Category: BUSINESS
SA’s GDP grows by 0.8% in Q2, boosted by manufacturing sector – SABC News
Data released by Statistics South Africa shows that the country’s economy grew by 0.8% in the second quarter from 0.1 % in the first quarter of 2025. The jump in
Read MoreSeven nabbed in Cape Winelands for running illegal alcohol Production – SABC News
The police have arrested seven foreign nationals for running a facility that is manufacturing illegal alcohol at Klapmuts in the Cape Winelands District. Police spokesperson Wesley Twigg says five men
Read MoreSA could see better economic growth in second quarter: Economist – SABC News
South Africa could see economic growth lift in the second quarter despite declining business confidence and ongoing strain in key sectors like mining. Stats SA is set to publish the
Read MoreOnly 27% of taxpayers claimed solar panel tax refund: Treasury – SABC News
A survey of nearly 500 taxpayers surveyed by the National Treasury released on 3 September shows that many individual taxpayers did not claim the solar panel tax because they were
Read MoreSANTACO urges taxi operators to apply for relief fund – SABC News
The South African National Taxi Council (SANTACO) is calling on operators who haven’t applied for the Taxi Relief Fund (TRF) to do so promptly. The South African National Taxi Council
Read MoreSARS urges influencers to declare their income for tax compliance – SABC News
The South African Revenue Services (SARS) has urged social media influencers to declare all their income for tax compliance. It says it’s investigating undeclared income earned through online content. SARS
Read MoreSA, Algeria, Egypt engage in talks to bolster SA’s automotive sector – SABC News
The Department of Trade, Industry and Competition is engaged in talks with Algeria and Egypt on ways to cooperate with South Africa in the automotive sector. Minister Parks Tau, who
Read MoreGauteng racks up R4.2bn in irregular spending despite cleaner audits – SABC News
Finance MEC, Lebogang Maile says the Gauteng Provincial Government Departments incurred R4.2 billion in new irregular expenditure in the 2024/25 financial year. 14 of the 19 provincial government entities achieved
Read MoreEskom says no loadshedding anticipated for 2025/26 summer outlook – SABC News
Eskom has published its 2025/26 summer outlook, saying it does not anticipate any loadshedding during this period. The power utility gave an update on its operational performance during a media
Read MoreTransnet records R1.9 billion profit loss – SABC News
Transnet has reported a R1.9 billion in profit loss for the financial year ending March 2025. This is 74% lower than what it reported last year when it posted a loss
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