MTBPS: SA to achieve first debt stabilization since 2008 crisis

Siphelele Dludla|Published

Finance Minister Enoch Godongwana announces that South Africa is on track to stabilize government debt by 2025/26 - the first time since the 2008 financial crisis that public debt will not grow as a percentage of GDP. Treasury reports a primary budge…

MTBPS: SA economic growth outlook cut to 1.2% for 2025, Treasury pins hope on reforms

Siphelele Dludla|Published

Finance Minister Enoch Godongwana delivered his Medium-Term Budget Policy Statement (MTBPS) on Wednesday.

MTBPS: South Africa reduces inflation target to 3% to combat rising cost of living

Siphelele Dludla|Published

This new target immediately replaces the previous target range of between 3 and 6% with a midpoint of 4.5%, which has been implemented since 2000.

Watch VideoWatch live: Enoch Godongwana delivers MTBPS

Ashley Lechman|Published

Finance Minister Enoch Godongwana delivered his Medium-Term Budget Policy Statement (MTBPS) on Wednesday.

‘This centre could revitalise SA manufacturing industry’ - Deputy Minister Gina hails UP-WEF partnership on global 4IR centre ...

Partnered Content|Published

Deputy Minister Nomalungelo Gina celebrates the launch of the South African Centre for Industry and Technology (SACIT), the first South African member of the World ...

KZN braces for a bustling winter holiday and record-breaking Durban July

Yogashen Pillay|Published

KwaZulu-Natal is gearing up for a bustling Durban July and winter holiday season, with a projected influx of domestic travellers, exciting cultural events, and significant ...

Goodyear South Africa's restructuring puts over 900 jobs at risk

Yogashen Pillay|Published

Goodyear South Africa has issued a Section 189 notice to workers' unions, putting 900 jobs at risk as it plans to restructure its Uitenhage manufacturing plant. ...

Economic impact of the Comrades Marathon on South Africa

Yogashen Pillay|Published

The 98th edition of the Comrades Marathon promises to significantly boost the economy of KwaZulu-Natal and South Africa, as industry leaders highlight the event's ...

SA Reserve Bank cuts repo rate offering relief to consumers

Ashley Lechman|Published

South African Reserve Bank announces a 25 basis point cut to the repo rate, providing much-needed relief for borrowers. Experts weigh in on the implications for ...

Small black-owned furniture businesses urged to apply to take part in 2025 SME Accelerator

Siphesihle Buthelezi|Published

Discover how South Africa's EFC SME Accelerator offers Black-owned furniture businesses a unique opportunity to connect with major retailers and expand their reach ...

South Africa's budget 3.0: A year of fiscal upheaval and strategic changes

Ashley Lechman|Published

As the months slip into May, the fiscal landscape continues to evolve, presenting both challenges and opportunities for the economy.

BUDGET: SA Canegrowers welcomes no increase in sugar tax

Ashley Lechman|Published

The association said it believes that Treasury should scrap the tax, to help ensure that government drives job creation and economic growth, as per its commitments ...

Cosatu critiques Finance Minister's Budget as insufficient for economic growth

Ashley Lechman|Published

Cosatu expresses concerns over Finance Minister Enoch Godongwana's Budget, highlighting the need for more support for low-income earners and a call for a national ...

Read Finance Minister Enoch Godongwana's full budget speech here

Enoch Godongwana|Published

South Africa's Finance Minister, Enoch Godongwana delivered his Budget speech on Wednesday. Read his full speech here.

Finance Minister Enoch Godongwana announces third Budget speech date

Yogashen Pillay|Published

Finance Minister Enoch Godongwana announced the date for the third Budget speech, highlighting the impact of recent VAT discussions and the importance of coalition ...

Jonas’s US envoy role under spotlight as MTN’s anti-terrorism lawsuit lingers

Edward West|Published

MTN Group is embroiled in a high-stakes lawsuit under the US Anti-Terrorism Act, coinciding with the controversial appointment of Mcebisi Jonas as South Africa's ...

MTN denies Anti-Terrorism Act lawsuit

Staff Reporter|Published

In a statement, MTN said it noted the article suggesting that there are new legal developments in the US regarding MTN.

Passion to profession: how Nadia Koegelenberg built a thriving pet photography business

Ashley Lechman|Published

Nadia Koegelenberg, founder of Moonrise Creative Studio, shares her journey of combining her love for animals and photography into a successful pet photography business ...

'Liberation Day' tariffs paused by Trump, but not for China

Ashley Lechman|Published

The US President said that he would be pausing all tariffs imposed on various nations that he announced last week, however, doubled down on China's tariffs and announced a ...

Political tensions rise as Budget narrowly passes with VAT Hike, set to be challenged in court

Ashley Lechman|Published

The Government of National Unity faces its biggest test as the narrowly-passed National Budget with its controversial VAT increase sparks political tension. With ...