Category: BUSINESS
SA’S unemployment rate falls to 31.9% – SABC News
The latest data released by Statistics South Africa (StatsSA) shows that country’s official unemployment rate eased by 1.3% from 33.2% recorded in the second quarter to 31.9% in the third
Read MoreEconomists expect Godongwana to announce new inflation target – SABC News
There is speculation that Finance Minister Enoch Godongwana may formally announce a new inflation target at the upcoming Medium-Term Budget Policy Statement. Recently, ratings Agency Fitch said it expected the
Read MoreSA’s citrus industry records its strongest export season to date – SABC News
Citrus Growers’ Association CEO, Boitshoko Ntshabele, says South Africa’s citrus industry has recorded its strongest export season to date. He says growers packed over R200 million cartons for international markets,
Read MoreVodacom posts a 32.3% increase in interim profit – SABC News
Vodacom has posted a 32.3% increase in interim profit with improved earnings. However, despite strong financials from the group, a multi-million rand once-off payout to Nkosana Makate in relation to
Read MoreGauteng tourism set to benefit R3.6 billion from upcoming G20 Summit – SABC News
The Gauteng Tourism Authority says the industry is set to benefit massively from the upcoming G20 Summit, scheduled to take place in Johannesburg later this month. It says some of
Read MoreW Cape govt says investment summit expected to create 45 000 jobs – SABC News
The Western Cape government says a recently held investment summit in Cape Town is expected to create around 45 000 jobs. Premier Alan Winde says they’ve entered into a new
Read More‘Local business leaders must take centre-stage at G20 Summit’ – SABC News
As global leaders prepare to convene for the G20 Summit in Johannesburg later this month, a spotlight has been put on South Africa’s entrepreneurial community. Local business leaders have been
Read MoreFrance halts Shein suspension after sex dolls, weapons withdrawn – SABC News
The French Finance Ministry on Friday halted the suspension proceedings of Chinese online retailer Shein initiated two days ago after the Chinese retailer withdrew all illicit products from its platforms. The French government started the process to block Shein in
Read MoreGqeberha concludes series of key G20 Working Group meetings – SABC News
Gqeberha has hosted three G20 Working Group meetings this year. The first one was the Employment Working Group meeting in February, which tackled challenges around youth employment and the digital
Read MoreTesla shareholders approve record $1 trillion pay package for Musk – SABC News
Businessman Elon Musk has clinched the largest corporate pay award in history. This after shareholders of Musk’s electric car company Tesla approved his record-breaking one-trillion-dollar or more than R17 trillion
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