Category: BUSINESS
Unemployment rises to 32.9% in first quarter of 2025 – SABC News
South Africa’s official unemployment rate increased by one percentage point to 32.9% in the first quarter of 2025. This is according to data released by Statistics South Africa (Stats SA).
Read MoreGauteng underspends by R1.8 billion in 2024/25 financial year – SABC News
The Gauteng Provincial Government has reported an underspending of R1.8 billion at the end of the 2024/25 financial year. The Departments of Health and Education accounted for 58% of the
Read MoreGodongwana to meet Finance MECs ahead of Budget Speech – SABC News
Finance MECs and Finance Minister Enoch Godongwana are expected to meet in a Budget Council today ahead of the National Budget announcement next week. Last month, the National Treasury announced
Read MoreSAMWU to challenge Labour Court ruling on Tshwane wage increase – SABC News
The South African Municipal Workers’ Union (SAMWU) has vowed to challenge a Labour Court ruling that exempts the City of Tshwane from increasing its employees’ salaries as collectively negotiated in
Read MoreStats SA to release its quarterly labour force survey results – SABC News
Economist at Nedbank Group Economic Unit, Johannes Khosa, expects a slight deterioration in the first quarter employment numbers for 2025 today. Stats SA is set to release the Quarterly Labour
Read MoreAfrica’s Travel Indaba officially opens in Durban – SABC News
The 2025 Africa’s Travel Indaba is expected to be officially opened today at the Inkosi Albert Luthuli International Convention Centre in Durban. This year’s event is held under the theme
Read MoreTransnet turnaround will rely on engineering division: Mabunda – SABC News
Transnet says the entity’s turnaround will largely rely on its engineering division as an original equipment manufacturer. The entity held a stakeholder ceremony to outline its engineering strategy and boost
Read MoreINFOGRAPHIC: Eskom spends R200m in 7 days on diesel – SABC News
The latest data from Eskom shows that the power utility spent an estimated R208 million between 04 May (Sunday) and 10 May (Saturday) on diesel. According to Eskom’s latest statement
Read MoreOver 1 300 exhibitors expected at Africa’s Travel Indaba in Durban – SABC News
Exhibitors from across the globe say they are excited and ready for the start of this year’s edition of Africa’s Travel Indaba in Durban. Over 1 300 exhibitors are expected
Read MoreRamaphosa urges private sector to embrace AfCFTA – SABC News
President Cyril Ramaphosa has urged the private sector to engage with the African Continental Free Trade Area (AfCFTA). The trade agreement aims to accelerate trade across the continent and strengthen
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