Consumer prices hit four-month high: Statistics SA
Bad news for consumers as prices rise to a four-month high.
‘Fiscus unable to fund needed climate-resilient infrastructure’
EU signs R40-million funding agreement for South Africa as part of Economic Development scheme
Government aims to address requirements to get SA out of greylisting
The government says South Africa has managed to address five out of the 22 action items required to
PSC says late payment by govt adversely affecting suppliers
Public Service Commissioner Anele Gxoyiya briefed the media in Pretoria.
SA economy narrowly avoids technical recession
The country’s Gross Domestic Product (GDP) grew by 0,6 percent.
SA may have averted technical recession in Q4 of 2023: Analysts
Analysts suggest that South Africa may have managed to avoid a technical recession.
ANC sub-committee plans to deal with impact of high inflation
ANC sub-committee will be implementing various interventions to alleviate the impact of inflation.
Increasing domestic savings, energy capacity will create jobs: ANC
The ANC has detailed plans on how the party intends to create jobs.
Treasury expects SA’s economy to grow by 1.3%
The revision is due to the blackouts and the country experiencing an energy crisis.
Eskom’s debt-relief arrangement on schedule: Godongwana
Of the R78-billion allocated in the first year, R4 billion has been provided to Eskom.
Treasury to withdraw R150 bln from Contingency Reserve Account
Treasury says the funds will be used to reduce borrowing and debt-servicing costs.
Debt servicing costs more than 20 percent of revenue: Godongwana
“The higher budget deficit means that debt-service costs in 2023/24 have been revised higher.”
Govt’s finances will remain constrained: Economist
Economist says government’s finances will remain constrained as SA’s economy grows below 1%.
Statistics South Africa to release the fourth quarter job numbers
Statistics South Africa releases the fourth quarter job numbers this morning.
Primedia agrees to pay R2.7 mln in penalties over price fixing
The Competition Commission has revealed that advertising media company Primedia has agreed to pay
Eskom reduces load shedding stages
Eskom says stage five blackouts will continue to be implemented until 5am on Tuesday.
SONA did not provide solutions for current economic challenges: Roodt
SONA was reflective of past achievements since the democratic dispensation
Pick n Pay recalls three peanut butter brands over aflatoxin concerns
Pick n Pay recalls three brands of peanut butter due to elevated aflatoxin levels
Deadline looms for applications to operate national lottery
The license held by Ithuba, the current operator, comes to an end in May.
Inflation, high interest rates erode average take-home pay
The BankservAfrica Take-home Pay Index has painted a bleak picture for 2023.