Category: BUSINESS
Cosatu gives GEMS seven days to reverse 9.8% contribution hike
Public sector unions affiliated to the Congress of South African Trade Unions (Cosatu) have given the Government Employees Medical Scheme (GEMS) seven days to reverse the 9.8% premium hike contribution for
Read MoreCEO of World Economic Forum quits after Epstein ties scrutinised – SABC News
The President and CEO of the World Economic Forum, Borge Brende, announced he was stepping down on Thursday, a few weeks after the forum launched an independent investigation into his
Read MoreMulti-billion rand Tongaat-Hulett fraud case postponed to September
The multi-billion rand fraud case against six former executives of the embattled sugar giant Tongaat-Hulett and an auditor has been postponed to 10 September for a pre-trial hearing. The accused
Read MoreMinister Godongwana to step in to stabilise troubled Telkom, SABC
Finance Minister Enoch Godongwana has committed to stepping in to stabilise two of the country’s most troubled state owned entities, Telkom and the South African Broadcasting Corporation (SABC). Government’s intervention
Read MoreGovt to prioritise resolving SABC’s infrastructure crisis this year
Finance Minister Enoch Godongwana says the government will prioritise resolving the South African Broadcasting Corporation(SABC)’s financial and infrastructure crisis this year. He confirmed that the National Treasury will first settle
Read MoreMore needs to be done to modernise SARS: Kieswetter
South African Revenue Services Commissioner (SARS) Edward Kieswetter says while he welcomes the tabling of the 2026 national budget, he believes more needs to be done to modernise SARS. His
Read MorePolitical parties express mixed reactions to 2026 Budget – SABC News
African National Congress (ANC) Spokesperson Mahlengi Bhengu-Mtsiri says the focus on local government is one of the positive developments in the 2026 Budget Speech made by Finance Minister Enoch Godongwana
Read MoreGALLERY: Budget Speech 2026
Finance Minister Enoch Godongwana says the local economy is gaining traction, reflecting early momentum gained from the ongoing economic reforms. Godongwana presented a R2.7 trillion budget in a more positive
Read MoreSABC allocated funds to help with Sentech debt: Malatsi – SABC News
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Read MoreEconomists applaud 2026 National Budget’s debt-cutting focus
Economists have given the 2026 National Budget a thumbs up, following National Treasury’s commitment to curbing the country’s debt. Finance Minister Enoch Godongwana announced that the debt-to-Gross Domestic Product ratio
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