Category: BUSINESS
Xi tells Putin that Russia and China should be ‘friends of steel’ – SABC News
Chinese President Xi Jinping told Russia’s Vladimir Putin on Thursday their two countries should be “friends of steel”, as they pledged to boost cooperation to a new level at a
Read MoreG20 Financial Inclusion Conference hailed as a success – SABC News
Minister of Youth, Women and Persons with Disabilities Sindisiwe Chikunga says the recent G20 Conference on Financial Inclusion, held over two days at Sun City near Rustenburg in the North
Read MoreOmbud warns against cancelling insurance amid economic strain – SABC News
As economic pressures continue to affect households, the National Financial Ombud Scheme has urged South Africans not to cancel their insurance policies or default on premium payments. The warning comes
Read MoreR300 mln set aside to electrify Johannesburg’s informal settlements – SABC News
The City of Johannesburg Mayor, Dada Morero says close to R 300 Million has been set aside to electrify informal settlements in the city. He delivered his State of the
Read MoreSA’s economy held back by structural inefficiencies: Ramaphosa – SABC News
President Cyril Ramaphosa says South Africa’s economy continues to be held back by structural and regulatory inefficiencies. He says the country must grow faster to create necessary employment and needs
Read MoreMoody’s cuts SA’s 2025 GDP growth forecast to 1.5% – SABC News
Moody’s has revised its GDP growth forecast for South Africa downward to 1.5% for 2025, down from its earlier projection of 1.7%. The credit rating agency attributed the revision to
Read MoreRamaphosa launches Phase II of Operation Vulindlela – SABC News
South Africa has officially launched the second phase of Operation Vulindlela with local government, spatial inequality and digital transformation in sharp focus. The joint reform initiative between the Presidency and
Read MoreSA’s import of natural gas from Mozambique halts in 2026 – SABC News
Electricity Minister Dr Kgosientsho Ramokgopa says diminishing current natural gas reserves in Pande, Mozambique present South Africa with both risk and opportunities. Ramokgopa says South Africa will no longer be
Read MoreCity of Joburg clarifies confusion over electricity surcharge – SABC News
The City of Johannesburg has clarified the confusion around a surcharge on electricity tariffs. The City’s Finance MMC Margaret Arnolds says the surcharge has remained the same, contrary to reports
Read MoreSARB, BIS launches TechSprint initiative – SABC News
The South African Reserve Bank and the Bank for International Settlements has launched the TechSprint initiative under South Africa’s G20 Presidency and the BIS Innovation Hub. The initiative, which is
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