A vehicle at a petrol station being filled 1 minute The Department of Mineral Resources (DMR) has released the new fuel prices following the dismissal of the Economic Freedom Fighter’s fuel levy challenge. The party had argued that Finance Minister Enoch Godongwana took an incorrect approach in his decision to propose an increase in the…
Statistician Risenga Maluleke engaging with Limpopo government officials. 1 minute South Africa’s economy had a marginal 0.1% growth in the first quarter of this year. This follows a downwardly revised increase of 0.4% in the fourth quarter of 2024. Statistics South Africa’s newly released data shows that contributions to the growth came from agriculture, forestry…
Person holding South African money. 1 minute Standard Bank economist Dr Elna Moolman expects the economy not to have grown in the first quarter of this year. This comes after South Africa’s economy grew by 0.6% in the final quarter of last year, helping to avoid a recession. Statistics South Africa will today release the…
Mine workers stand underground at Gold Fields’ South Deep mine, south-west of Johannesburg, South Africa October 12, 2022. 1 minute The latest economic wrap-up for May 2025 from Stats SA shows decline in mining and manufacturing year-on-year in the first quarter of 2025, as unemployment grew to 32,9% and consumer price inflation remained below three…
Unemployed youth seeking work on roadside 1 minute Unemployment among the youth is unlikely to show any improvement unless employers change their approach in their recruitment processes. This as many employers are prioritizing experience as a prerequisite while hiring young people. The latest unemployment figures indicate that unemployment rate increased by one percentage point to…
The Economic Freedom Fighters (EFF) Treasurer-General, Omphile Maotwe speaks to the party’s counsel, Adv. Mfesane Ka-Siboto at the Western Cape High Court in Cape Town ahead of proceedings challenging the proposed 4% increase in the fuel levy on June 3, 2025. 1 minute The People against Petrol and Paraffin Price Increases have expressed support for…
[File Image]: A service station in South Africa. 2 minutes The Organisation Undoing Tax Abuse (OUTA) says the Economic Freedom Fighters’ (EFF)’s case against an increase in the general fuel levy is not strong. The Western Cape High Court is today expected to hear the EFF’s urgent application against the increase. Finance Minister Enoch Godongwana…
Former Mauritanian Finance Minister Sidi Ould Tah elected president of the African Development Bank (AfDB) 1 minute Finance Minister Enoch Godongwana says he is looking forward to working with the newly elected African Development Bank (AfDB) Group President- elect Sidi Ould Tah, who won with over 70 percent of the votes. Tah was backed by…
Lottery balls 2 minutes The National Lotteries Commission (NLC) has failed to convince the High Court in Pretoria to allow Ithuba to be granted a temporary licence of 12 months while the new operator Sizekhaya is still preparing to take over. The NLC has argued that that unless the incumbent operator Ithuba is given 12-month…
Fuel pump for diesel and petrol 1 minute The Department of Mineral Resources and Energy is expected to announce its latest fuel price adjustment before midnight tomorrow. According to preliminary reports by the Department’s Central Energy Fund, the price of petrol expected to come down in June by 19 cents and diesel by 50 cents…
