Category: BUSINESS
Municipalities underspend on infrastructure in 2024/5: Treasury – SABC News
National Treasury’s Q2 report for 2024/25 reveals that municipalities underspent on conditional grants and capital projects. These funds were meant for infrastructure development and emergency disaster repairs. The grants were
Read MoreACSA Board orders forensic probe into procurement irregularities – SABC News
The Board of the Airports Company South Africa (ACSA) has launched a forensic investigation into alleged procurement irregularities. An independent firm will be appointed to conduct the probe, while the
Read MoreDollar slips as traders wait on tariff clarity – SABC News
The dollar weakened on Friday ahead of a planned announcement next week by US President Donald Trump on reciprocal tariffs, which has left traders uncertain of how to trade the
Read MoreSARS Chief reveals an estimated R800 billion in uncollected taxes – SABC News
SARS Commissioner Edward Kieswetter has told Parliament that an estimated R800 billion in tax remains uncollected. SARS, together with the National Treasury, was responding to submissions received by the Standing
Read MoreDeadline for beneficiaries to replace gold cards is May: Postbank – SABC News
The Postbank has clarified that the deadline for social grant beneficiaries to replace their gold SASSA cards with the new black Postbank cards is May and not April. This follows
Read MorePilchards, maize, eggs get cheaper: Competition Commission Report – SABC News
Prices of canned pilchards, maize and eggs have come down, while sunflower oil remains at its highest since 2021. According to the Competition Commission Essential Food Price Monitoring Report, which
Read More70 cases of armyworms reported in Xhariep: Free State Agriculture – SABC News
The Free State Department of Agriculture says 70 known cases of armyworms have been reported in the Xhariep district in towns including Petrusburg, Jacobsdal and Koffifontein. Thirteen more cases were
Read MoreInflation targeting relieves SA’s economic crisis: Kganyago – SABC News
Reserve Bank Governor, Lesetja Kganyago, has defended the bank’s inflation targeting, saying it has served the South African economy well. He has also strongly argued that the current 3% to
Read MoreJSE expands access to ordinary South Africans via Shyft App launch – SABC News
The Johannesburg Stock Exchange (JSE) says it is now more accessible to ordinary South Africans through its launch on the Standard Bank-powered Shyft app. It says this will give people
Read MoreGautrain looking at different ways to grow its commuter base – SABC News
The Gautrain Management Agency is looking at different ways to make its service more affordable to the public. This is in response to declining commuter numbers, which the agency ascribes
Read More