1 minute The Western Cape Minister of Finance, Deidré Baartman, is tabling the 2025/26 Provincial Budget today. The provincial budget is tabled amid significant fiscal constraints, as national finances remain limited. LIVE STREAM:
Pension jar 2 minutes The Auditor General’s office with the assistance of some pension fund administrators have embarked on an investigation to hold senior municipal officials who have contravened Section 38 of the workers pension fund act accountable. About 100 municipalities across the country were found to have violated the act. Most of them allegedly…
Electricity Minister Kgosientsho Ramokgopa speaking at the 60th anniversary of the country’s first nuclear reactor SAFARI 1 on 25 March 2025. 1 minute Electricity Minister Kgosientsho Ramokgopa says the country will need more than R60 billion to bolster its nuclear program at the South African Nuclear Energy Corporation. He says an initial investment of R1.2…
Workers assemble a vehicle as operations begin after flooding in April shut down the Toyota South Africa Motors plant in Durban on August 16, 2022. 2 minutes Business and labour are concerned about the impact the loss of the Africa Growth and Opportunity Act (AGOA) could have on the automotive sector. They convened for the…
A customer looks at a till receipt. 2 minutes A study by local payment-clearing house, BankServ Africa, shows that the slowdown in inflation has boosted salary earners’ buying power. It shows that Real Take-Home Pay, adjusted for inflation, increased by 0,9% on a monthly basis in February. The BankServ Africa Take-home Pay Index (BTPI) tracks…
Sabric says scammers are using deep fake videos. 1 minute The South African Banking Risk Information Centre (Sabric) has noted a rise in scammers using sophisticated artificial intelligence (AI) duping many into losing millions of rands. It says South Africans are being targeted by AI-driven scams where fraudsters impersonate bank officials, create fake applications and manipulate social…
[File photo] 1 minute President Cyril Ramaphosa has affirmed his support for more stakeholder engagements on the new regulations banning the production, import and sale of any foods containing cannabis and hemp products. This is after the Health Department gazetted a notice earlier in the month prohibiting the selling, manufacturing and importing of cannabis food…
Finance Minister Enoch Godongwana. 2 minutes African National Congress (ANC) Deputy President Paul Mashatile says he is confident that a solution will be found with the current impasse in passing the budget. Mashatile spoke to SABC News in Alexandra, Johannesburg today. Political parties like the Economic Freedom Fighters (EFF), Democratic Alliance (DA) and ActionSA have…
2 minutes Opposition parties in Limpopo have cautioned against what they say is the mismanagement of funds allocated to various departments in the province. Limpopo MEC for Finance, Kgabo Mahoai tabled the Medium-Term Expenditure Framework (MTEF) for the 2025 and 2026 financial year at the provincial legislative chambers in Lebowakgomo. The total budget allocation for…
South African bank notes and coins. 2 minutes There were mixed reactions by opposition parties over the province’s budget tabled in the KwaZulu-Natal legislature today. MEC for Finance, Francois Rodgers, presented the provincial budget of R158,8 billion. He said they had to acknowledge that historic budget cuts had put immense strain on the provincial fiscus….
