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News24 BusinessThe ultimate check on government delivery is the ballot box, and this week’s local government elections provide that opportunity. Busisiwe Mavuso hopes that citizens will vote in large numbers to demand service delivery.
News24 BusinessTrade Minister Parks Tau says government is confident it has made “generous” trade offers to the US as it seeks renewal of its AGOA benefits in the coming days.
News24 BusinessSouth Africa’s Treasury has strengthened confidence in public finances by achieving a likely peak in the government debt ratio and maintaining fiscal targets despite weak growth and spending pressures. This progress created an opportunity for a stronger, more durable fiscal anchor than the…
News24 BusinessGlobal firms and governments rushed on Thursday to patch critical flaws in the PHP programming language that underpins much of the internet, as a cloud firm reported millions of hacking attempts after vulnerabilities were disclosed.
News24 BusinessGhana is weighing if local companies are best suited to take over some of the big mines in Africa’s largest gold producer as it decides whether to renew leases for a major Gold Fields operation, a top government official said.
News24 BusinessFinance Minister Enoch Godongwana indicated that government will reconsider its proposed rules for moving crypto assets across the country’s borders. This should bring considerable relief to South Africa’s digital assets sector, writes Wiehann Olivier of Forvis Mazars.
News24 BusinessTreasury has published draft amendments to South Africa’s most important public finance management laws that, among other things, allow for the creation of a new body to probe wasteful local government expenditure.
News24 BusinessState-owned airline SAA received a R1 billion guarantee from government in August to fund its day-to-day operations amid the jet fuel price squeeze.
News24 BusinessSouth African government bonds rallied, and the rand strengthened after Finance Minister Enoch Godongwana’s Medium-Term Budget Policy Statement showed government debt as a proportion of GDP had stabilised.
News24 BusinessSouth Africa will get new legislation to commit future governments to fiscal responsibility early next year, Finance Minister Enoch Godongwana has confirmed.
News24 BusinessNational Treasury says government is clamping down on fraudulent applications to the National Student Financial Aid Scheme using the same techniques that are starting to bear fruit at Sassa.
News24 BusinessThe Medium-Term Budget Policy Statement confirmed that government debt (as a percentage of GDP) has declined for the first time in 17 years.
News24 BusinessFinance Minister Enoch Godongwana looks set to confirm that South Africa has finally turned the tide on government debt in the Medium-Term Budget Policy Statement.
News24 BusinessPresident Cyril Ramaphosa is planning to lead a delegation to Silicon Valley after the local government elections to better understand AI and how SA can benefit from it.
News24 BusinessEven the slightest whiff of a problem in the AI space is bringing a bid back for government bonds, writes Mike Dolan.
News24 BusinessUS credit ratings giant Moody’s expects the government of national unity to survive the upcoming local elections, the ANC’s presidential contest next year, and the 2029 national elections.
News24 BusinessGovernment is under pressure to turn a proposed fuel intervention into savings at the pumps before December.
News24 BusinessPresident Cyril Ramaphosa has identified many of the critical components required for more growth in agriculture. But the real question is whether government can make those components work together, writes Johann Kotzé.
News24 BusinessVestas says increasing tariffs for renewable energy components will not foster local manufacturing without sufficient government-driven demand for wind energy projects.
News24 BusinessThe Public Investment Corporation, which invests on behalf of the Government Employees Pension Fund, on Wednesday, announced a stellar set of results for 2025/26, with a 20% increase in assets under management, bringing its portfolio to R3.657 trillion.