Agri-SA appeals for financial aid as drought impacts agricultural sector

12 November 2019, 5:05 PM
Agri-SA says the agricultural sector is facing tough financial times because of the ongoing drought. Farmers are planting less, livestock is dying and jobs are being lost
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Eskom inquiry moved to next week 28 November 2017, 6:44 AM

The inquiry into the mismanagement of funds and allegations of state capture at Eskom will not sit this week.

Eskom inquiry postponed by a week 27 November 2017, 9:09 PM

Parliament announced on Monday that the inquiry into the mismanagement of funds at state power utility Eskom will not sit this week, but would resume the following week.

Businesses urged to give job seekers a chance 27 November 2017, 5:18 PM

A summit aimed at discussing possible solutions to address the increasing rate of unemployment in South Africa kicked off in Johannesburg on Monday.

Entrepreneurs discuss SA’s inclusive economic growth 27 November 2017, 4:41 PM

A think tank of South African entrepreneurs has come together at the UKZN's Graduate School of Business in Durban, to unpack the challenges facing South Africa achieving inclusive economic growth.

Zuma calls for action after S&P downgrade, rand up on Moody’s reprieve 27 November 2017, 4:31 PM

President Jacob Zuma called for concrete measures to boost growth after S&P Global Ratings downgraded the local currency debt to sub-investment grade, while foreign currency debt was pushed deeper into "junk" territory.

SARS prevents R2.7 billion in fraudulent claims 27 November 2017, 11:31 AM

The South African Revenue Service (SARS) prevented R2.7 billion in fraudulent claims in the Personal Income Tax environment during the 2017 tax season.

SA not creating enough jobs: Baur 27 November 2017, 9:52 AM

Credit ratings agency S&P Global downgraded South Africa's rating to full junk status on Friday, while Moody's has placed the country on review for downgrade.

Witnesses in Eskom enquiry should get protection: Committee 27 November 2017, 8:15 AM

Parliament's Committee on Public Enterprises says those being subpoenaed to appear before the inquiry into state capture allegations at Eskom as well as witnesses and their families should be afforded protection services.

N Cape Incubator developed to equip graduates with skills 26 November 2017, 7:30 PM

A first of its kind a rapid incubator, to develop and nurture new and small businesses has been launched at Upington in the Northern Cape.

Youth should help turn country’s economy around: Ramaphosa 26 November 2017, 2:35 PM

African National Congress (ANC) deputy president, Cyril Ramaphosa has urged young people to be part of turning the country's economy around.

Rating downgrades will have catastrophic impact on SA: BASA 25 November 2017, 6:00 PM

The decision by rating agency S&P Global to downgrade South Africa’s long-term local currently rating and the long-term foreign currency debt has serious consequences for the poorest of the poor the Banking Association of South Africa said on Saturday.

SA to outline “decisive” policy in 2018 after debt rating cut 25 November 2017, 3:29 PM

South Africa will use its annual budget next year to outline “decisive” policy to strengthen its fiscal framework, the finance ministry said on Saturday after S&P Global Ratings cut its local currency debt to "junk" status.

Govt committed to addressing growth structural constraints: Treasury 25 November 2017, 10:22 AM

The South African government is committed to addressing the structural constraints to growing the economy and improving public finances, and restoring business and consumer confidence and catalysing inclusive growth are the top priorities, the National Treasury said on Saturday.

Treasury to launch inquiry to determine revenue gap causes 25 November 2017, 7:20 AM

National Treasury says a judicial commission of inquiry will be established to look at the root causes of the revenue gap.

Sars optimistic it will meet tax collection target 24 November 2017, 9:32 PM

South African Revenue Service (Sars) says it is optimistic that it will meet the revised tax collection targets.

New Prasa board promises to resolve issues of mismanagement 24 November 2017, 9:27 PM

Newly-appointed board of Passenger Rail Agency of South Africa (Prasa) has promised Parliament that it will move fast to resolve issues of mismanagement and state capture.

Parliament applauds progress at SABC 24 November 2017, 8:22 PM

Parliament's adhoc committee has commended the work done by the newly-appointed SABC board. 

EThekwini municipality launches a foreign direct investment strategy 24 November 2017, 3:05 PM

The eThekwini municipality has launched a foreign direct investment strategy, geared at creating job opportunities and economic growth for the city and KwaZulu-Natal as a whole.

Economists divided on SA’s possible downgrade 24 November 2017, 11:25 AM

Economists are divided on whether South Africa will be downgraded further on Friday.

Midnight rush for Black Friday 24 November 2017, 5:52 AM

Black Friday is set to have consumers in a shopping frenzy as large retailers and online stores drop their prices at alarming rates.

NCR warns consumers against Black Friday 23 November 2017, 8:57 PM

Black Friday is set to have consumers in a shopping frenzy as large retailers and online stores drop their prices at alarming rates.

Fitch affirms South Africa at ‘BB+’; Outlook stable 23 November 2017, 7:25 PM

Ratings firm Fitch has kept both South Africa's local and foreign currency credit ratings unchanged, one notch below investment grade, with a stable outlook.

Zimbabwe’s economic situation ‘very difficult’: IMF 23 November 2017, 7:24 PM

Zimbabwe’s economic growth is threatened by high government spending, an untenable foreign exchange regime and inadequate reforms, a senior International Monetary Fund (IMF) official said. Zimbabwe was once one of Africa’s most promising economies, but suffered decades of decline as former President Robert Mugabe pursued policies that included the violent seizure of white-owned commercial farms […]

Western Cape tables its Medium-Term Budget 23 November 2017, 7:17 PM

The province of the Western Cape says it’s planning for a 10% shortfall in its annual budget as a result of the R50 billion tax under collection announced by SARS earlier this month.

Poor governance is leading to more job losses:Reserve Bank 23 November 2017, 7:02 PM

The South Africa Reserve Bank says the poor state of government finances points to more job losses in the public sector.

Repo rate remains unchanged 23 November 2017, 3:23 PM

The SARB's MPC has announced that the left its repo rate unchanged decision on Thursday.

[WATCH] Interest rate announcement 23 November 2017, 3:04 PM

The South African Reserve Bank’s Monetary Policy Committee (MPC) will announce its rate decision on Thursday. Economists expect the MPC to leave rates unchanged. The MPC is meeting on the back of inflation slowing down and low economic growth environment. Other factors leading to interest rates being kept unchanged include, the rand’s sharp depreciation since […]

Union calls on Molefe to pay back pension money 23 November 2017, 2:45 PM

Trade union Solidarity has called on former Eskom CEO Brian Molefe to pay back the pension money he received from the power utility or face criminal charges.

NUM signs three-year wage deal in coal sector 23 November 2017, 9:24 AM

The National Union of Mineworkers has agreed a three-year wage agreement with coal producers, averting a sector-wide strike that could have impacted power supply.

SABC wants MultiChoice deal review 23 November 2017, 8:48 AM

SABC board member, Michael Markovitz, says regulations on free-to-air television channels have had a concerning impact on the public broadcaster from a revenue point of view.