Cautious optimism in South Africa over new laws for Elon Musk's Starlink

Siphelele Dludla|Published

South Africa's Minister of Communications proposes changes to Black Economic Empowerment policies, potentially allowing Elon Musk's Starlink to operate without the ...

Sibanye-Stillwater mineworkers safely return to surface after shaft incident at Kloof 7

Siphelele Dludla|Published

Sibanye-Stillwater confirms the safe return of all 260 employees from the Kloof 7 sub-shaft after a malfunction incident, emphasising their unwavering commitment ...

SA tourism industry pushes back on safety amidst crime narrative from Trump admin

Siphelele Dludla|Published

Amidst rising concerns over crime in South Africa, the tourism industry defends the country’s safety and hospitality, highlighting the positive experiences of millions ...

Transnet gets R51 billion government guarantee boost to continue with recovery plan

Siphelele Dludla|Published

Transport Minister Barbara Creecy has approved a R51 billion guarantee facility for Transnet, aimed at supporting its capital investment programme and addressing ...

Godongwana addresses complexities of budget formulation in challenging political climate

Siphelele Dludla|Published

Finance Minister Enoch Godongwana outlines the challenges faced in formulating South Africa's 2025 Budget amidst a fragmented political landscape, highlighting the ...

Treasury slashes early retirement funding, limiting programme to 15 000 workers

Siphelele Dludla|Published

The National Treasury has significantly reduced the budget for the early retirement programme aimed at civil servants, revising it from R11 billion to R5. 5 billion. ...

Financial markets cheer as South Africa tables its National Budget after third attempt

Siphelele Dludla|Published

The National Treasury plans to cut R68 billion in government spending over the next three years, as outlined by Finance Minister Enoch Godongwana in the 2025 Budget ...

Economists caution against optimism in Treasury's 2025 Budget Review

Siphelele Dludla|Published

The National Treasury has significantly lowered South Africa's GDP growth forecast for 2025, citing a weaker global outlook and increased trade frictions.

Godongwana cuts R68bn from government spending as VAT remains at 15%

Siphelele Dludla|Published

The National Treasury plans to cut R68 billion in government spending over the next three years, as outlined by Finance Minister Enoch Godongwana in the 2025 Budget ...

Government debt projected to hit R6 trillion as South Africa borrows R1. 6 billion daily

Siphelele Dludla|Published

South Africa's public debt is set to rise dramatically, with the government borrowing R1. 6 billion daily amid increasing spending demands. This article explores ...

Treasury slashes SA's GDP forecast for 2025 by 0. 5 percentage points on global headwinds

Siphelele Dludla|Published

The National Treasury has significantly lowered South Africa's GDP growth forecast for 2025, citing a weaker global outlook and increased trade frictions.

Spending habits shift as South Africans adapt to a value-conscious market

Siphelele Dludla|Published

Discover the latest insights from the Absa Merchant Spend Analytics Report for Q1 2025, revealing a cautious consumer mindset in South Africa as card spending growth ...

Pan African Resources warns of illegal mining's impact on local communities after job losses

Siphelele Dludla|Published

Pan African Resources reveals the severe impact of illegal mining and gold theft on Barberton Mines and local communities, following recent retrenchments affecting ...

FSCA moves forward with COFI Bill as concerns mount over bank account terminations

Siphelele Dludla|Published

The Financial Sector Conduct Authority (FSCA) is set to submit the Conduct of Financial Institutions (COFI) Bill to Cabinet, aiming to enhance the regulation of ...

S&P infers South Africa's debt levels could average 80% of GDP, surpassing estimates

Siphelele Dludla|Published

S&P Global Ratings has revised South Africa's economic growth forecast downwards but remains optimistic about the country's reform momentum and fiscal consolidation ...

S&P Global revises South Africa’s growth forecast down but remains optimistic on reforms

Siphelele Dludla|Published

S&P Global Ratings has revised South Africa's economic growth forecast downwards but remains optimistic about the country's reform momentum and fiscal consolidation ...

Standard Bank partners with Metair Investments to restructure R4bn debt

Siphelele Dludla|Published

Standard Bank collaborates with Metair Investments to restructure R4 billion in debt, aiming to enhance financial sustainability and support the South African automotive ...

Cabinet confirms Patrick Dlamini as new CEO of the Public Investment Corporation

Siphelele Dludla|Published

Patrick Dlamini has been appointed as the new CEO of the Public Investment Corporation, following a seven-month global search. With nearly three decades of experience ...

Persisting decline in mining production signals trouble for South Africa’s economy

Siphelele Dludla|Published

South Africa's mining sector is grappling with significant challenges, including a 2. 8% year-on-year production decline and rising electricity costs, threatening ...

Government moves to establish control over artisanal and small-scale mining

Siphelele Dludla|Published

The South African government is set to transform the artisanal and small-scale mining sector with the approval of the Mineral Resources Development Bill of 2025, ...

Cabinet approves landmark Mineral Resources Development Bill for public comment

Siphelele Dludla|Published

The South African Cabinet has approved the Mineral Resources Development Bill of 2025, aimed at reforming the mining sector by enhancing regulatory frameworks and ...

Cabinet confirms Patrick Dlamini as new CEO of the Public Investment Corporation

Siphelele Dludla|Published

Patrick Dlamini has been appointed as the new CEO of the Public Investment Corporation, following a seven-month global search. With nearly three decades of experience ...

South Africa’s small business resilience shown as 80% of small firms grow despite challenges

Siphelele Dludla|Published

Despite facing political and economic challenges, South African small businesses are thriving, with 83% reporting revenue growth and a strong desire to invest in ...

JSE shatters records as global markets celebrate US-China trade deal

Siphelele Dludla|Published

Despite a rise in South Africa's unemployment rate, the JSE has reached a new record high, buoyed by a temporary trade agreement between the US and China

South Africa's avocado industry makes waves with first shipment to China

Siphelele Dludla|Published

Minister of Agriculture John Steenhuisen highlights the successful shipment of South African avocados to China, marking a significant milestone for the industry ...