FlySafair check-in counter at OR Tambo International Airport. FlySafair says its operations will be restored to full capacity over the next two weeks. The airline has confirmed that the pilots’ strike has ended following an agreement between it and Solidarity. The union represents two-thirds of FlySafair’s pilots. The pilots will receive a 6% salary increase…
[FILE IMAGE]: Finance Minister, Enoch Godongwana addresses a media briefing at Parliament in Cape Town on May 21, 2025. Minister of Finance, Enoch Godongwana says National Treasury has no plans to lower the current inflation target. This after the SA Reserve Bank announced that it will start targeting the 3% inflation target and not 4,5%…
Stranded FlySafair passengers at OR Tambo International Airport on July 21, 2025. South Africa’s Air Traffic and Navigation Services (ATNS) says operational challenges that caused disruptions and departure delays at OR Tambo International Airport have been resolved. The disturbances were caused by a failure in the Flight Plan Management system, affecting Air Traffic Control operations…
Bank notes and coins. An economist at FNB, Koketso Mano, says the Reserve Bank’s decision to target the lower part of the 3 to 6% inflation range will have some implications for workers and businesses. Mano argues that workers will face challenges negotiating salary increases beyond 3% while businesses will be forced to absorb rising…
Cranes ready to load containers onto ships at Durban Harbour. Concerns are mounting over the US’ recently imposed 30% tariff on South Africa and its potential ripple effects on South Africa’s small and medium-sized enterprises. This has prompted some economists to advise SMEs to be innovative and adapt to the current global economic situation. In…
Workers at a clothing factory employed in South Africa. BankservAfrica’s latest data shows that South African salaries held steady in June, following three months of moderation. The average nominal take-home pay was R17,310 in June 2025, a marginal decline of just 0.1 % from the R17,325 recorded in May. Despite this slight dip, salaries remain significantly…
President Cyril Ramaphosa speaks during the swearing in ceremony of Acting Police Minister Professor Firoz Cachalia at the Union Buildings in Pretoria on 01 August 2025. President Cyril Ramaphosa has vowed to support South African businesses that the United States imposed tariff hikes will affect. The 30% tariffs on exports to the US will only…
A street view of the City of Johannesburg – the economic hub Political economist Bongani Mahlangu has called on South Africa to strengthen economic ties within the African continent to counter the effects of the new US-imposed tariffs, which are set to take effect in seven days. South Africa is among several countries affected, with…
Minister of Trade, Industry and Competition, Parks Tau, speaks during a press conference in Washington, D.C., in the United States on 21 May 2025. New United States (US) tariff rates have taken effect for dozens of countries, including South Africa. The countries have not yet reached a trade deal with the US. The rates have…
Former President Kgalema Motlanthe speaking at an event South Africa will continue to engage with the United States of America. This amidst global anxiety about US President Donald Trump’s sweeping tariffs that will take effect on August 1. Former President Kgalema Motlanthe’s foundation hosted a seminar looking at how Pretoria should navigate the new order….
