Fitch casts doubt on South Africa’s budget optimism and highlighting SOE funding gaps.
By Lehlohonolo Lehana. Fitch Ratings believes the revised revenue projections and the deficit for fiscal year 2024/25 are “optimistic” and says
Business
PwC’s post-National Budget panel discussion 2024.
By Lehlohonolo Lehana. Photo Credit: Nigel Sibanda. Budget 2024 avoided direct tax increases but a lack of inflation adjustments to
Meetings Africa 2024 showcases 20 sustainable brands at Vibrant Sustainability Village.
Partner Content. Meetings Africa proudly unveils the diverse lineup of 20 vendors set to showcase their unique and sustainable products
South Africa’s consumer inflation climbs to 5.3%, more than forecast.
By Lehlohonolo Lehana. The Annual consumer price inflation rose to 5.3% in January from 5.1% in December last year, the
Godongwana’s Budget inflicts pain in consumers to shoulder burden of 15bn revenue.
By Lehlohonolo Lehana. After much speculation about where and how the government was planning to raise an additional R15-billion in
South Africa goes for Gold, taps Reserves to steady its eye-watering debt.
By Ntando Thukwana and S’thembile Cele. Finance Minister Enoch Godongwana tapped the country’s gold and foreign-exchange reserves to steady its
South Africans to pay more for beer, wine and cigarettes.
By Lehlohonolo Lehana. Finance Minister Enoch Godongwana in his 2024 Budget Speech announced, sin taxes on alcohol will rise by
Amplats to layoff 3,700 workers as part of restructuring across its mines.
By Lehlohonolo Lehana. Anglo American Platinum (Amplats) announced on Monday, it has commenced a Section 189A process that is likely to
Telkom provides an update on its potential sale of R8.7 billion Swiftnet.
By Lehlohonolo Lehana. Telecommunications group Telkom has provided an update on its potential sale of Swiftnet today, saying it is
Reuel Khoza buys stake in Flanagan & Gerard Property Group.
By Lehlohonolo Lehana. Former Eskom chairman and distinguished businessman Reuel Khoza has become a shareholder in shopping centre investor and developer
Mining production surges slightly in the fourth quarter.
By Lehlohonolo Lehana. The latest data from the Minerals Council South Africa is showing that the mining sector’s contribution to the
Governor Lesetja Kganyago roots for central bank independence.
By Ntando Thukwana. South African Reserve Bank Governor Lesetja Kganyago defended the independence of the monetary authority, which has faced