Category: BUSINESS
Godongwana to announce new regulations for municipalities’ grants
Finance Minister Enoch Godongwana says he will announce new measures to regulate the expenditure of conditional grants by municipalities during his Medium-Term Budget Policy Statement (MTBPS) that will take place
Read MoreLesotho turns to SMEs to unlock AfCFTA trade opportunities – SABC News
Lesotho is sharpening its focus on small businesses as it looks to unlock opportunities under regional trade agreements and the African Continental Free Trade Area (AfCFTA). The Lesotho Trade and
Read MoreDangote breaks ground on $16 billion East African oil refinery – SABC News
Construction begins on Wednesday of a $16 billion Kenyan oil refinery aimed at lowering East Africa’s fuel costs and saving the region hard currency used to import refined products. Aliko
Read MoreEastern Cape aims to expand tourism industry
The Eastern Cape’s Economic Development, Environmental Affairs and Tourism Department says the province is looking to expand its tourism industry through hosting more international events. MEC Nonkqubela Pieters was speaking
Read MoreAnother blow for motorists as petrol price set for around R3 increase
South African motorists are facing another major blow at the pumps, with petrol prices potentially rising by around R3 a litre next week. 95 petrol could reach the R30 mark
Read MoreSAFTU backs the Employment Services Amendment Bill
The South African Federation of Trade Unions (SAFTU) has confirmed its support for the Employment Services Amendment Bill as it supports efforts to regulate labour migration and protect jobs. The
Read MoreConcern over how SA households will finance future emergencies – SABC News
There is growing concern around how South African households will finance their future emergencies, as savings took a dip in the second quarter of 2026. The South African Reserve Bank’s
Read MoreNtshavheni says BRICS Summit outcomes support SA’s objectives
Minister in the Presidency Khumbudzho Ntshavheni says the outcomes of the BRICS Summit which was held in New Delhi in India two weeks ago, support the objectives of South Africa.
Read More14 000 formal jobs lost in Q2: Stats SA
The Quarterly Employment Statistics have revealed that the number of employed persons decreased from 10.439 million in March 2026 to 10.425 million in June 2026. Data released by Statistics South
Read MoreAfrican countries must establish robust safety barriers: Kganyago
Reserve Bank Governor Lesetja Kganyago says African nations must urgently establish robust guardrails amid concerns that the next global financial crash could be sparked by a major cyberattack. He delivered
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