‘SARB unlikely to hike interest rates despite increased inflation’
Higher food and fuel prices were the main drivers of inflation in October.
Durban Port congestion raises concerns about costs to consumers
RFA says congestion at the Durban port is expected to result in supply chain disruption costs
Despite tax revenue growth, refunds undermine SARS collections
SARS has processed 27 million tax returns using machine learning algorithms.
Over R200 billion lost to fiscus due to Eskom, Transnet: SARS
SARS Commissioner says Eskom’s inefficiencies and Transnet are costing the fiscus over R200 billion
Additional strict conditions added to Eskom’s debt-relief arrangement
Enoch Godongwana may reduce the debt relief available to Eskom.
Economic growth revised down to 0.8% for 2023
The National Treasury has revised down the country’s economic growth forecast from 0.9% to 0.8% .
Tax revenue shortfall of around R50 billion expected this year
Finance Minister Enoch Godongwana is expected to deliver a gloomy budget.
Godongwana has to keep a ‘tight lid’ on spending: Economist
Analysts say government’s finances are under increased pressure.
“White farmers, market agents still operate along racial lines”
Competition Commission hears that white farmers and market agents still operate along racial lines.
Eskom introduces new prepaid meter system
Eskom will introduce a new series of electricity vendor codes for all prepaid meters
Bad news for SA consumers as inflation ticks up
There is bad news for consumers with inflation ticking up by 0.6% in September.
RAF under scrutiny over draft bill ostracizing foreign nationals
The RAF new draft bill proposes to exclude foreign nationals from claiming compensation.
Access to basic services shows upward trend: Stats SA
80% of households in the country has access to piped water.
Rising municipal debt undermining Eskom’s liquidity: Ramokgopa
The Electricity Minister says rising municipal debt is undermining Eskom’s liquidity.
Sigh of relief for indebted consumers as repo rate remains unchanged
Indebted consumers can breathe a sigh of relief as the Reserve Bank’s Monetary Policy Committee
Interest rates likely to remain unchanged: Economist
Independent economist, Elise Kruger, says the Reserve Bank’s Monetary Policy Committee is likely to
Unions to discuss measures to counter potential job losses at Sibanye Stillwater
Unions say they will be discussing transfer options and other avoidance to mitigate the impact of
UN Gender Forum highlights measuring unpaid care work for policy development
Speakers at the 9th United Nations Global Forum on Gender Statistics in Sandton have highlighted the
BRICS Trade Fair highlights green manufacturing for economic growth
Delegates at the Manufacturing Forum at the BRICS Trade Fair in Midrand heard that BRICS partners
Sigh of relief for consumers as CPI eases to 5.4%
Consumers can breathe a sigh of relief as the Consumer Price Inflation (CPI) eases from 6.3% in May