Economists maintain Treasury can’t afford SRD grant – SABC News

Economists maintain that the Treasury cannot afford the Social Relief of Distress (SRD) grant on the current tax base. They argue that the economy is not growing fast enough to

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Spaza shops warned against unlawful card payment surcharges: NCC

The National Consumer Commission (NCC) has cautioned spaza shop owners against adding hidden charges when customers use cards to pay. There is growing concern over illegal swipe fees and minimum-spend

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Oil hits one-week low as investors shrug off US sanctions on Iran – SABC News

Oil prices fell to a one-week low on Tuesday as traders shrugged off the latest United States (US) ‌sanctions threat against Iran, viewing economic pressure as posing less risk to

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SABC, Chinese broadcaster JSBC enter into MOU

The South African Broadcasting Corporation (SABC) has entered a Memorandum of Understanding (MOU) with a Chinese media house, Jiangsu Broadcasting Corporation (JSBC) to strengthen broadcasting cooperation and promote cultural exchange

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Rand holds near multi-month high as Iran sanctions loom

The South African rand opened the week on a firm footing on Monday, hovering near its strongest ​level since the start of the Iran war, as a ‌subdued dollar, higher

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Oil falls as US prepares to unveil new Iran sanctions – SABC News

Oil prices slipped more than $1 a barrel on Monday as investors took profits ahead of ‌an expected announcement from Washington about imposing more sanctions on Iran that may further

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Infrastructure symposium seeks to close SA’s R1 trillion funding gap – SABC News

South Africa has an infrastructure gap of more than R1 trillion, which it needs to fund major infrastructure projects in the country. Infrastructure South Africa revealed this at this year’s

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City of Tshwane denies R2 billion shortfall for employee costs

The City of Tshwane has rejected claims that its 2026/27 budget faces a R2 billion shortfall for employee-related costs. According to the city, the figure reflects the difference between an

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Eskom confirms City Power settles R5.25bln electricity debt in full – SABC News

Eskom has confirmed that City Power has settled its electricity debt of more than R5.25 billion in full. The settlement comes after intervention and a mediation process under the auspices

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NUM members at Venetia want GM to resign over retrenchment notices

Members of labour union, National Union of Mineworkers (NUM) are calling for the resignation of Venetia diamond mine’s general manager Ntokozo Ngema. The call was made during a march to

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