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The Gauteng Provincial Government says it is not yet in a position to confirm whether its budget will be maintained or withdrawn ahead of a third attempt at tabling the National Budget next week.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…
1 minute Treasury Secretary Scott Bessent said on Sunday that there had been “substantial progress” in talks between his team and that of Chinese Vice Premier He Lifeng in Geneva on defusing a trade war between the world’s two largest economies. Bessent said he would give more details on Monday, while US Trade Representative Jamieson…
1 minute The South African Municipal Workers Union (SAMWU) has condemned the possible dismissal of nearly 400 suspended Ekurhuleni Metro Police officers, following their participation in an unprotected strike in March. The officers used state vehicles to block highways, demanding increased pay and improved working conditions. The union has described the consequence management as draconian…
A street money changer counts South African rands. 2 minutes The National Union of Metalworkers of South Africa (Numsa) says it condemns the bosses at Venus Security for allegedly failing to pay workers their salaries. The union says the last time workers received their salary was in February this year and have not received a…
