Woman holds US dollar banknotes in this illustration taken May 30, 2022. 1 minute Rating agency Moody’s has downgraded the credit rating of the United States from its highest notch, citing a high debt and interest burden that is significantly higher than similarly rated sovereigns. The agency said the one-notch downgrade from AAA to Aa1…
Citrus being packed for export 1 minute Minister of Agriculture John Steenhuisen says his ministry is working on improving relations with the US government, as agriculture is the fabric of South Africa. Speaking at the NAMPO agricultural exhibitions in Bothaville, Steenhuisen says as agriculture contributes directly to the country’s food security, the 49 Afrikaners who…
Deputy President Shipokosa Paulus Mashatile undertakes a walkabout through the exhibitions to witness the best agricultural technologies and products on offer at #NAMPOHarvestDay taking place at NAMPO Park in Bothaville, Free State. 2 minutes Deputy President Paul Mashatile has encouraged unity among South Africans. He has dismissed claims that white farmers are being persecuted and…
President Cyril Ramaphosa delivers the opening address at a government function. 1 minute President Cyril Ramaphosa says it’s all systems go for the National Budget to be presented on Wednesday. Finance Minister Enoch Godongwana is back to the drawing board, crafting a third Budget after the first two attempts failed due to disagreements among members…
Houses seen next to mines. 2 minutes A report released by the Mining Affected Communities United in Action (MACUA) has found that Parliament’s mining portfolio committee and the Department of Mineral and Petroleum Resources (DMPR) have failed to hold mining companies accountable for failing to keep promises made to mining communities. The report titled Looted…
Transport Minister Barbara Creecy. 1 minute Transport Minister Barbara Creecy has welcomed efforts to consolidate existing support for better Broad-Based Black Economic Empowerment (B-BBEE) outcomes. Creecy was speaking at the transport sector engagement session hosted by the Trade, Industry and Competition Department on the proposed transformation fund. The initiative aims to support Black-owned businesses across…
MyCiti bus route expansion from Claremont to Duinefontein. 2 minutes Cape Town Mayor Geordin Hill-Lewis has announced a R10 billion investment to expand the MyCiTi bus service. He visited construction sites in Claremont and Duinefontein, where new routes worth R7 billion are underway. The major routes affected include Imam Haron Road, Stanhope Road, and First…
[File photo] Unemployed people line a street in Cape Town waiting for casual employment 1 minute Minister in the Presidency Khumbudzo Ntshavheni has bemoaned the recently released statistics on unemployment in the country. Statistics SA (Stats SA) reveals that close to 300 000 jobs have been lost between January and March of this year. Youth unemployment…
5 minutes Chinese worker Liu Shengzun lost two jobs in just one month as US import tariffs shot up to triple digits in April, forcing a Guangdong lighting products factory, and then a footwear maker, to reduce output. Tariffs came down dramatically this week, but Liu has given up on factory jobs and is now back farming in his…
E-commerce graphic 1 minute As part of efforts in positioning customs as an economic enabler, South Africa is working on an enhanced e-commerce strategy. Deputy Finance Minister Ashor Sarupen addressed the opening of the 2025 Governing Council of the World Customs meeting in Pretoria hosted by SARS. The World Customs Organisation East and Southern Africa…
