Finance Minister Enoch Godongwana. 2 minutes Workers are hoping that the revised budget to be tabled tomorrow will be more people-centered and push for economic growth and job creation. Labour union federations Cosatu, Fedusa and Saftu have urged Finance Minister Enoch Godongwana to move away from austerity measures introduced in previous budgets. The country’s worsening…
[FILE] The municipality is unable to maintain its infrastructure and is struggling too meet its obligation to pay staff salaries. 2 minutes Government contractors in Limpopo are hopeful that Finance Minister Enoch Godongwana’s upcoming budget will prioritise infrastructure development. This follows ongoing complaints from small businesses over delayed payments and slow project implementation. The Forum…
Food manufacturer Tiger Brands has announced the recall of 20 million canned KOO and Hugo vegetable brands due to a leak. 1 minute Western Cape Premier Alan Winde says over 3000 jobs will be saved at the Langeberg and Ashton Food (LAF) cannery in the Boland. Winde says the food company Tiger Brands recently informed…
SMME and Cooperative seminar & exhibition held at Sabie 2 minutes The Mpumalanga Economic Development and Tourism Department has pledged R11 million to boost struggling Small, Medium and Micro Enterprises (SMMEs) and revive Sabie’s ailing economy. MEC Makhosazane Masilela has announced that the funding will specifically target the revival of the mining and forestry sectors…
[File image] 3 minutes The dollar traded sideways on Tuesday after declining for a week, hemmed in by the Federal Reserve’s caution over the economy and as US lawmakers came closer to passing a bill expected to widen the nation’s fiscal deficit. The greenback sold off broadly on Monday following last week’s downgrade of the US sovereign rating by Moody’s…
[File image] 2 minutes An economist at the North West University says deteriorating infrastructure has negatively affected the province’s economy. Olebogeng Baikgaki’s statement comes amid motorists’ complaints about the poor state of roads in the province. It also comes ahead of the Finance Minister Enoch Godongwana’s third budget, which is expected to be tabled on…
A branch of the SA Post Office Office. 2 minutes The South African Post Office (SAPO) has entered into a R381 million agreement with the Unemployment Insurance Fund (UIF) aimed at preserving jobs and supporting the organisation’s recovery plan. The funding will be provided through the UIF’s Temporary Employer-Employee Relief Scheme (TERS) over a six-month…
Finance Minister, Enoch Godongwana delivers the 2025 Budget Speech before the National Assembly on March 12, 2025. 2 minutes Parliament is set to host the third tabling of the 2025 national budget on Wednesday. The process follows two previous attempts that were halted due to political and legal challenges. The initial budget presentation was cancelled…
Standard and Poor’s 1 minute Rating agency Standard and Poor’s (S&P) has affirmed South Africa’s debt ratings at sub-investment grade of BB minus and BB, and also maintained the positive outlook. In its latest review released last night, S&P says the rating is still constrained by relatively low GDP growth rates, as well as sizable…
Citrus being packed for export 1 minute Agri Western Cape says commercial farmers exporting to the United States of America will be hard hit if the African Growth and Opportunity Act (AGOA) agreement with America is not renewed. President Cyril Ramaphosa is heading a delegation to the US to discuss, among others, trade and tariff…
