Category: BUSINESS
SA’s macroeconomic prospects are looking healthier: Kganyago
Reserve Bank Governor Lesetja Kganyago has emphasised that despite global volatility and uncertainty South Africa’s macroeconomic prospects are looking healthier after years of underperformance, rising debt and high inflation. Delivering
Read MoreBill Gates joins calls for AI safeguards, including legislation – SABC News
AI requires safeguards that go beyond self-regulation, Microsoft co-founder Bill Gates said in an interview that aired on Sunday, calling for legislation to be passed in Congress. “You need law
Read MoreBMA, SARS, Mozambique move to ease goods traffic at Lebombo border
The Border Management Authority (BMA) and the South African Revenue Service (SARS) say they are working with their Mozambican counterparts to improve the movement of commercial goods at the Libombo
Read MoreMteto Nyati reappointed Eskom Board Chairperson
Eskom Board Chairperson Dr. Mteto Nyati has been reappointed for another three-year term. The announcement was made by the Minister of Electricity and Energy Dr. Kgosientsho Ramokgopa. Nyati’s initial term
Read MoreEskom board chair to step down in October at end of tenure
After three years at the helm of the Eskom board, the utility’s chairman Mteto Nyati will step down at the end of October when his term ends. Electricity and Energy
Read MoreNigeria, US sign agreement to boost mining investment – SABC News
Nigeria and the United States have signed a framework agreement aimed at deepening US investment in the West African country’s mining sector, Nigeria’s solid minerals minister Dele Alake said on
Read MoreIEJ warns higher policy rates may lead to higher unemployment
Policy think tank, the Institute for Economic Justice (IEJ), says the increase in the policy rate by the Reserve Bank will have a significant impact on the employment rate in
Read MoreTransforming Indigenous Knowledge Systems into thriving business
Indigenous Knowledge Systems (IKS) can be transformed into thriving businesses that contribute to economic development and tackle unemployment. This is according to North-West University’s Indigenous Knowledge Systems Centre, which hosted
Read MoreSARB hikes rates to cushion further inflation risks – SABC News
The Reserve Bank says its decision to hike rates by 25 basis points is a precautionary measure against possible second-round effects of inflation. Second-round effects occur when initial supply shocks,
Read MoreProNutro discontinued in SA after 64 years
ProNutro is being discontinued in South Africa after 64 years. In a statement, PepsiCo says the decision follows the introduction of its New Generation ProNutro earlier this year. According to
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