A view of the ICC in Durban during Africa’s Travel Indaba in Durban 2 minutes Exhibitors from across the globe say they are excited and ready for the start of this year’s edition of Africa’s Travel Indaba in Durban. Over 1 300 exhibitors are expected to participate in the three-day summit held at the Inkosi…
A container ship docked at a port 2 minutes President Cyril Ramaphosa has urged the private sector to engage with the African Continental Free Trade Area (AfCFTA). The trade agreement aims to accelerate trade across the continent and strengthen its position in the global market. Speaking at the Africa CEO Forum in Abidjan, Ivory Coast,…
[File photo] People who lost their jobs wait in line to file for unemployment benefits, following an outbreak of the coronavirus disease (COVID-19), at Arkansas Workforce Center in Fort Smith, Arkansas, US. 1 minute South Africa’s official unemployment rate increased by one percentage point to 32.9% in the first quarter of 2025. This is according…
View from the top of the “Chamber of Mines” building in the central business district of Johannesburg, Gauteng, November 15, 2017. 2 minutes The Gauteng Provincial Government has reported an underspending of R1.8 billion at the end of the 2024/25 financial year. The Departments of Health and Education accounted for 58% of the unspent funds,…
Finance Minister Enoch Godongwana holds a press conference at the G20 Media Centre in Cape Town on February 27, 2025. 1 minute Finance MECs and Finance Minister Enoch Godongwana are expected to meet in a Budget Council today ahead of the National Budget announcement next week. Last month, the National Treasury announced its decision to…
SAMWU to appeal Labour Court ruling on wage increases. 2 minutes The South African Municipal Workers’ Union (SAMWU) has vowed to challenge a Labour Court ruling that exempts the City of Tshwane from increasing its employees’ salaries as collectively negotiated in the Bargaining Council. The judgment, delivered by Judge Sean Snyman on Friday, remits the…
A person looking for a job. 1 minute Economist at Nedbank Group Economic Unit, Johannes Khosa, expects a slight deterioration in the first quarter employment numbers for 2025 today. Stats SA is set to release the Quarterly Labour Force Survey. The results of the previous survey showed a slight improvement in South Africa’s employment landscape,…
File image: Africa’s Travel Indaba at the Inkosi Albert Luthuli International Convention Centre in Durban. 1 minute The 2025 Africa’s Travel Indaba is expected to be officially opened today at the Inkosi Albert Luthuli International Convention Centre in Durban. This year’s event is held under the theme “Unlimited Africa” with the aim of making a…
Gauteng-Legislature 1 minute The Gauteng Provincial Government says it is not yet in a position to confirm whether its budget will be maintained or withdrawn ahead of a third attempt at tabling the National Budget next week. Gauteng MEC for Finance and Economic Development Legobang Maile earlier announced that the provincial government underspent by R1.8…
Mining production has decreased by 9.6% year-on-year for February 2025. 2 minutes The latest economic wrap-up for April 2025 from StatsSA shows a mixed bag, such as year-on-year declines in sectors including mining, manufacturing, and road passenger transport and increases in sectors including electricity generation, passenger rail transport, and income from tourist accommodation. Mining continues…
