2 minutes Prices of canned pilchards, maize and eggs have come down, while sunflower oil remains at its highest since 2021. According to the Competition Commission Essential Food Price Monitoring Report, which tracks selected food prices throughout the value chains, some food prices have started falling, albeit modestly. The commission says this is a positive…
Reserve Bank Governor Lesetja Kganyago. 1 minute Reserve Bank Governor, Lesetja Kganyago, has defended the bank’s inflation targeting, saying it has served the South African economy well. He has also strongly argued that the current 3% to 6% six inflation targeting should be lowered. Kganyago says since the adoption of inflation targeting 25 years ago,…
[File image] Johannesburg Stock Exchange (JSE) in Sandton 1 minute The Johannesburg Stock Exchange (JSE) says it is now more accessible to ordinary South Africans through its launch on the Standard Bank-powered Shyft app. It says this will give people an opportunity to invest in shares like Capitec, Sasol and Anglo Ashanti without needing an…
The Gautrain, Marlboro station 1 minute The Gautrain Management Agency is looking at different ways to make its service more affordable to the public. This is in response to declining commuter numbers, which the agency ascribes to the work-from-home and hybrid models that companies implemented during COVID-19. The agency says it is also considering extending…
The Standing Committee on Appropriations Chairperson and BOSA leader, Mmusi Maimane delivers pre-budget remarks at Parliament in Cape Town on March 10, 2025. 2 minutes Build One South Africa (BOSA) has confirmed that the African National Congress (ANC) has approached the party to request a meeting on the national budget, which Parliament is set to…
File image: Farmer holds an armyworm. 1 minute The Free State Department of Agriculture says 70 known cases of armyworms have been reported in the Xhariep district in towns including Petrusburg, Jacobsdal and Koffifontein. Thirteen more cases were also reported in the Lejweleputswe District – 11 in Boshoff, one in Deasville and one in Hertzogville…
The Western Cape Minister of Finance, Deidré Baartman speaks at the Provincial Budget and Governance Forum in Swellendam on December 9, 2024. 1 minute The Western Cape Minister of Finance, Deidré Baartman, is expected to table the 2025/26 Provincial Budget this morning. The budget will be tabled amid significant fiscal constraints, as national finances remain…
Signage seen at an Ithala Bank branch. 1 minute The MEC for Economic Development, Tourism and Environmental Affairs in KwaZulu-Natal, Reverend Musa Zondi says a regulatory technicality should not stand in the way of saving iThala from collapse. Zondi took part in a debate in the National Council of Provinces. Founded in 1958, the aim…
The Mineral Resources Department earlier announced an increase of R1,21 cents a litre for petrol with diesel increasing by R1, 48 cents a litre. 2 minutes Companies in the fuel industry that are selling contaminated diesel or petrol must be shut down by the government, according to the chairperson of the Portfolio Committee on Mineral…
Public Works Minister Dean Macpherson. 2 minutes Lobby group Black Forum South Africa has threatened to take Public Works Minister Dean Macpherson to court if he proceeds with the appointment of five new board members to the Independent Development Trust (IDT). The forum says the appointment of the five was flawed and has demanded that…
