Minister Enoch Godongwana delivering the budget speech in 2024. There is speculation that Finance Minister Enoch Godongwana may formally announce a new inflation target at the upcoming Medium-Term Budget Policy Statement. Recently, ratings Agency Fitch said it expected the National Treasury to reveal the new inflation target, which the Reserve Bank would then have to…
The logo of the G-20 South Africa 2025 seen during a press briefing. The Gauteng Tourism Authority says the industry is set to benefit massively from the upcoming G20 Summit, scheduled to take place in Johannesburg later this month. It says some of the hospitality facilities have already registered full bookings as the summit draws…
The Western Cape government says a recently held investment summit in Cape Town is expected to create around 45 000 jobs. Premier Alan Winde says they’ve entered into a new international partnership with the Paris Region, focusing on technology, tourism, and creative industries. He says more than 200 investment-ready projects were also showcased. Winde says…
South Africa will be hosting the G20 World Leader’s Summit later this month. As global leaders prepare to convene for the G20 Summit in Johannesburg later this month, a spotlight has been put on South Africa’s entrepreneurial community. Local business leaders have been challenged to not only participate in the global conversations, but to help…
A Shein logo is seen as customers shop in the first physical space of Chinese online fast-fashion retailer Shein on the day of its opening inside the Le BHV Marais department store, the Bazar de l’Hotel de Ville, in Paris, France The French Finance Ministry on Friday halted the suspension proceedings of Chinese online retailer Shein initiated two days ago after the…
Citrus Growers Association say SA is the second largest exporter of citrus fruit in the world. Citrus Growers’ Association CEO, Boitshoko Ntshabele, says South Africa’s citrus industry has recorded its strongest export season to date. He says growers packed over R200 million cartons for international markets, a 22% increase from last year. Dr Ntshabele says…
[FILE IMAGE]: A branch of mobile communications provider Vodacom in Cape Town is shown in this picture taken November 10, 2015. Vodacom has posted a 32.3% increase in interim profit with improved earnings. However, despite strong financials from the group, a multi-million rand once-off payout to Nkosana Makate in relation to the “Please Call Me”…
The logo of the G-20 South Africa 2025 during a press briefing. Gqeberha has hosted three G20 Working Group meetings this year. The first one was the Employment Working Group meeting in February, which tackled challenges around youth employment and the digital future of the workforce. The second was the Digital Economy Working Group in…
[File photo] Tesla Chief Executive Officer Elon Musk gets in a Tesla car Businessman Elon Musk has clinched the largest corporate pay award in history. This after shareholders of Musk’s electric car company Tesla approved his record-breaking one-trillion-dollar or more than R17 trillion pay package. Musk, who is also CEO of SpaceX and xAI, threatened…
Nkosana Makate , ‘Please Call Me’ originator speaking to SABC News Analysts have estimated that the out-of-court settlement between Vodacom and ‘Please Call Me’ originator Nkosana Makate is likely to be less than 1% of the group’s annual revenue. The mobile operator announced on Wednesday that the matter had been settled after 18 years of…
