engineering Industries Federation of Southern Africa (SIEFSA) says production in this sector fell by 1.4% last year, reversing the small growth it had in 2023. It says with the US tariff hikes, the sector could suffer another loss. Marketing and communications executive at the…
FILE | Image of gavel and credit cards. The South African Union of Students (SAUS) has expressed concern about the proposed amendments to the National Credit Act, saying the situation will worsen unemployment among the youth. The Trade, Industry and Competition Department has suggested a provision that will allow credit bureaus to record education-related debt,…
DBSA head office Deputy Finance Minister David Masondo has lauded the Development Bank of Southern Africa (DBSA) for its strong financial performance for the 2024-25 financial year. DBSA’s FY-2025 results highlight more than numbers, they show how financial strength drives impact. This year we delivered strong earnings, a resilient portfolio, catalytic infrastructure partnerships, and a…
Workers at a clothing factory employed in South Africa. South African businesses have gathered in Johannesburg to learn more about trading with the United Kingdom (UK) through a dedicated trade agreement. The SACUM-UK Economic Partnership Agreement is a free trade agreement between Southern African countries including Botswana, Lesotho and Mozambique. The meeting brings together businesses…
Graphic depicting inflation A Competition Commission report has found that inflation on essentials is rising faster than wages, with low-income households being hit the hardest. The Cost of Living Report covers the period between 2020 and March 2025. The study expands on the original Essential Food Price Monitoring Report that was launched in 2020 to…
