The rand has depreciated to R18. 78 against the US dollar, reaching its lowest point since February as Parliament narrowly passes the controversial budget with a VAT increase. Meanwhile, the DA plans to challenge the decision in court, highlighting g…
Parliamentary finance committees met to discuss South Africa's economic policies, with COSATU strongly opposing the proposed VAT increase that they argue will harm ...
Explore how South Africa's G20 presidency in 2025 can reshape global economic discussions and enhance the country's logistics network to drive growth.
In its MTBPS document, the Treasury outlined measures needed to optimise Transnet’s capital structure and restore profitability.
South Africa’s average spending on public-sector salaries is well above that of many countries, with the general government wage bill constituting 13. 6% of the ...
The property sector, which was hard hit by the prolonged elevated interest rates in the country has welcomed the Minister’s MTBPS as well as the government’s willingness ...
Many economists predict a cut of 25 basis points will be announced by SARB governor Lesetja Kganyago on Thursday.
Treasury said it noted Fitch’s statement, saying the government’s strategy for fiscal consolidation over the medium term involved exercising expenditure restraint ...
Paballo Vilakazi, the Land Bank Fund Manager for Strategic Funds, announced at Nampo Cape 2024 that the fund would distribute money in tranches, with the Land Bankas ...
In a letter to SAA staff and the broader stakeholder community on Tuesday, SAA interim CEO Professor John Lamola said the State-owned airline was currently executing ...
Ramokgopa said there has been significant progress for South Africa to address technical compliance deficiencies and of the 20 technical compliance requirements, ...
As CEO of IWG plc, the global leader in delivering hybrid work solutions to many of the world's largest (and smallest) businesses, I've had the opportunity to see ...
As companies realise they no longer need old-fashioned, expensive long fixed leases with no flexibility, they are moving towards a hybrid model consisting of a network ...
In the face of a daunting 32. 6% unemployment rate, the need for effective job-matching services is more critical than ever.
Steinhoff was rocked by an accounting scandal in 2017, with audit firm Deloitte confirming the accounting irregularities.
Class of 2023 praised for defying the odds.
The climate was becoming the single most important global economic concern.
The Competition Commission announced last Wednesday that it had entered into a settlement agreement with Standard Chartered, which “admitted liability” and agreed ...
Employees with two to five years of experience typically earn an average of 32% more than entry-level and junior workers.
The union said it was still prepared to engage with the company should there be willingness to meet their demands.