Category: BUSINESS
Economists expect stagnant economy in the first quarter – SABC News
Standard Bank economist Dr Elna Moolman expects the economy not to have grown in the first quarter of this year. This comes after South Africa’s economy grew by 0.6% in
Read MoreMarginal price decrease in fuel as increase in general levy kicks in – SABC News
The Department of Mineral Resources and Energy is expected to announce its latest fuel price adjustment before midnight tomorrow. According to preliminary reports by the Department’s Central Energy Fund, the
Read MoreMining and manufacturing down year-on-year: Stats SA – SABC News
The latest economic wrap-up for May 2025 from Stats SA shows decline in mining and manufacturing year-on-year in the first quarter of 2025, as unemployment grew to 32,9% and consumer
Read MoreCompanies need to change recruitment approach for youth: Economist – SABC News
Unemployment among the youth is unlikely to show any improvement unless employers change their approach in their recruitment processes. This as many employers are prioritizing experience as a prerequisite while
Read MoreEFF heads to court to challenge proposed fuel levy increase – SABC News
The Western Cape High Court will hear an urgent court application brought by the Economic Freedom Fighters (EFF) on the general fuel levy increase. Finance Minister, Enoch Godongwana, announced a
Read MoreMinister grants iThuba temporary lottery licence despite court ruling – SABC News
Trade, Industry, and Competition Minister Parks Tau has issued a temporary license to iThuba Holdings. Tau says in a statement that this is in a bid to avoid a potentially
Read More22 undocumented foreign nationals arrested in the North West – SABC News
Police in the North West have arrested 22 undocumented foreign nationals and seized a large quantity of food items seemingly destined for illegal miners. Police say they started monitoring suspicious
Read MoreGodongwana looking forward to working with AfDB President-elect – SABC News
Finance Minister Enoch Godongwana says he is looking forward to working with the newly elected African Development Bank (AfDB) Group President- elect Sidi Ould Tah, who won with over 70
Read MoreCourt rejects NLC bid to extend Ithuba’s operating licence – SABC News
The National Lotteries Commission (NLC) has failed to convince the High Court in Pretoria to allow Ithuba to be granted a temporary licence of 12 months while the new operator
Read MoreAttracting foreign investment remains critical for SA: Mantashe – SABC News
Minister of Mineral and Petroleum Resources Gwede Mantashe says attracting foreign investment remains critical for the country. Mantashe was visiting Orion Minerals in Prieska in Northern Cape that is expected
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