Transnet 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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No need to enter politics to make a contribution: Motsepe – SABC News

Billionaire businessman and Confederation of African Football (CAF) President, Patrice Motsepe, has addressed ongoing speculation about his political ambitions. Speaking at the release of the financial results for his company,

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SA backs new G20 initiative to combat extreme wealth inequality – SABC News

Minister in the Presidency Khumbudzo Ntshavheni says Cabinet has welcomed the G20 experts task force that was established by President Cyril Ramaphosa to combat extreme wealth inequality. Ntshavheni briefs members

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KZN communities up in arms over unregulated fishing – SABC News

Communities in the north of KwaZulu-Natal are up in arms about unregulated fishing in marine protected areas off the South African coast. Residents of Kosi Bay, who live inside and

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Boosting rural food production is changing EC province’s economy: MEC – SABC News

Eastern Cape Agriculture MEC Nonceba Kontsiwe says increasing food production in rural areas is potentially changing the economic outlook of the province. Kontsiwe was addressing the Smallholder Farmers Agricultural show

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Inflation levels causing major strain on households: Report – SABC News

A Competition Commission report has found that inflation on essentials is rising faster than wages, with low-income households being hit the hardest. The Cost of Living Report covers the period

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Steel production fell by 1.4%, further losses due to US tariffs: SIEFSA – SABC News

The Steel and Engineering Industries Federation of Southern Africa (SIEFSA) says production in this sector fell by 1.4% last year, reversing the small growth it had in 2023. It says

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National Credit Act amendments will worsen youth unemployment: SAUS – SABC News

The South African Union of Students (SAUS) has expressed concern about the proposed amendments to the National Credit Act, saying the situation will worsen unemployment among the youth. The Trade,

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DBSA praised for strong financial performance – SABC News

Deputy Finance Minister David Masondo has lauded the Development Bank of Southern Africa (DBSA) for its strong financial performance for the 2024-25 financial year. DBSA’s FY-2025 results highlight more than

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SA businesses learn more about UK trade agreement – SABC News

South African businesses have gathered in Johannesburg to learn more about trading with the United Kingdom (UK) through a dedicated trade agreement. The SACUM-UK Economic Partnership Agreement is a free

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