[File Image]: Global ratings agency Standard & Poor’s Global Ratings. The African National Congress (ANC) has welcomed the decision by Standard and Poor’s (S&P) Global Ratings to upgrade South Africa’s sovereign credit rating. The S&P decision follows the tabling of the Medium Term Budget Policy Statement (MTBPS) earlier this week. ANC NEC member and deputy…
A glass of wine. Dozens of Russian winemakers have gathered in Moscow to swirl, sip and savour the drink. The aim is not to sell bottles but build bridges. This inaugural BRICS Wine Forum brings together an international gathering of wine enthusiasts. The goal is to help each other’s markets and wineries flourish and grow,…
The S&P Global logo is displayed on its offices in the financial district in New York City. S&P Global on Friday upgraded South Africa‘s foreign currency long-term sovereign credit rating to “BB” from “BB-“, citing stronger growth prospects, an improving fiscal outlook and lower contingent liabilities following performance improvements at the state-owned electricity utility, Eskom….
This morning Minister Dr. Kgosientsho Ramokgopa briefed the media regarding significant updates on key developments in South Africa’s Nuclear Energy Program. The Minister of Electricity and Energy, Kgosientsho Ramokgopa, has announced that Eskom plans to add 5.2 gigawatts of new nuclear capacity to the national system through future nuclear builds. This is part of a…
Inside the ANC NEC meeting held in Germiston, Johannesburg, 14 November 2025. The African National Congress (ANC) has attributed the decision by the Standard and Poor’s (S&P) Global Ratings to upgrade South Africa’s sovereign credit rating to accelerated economic reforms and the improvement in the performance of some State-Owned Enterprises (SOEs). This came out during…
A general view of the city of Johannesburg is seen as the sun rises, in Johannesburg, South Africa. The Black Management Forum (BMF) has sounded the alarm on South Africa’s deepening inequalities, as leaders from business, government, labour, and civil society gather in Gqeberha in the Eastern Cape for the organisation’s 2025 Policy Conference. The…
Teenagers pose for a photo while holding smartphones in front of a Youtube logo in this illustration taken September 11, 2025. Google’s YouTube and Walt Disney said on Friday they had reached an agreement to restore Disney-owned networks to YouTube TV, after a fee dispute left millions of subscribers without access to U.S. Election Day…
FlySafair plane in flight A wage agreement has been reached between airline FlySafair and the SA Cabin Crew Association (SACCA). This brings to an end the almost two-week industrial action that saw the employer locking workers out. FlySafair says the signed agreement is a 4-year wage increase of between 6 and 6,9% and a guaranteed…
[File Image]: Global ratings agency Standard & Poor’s Global Ratings downgraded South Africa’s currency to junk status on Friday. Chief Economist at Efficient Group, Dawie Roodt, says more work still needs to be done to improve South Africa’s economic conditions. This comes after the global rating agency, Standard and Poor’s (S&P), raised South Africa’s credit…
Trade, Industry and Competition Minister Parks Tau speaking during an event. Trade, Industry and Competition Minister Parks Tau has received the Competition Commission’s Media and Digital Platforms Market Inquiry report for tabling in Parliament. Speaking at the release of the report in Sandton, Johannesburg, the minister notes that the shift to online news consumption facilitated…
