A farming tractor. 1 minute Agriculture Minister John Steenhuisen says the country should push for meaningful participation of black businesses in the agriculture sector. He says it’s unacceptable that in the country’s 31-year democracy, only 10 percent of farmers are black. Steenhuisen was among Cabinet Ministers who delivered an address at the Black Business Council…
Goodyear manufacturing plant 1 minute The Nelson Mandela Bay (NMB)Business Chamber in the Eastern Cape, says lack of basic enablers and the possible United States tariff policy to be imposed have been a major threat to the manufacturing industry in the country. This follows the news that the tyre manufacturing company, Goodyear, has initiated Section…
Public Service and Administration Minister, Chief Mzamo Buthelezi speaks at an International Womens’ Day event on March 10, 2025. 3 minutes Public Service and Administration Minister Chief Mzamo Buthelezi says the department is compiling a comprehensive report to determine the financial costs of ghost employees. This comes after Finance Minister Enoch Godongwana highlighted the financial…
South African R100 notes. 1 minute The Business Confidence Index (BCI) produced by Rand Merchant Bank and the Bureau for Economic Research has declined by five points to reach 40-points in the second quarter of 2025. This implies that only four out of 10 business respondents in the most cyclically sensitive sectors of the economy…
Natural gas pipeline 2 minutes Members of Parliament’s Electricity and Energy Portfolio Committee, as well as stakeholders in this industry, have expressed concern about South Africa’s impending gas supply challenge which could take place in the middle of 2028. Entities like the Central Energy Fund, Sasol, the South Africa Oil and Gas Association and Business…
Reserve Bank Governor, Lesetja Kganyago. 2 minutes Governor Lesetja Kganyago says the Reserve Bank’s fight against inflation is starting to yield positive outcomes, bringing about relief for consumers facing economic pressures. Kganyago led the SARB Forum on an engagement with members of the community in Soweto, following the announcement of an interest rate cut by…
NUM North East Region marches against retrenchments on in Rustenburg, North West on May 25, 2025. 1 minute The National Union of Mineworkers (NUM) members at Samancor’s Waterkloof Operations in Rustenburg will today march to the company’s offices in North West, as the strike enters its second week. The workers are demanding that the company…
1 minute The Black Business Council is hosting the Black Business Annual Summit this week. Several cabinet ministers are expected to address the event including ministers of Agriculture, Health, Trade and Industry and Public Works. LIVE STREAMS:
Petrol station in South Africa. 2 minutes According to preliminary reports by the Department of Mineral Resources’ Central Energy Fund (CEF), the price of petrol was expected to come down by 19-cents and diesel by 50-cents per litre this month. However, due the general fuel levy hike recently announced by the Minister of Finance Enoch Godongwana,…
A sign with unemployment written on it. 1 minute Unemployed women in Diepkloof, Soweto, say they continue to feel the pinch of unemployment and are losing all hope that they will one day be economically active. This as women continue to be the least employed when compared to their male counterparts. The first quarter labour…
