Category: BUSINESS
NW Transport admits to backlogs in operating permits
The Department of Transport in the North West says it had a backlog of close to 5 000 operating permits in 2023. Currently, the department says it has managed to
Read MoreCreecy wants rail back on track as road transport costs rise – SABC News
The rail sector in the Southern African Development Community (SADC) region is coming back to life due to soaring road transport costs. Transport Minister Barbara Creecy says that with fuel
Read MoreSAFTU condemns Ekurhuleni’s independent power plan
The South African Federation of Trade Unions (SAFTU) has condemned the City of Ekurhuleni’s plan to procure 2 400 megawatts of generation capacity from independent power producers. The new, diversified
Read MoreRamaphosa to attend 2026 MTBPS
The Presidency has confirmed that President Cyril Ramaphosa will attend the 2026 Medium Term Budget Policy Statement (MTBPS) on Wednesday in Parliament. Finance Minister Enoch Godongwana will deliver this his
Read MoreLimpopo farmer seeks relief from rising fuel costs in upcoming MTBPS – SABC News
A potato farmer in Senwabarwana, Limpopo, says rising fuel prices are increasing input costs and putting pressure on farming operations. Vincent Rapeta hopes Finance Minister Enoch Godongwana’s mid-term budget speech
Read MoreNearly 35 000 jobs could be lost if Shein, Temu not regulated: SACTWU – SABC News
The Southern African Clothing and Textile Workers’ Union (SACTWU) says nearly 35 000 jobs could be lost by 2030 if global online retailers such as Temu and Shein are not
Read MoreRamaphosa to lead SA group to Silicon Valley in push for AI prospects
President Cyril Ramaphosa has announced that he will lead a delegation to Silicon Valley in the United States next month to explore new opportunities in artificial intelligence (AI). He confirmed
Read MoreSteady finances, growing risks: What to expect from SA’s mini budget – SABC News
By Isaac Matshego The Medium-Term Budget Policy Statement, the colloquial “Mini Budget”, draws far less attention than the Budget Speech in February each year. However, it is an essential cog
Read MoreOpinion| AfCRA and African Agency: Any Room for Scepticism? – SABC News
By Adeoye O. Akinola The establishment of continental institutions, such as the African Credit Rating Agency (AfCRA) on 8 October in Mauritius, often generates hope and scepticism. Indeed, Africa is
Read MoreBrent crude holds near five-month high on Middle East tension – SABC News
Oil prices advanced on Tuesday, with Brent hovering around a five-month high as traders priced in a geopolitical risk premium from Houthi attacks on Saudi infrastructure and reports of vessel
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