The Rand has been hit hard by the defunding of federal support by US President Donald J. Trump since Friday 7th of March. Washington has cut all aid to South Africa. However, the American Dollar...
The African Continental Free Trade Agreement (AfCFTA) is in full swing. Implementation of the agreement offers South African business people unlimited opportunities to grow their businesses and expand...
It was recorded in 2024, the previous year that Durban enjoyed an increase in over 70k jobs. This is the lowest unemployment rate among South Africa’s metros, recording a significant drop in...
For the first time in South Africa’s history, in an unprecedented move by the government of President Cyril Ramaphosa not seen since the dawn of Democracy the Budget speech has been postponed. The...
Finance Minister Enoch Godongwana is going to have a difficult week ahead. It will depend on how he balances the government’s budget for the year to the rest of South Africa’s economic interests. At...
Durban North area is going to receive a make over from the combined efforts of NGO EnviroFixers and local business. An island on Kelvin Place in Durban North was given an incredible transformation, by...
South Africa finds itself in a tight spot with United States President Donald J. Trump. Trump has passed a controversial executive order last week titled “Egregious Actions of the Republic of South...
South Africa, the government of President Cyril Ramaphosa and the Rand have hit a significant obstacle to economic recovery and growth since inflation: United States President Donald Trump. Trump...
In an address on the side lines of the World Economic Forum (WEF) in Davos, Switzerland President Cyril Ramaphosa said South Africa was undergoing a “fundamental transformation”. The country seeks to...
Traders had to scale back on their speculation for South Africa’s interest rates this year. The markets are now pricing in only one as they decipher the Federal Reserve’s preference to move slower on...
An offer of R120 per share in South Africa’s Barloworld Ltd. have been made by a unit of Saudi Arabia’s Zahid Group. A group of companies that includes Falcon holding Ltd. – which Zahid wholly owns –...
South Africa’s Gross Domestic Product (GDP) figures have been reported to have dropped below expectations. This means the national economy is seeing a quarter-on-quarter decline. According to Stats...
The KwaZulu-Natal South Coast is set to solidify its reputation as a premier tourism destination with a R6 million upgrade to the iconic KwaXolo Caves. The project, spearheaded to boost rural tourism...
An evaluation report done by the Independent Evaluation Office (IEO), which reviews the investments made by the BRICS bloc’s New Development Bank (NDB), has brought to the public’s attention that the...
Business owners across the nation are being cautioned that their companies may be unable to trade if they fail to meet the requirements in compliance set by the Companies and Intellectual Property...
The drop in inflation from 4.4% in August to 3.8% in September would be positive or negative depending on the views of the power brokers who heard it. However political parties and unions, allies and...
Saudi Arabian Crown Prince Muhammad bin Salman (nickname MBS) is not in attendance at this year’s BRICS Summit in Kazan, Russia. As 24 leaders old and new swelled the ranks of delegations at the...
President Cyril Ramaphosa briefed Russian President Vladimir Putin on the Government of National Unity on Tuesday afternoon. Ramaphosa will also brief other world leaders on the GNU’s establishment...
As the BRICS bloc meets in Tatarstan, Russia for its sixteenth summit, the founding five members will see the expansion of the organization to include thirty-two member delegations in partnership with...
The eThekwini District police, together with the Office of the Premier, Correctional Services, Metro Police and the Department of Community Safety and Liaison, raided the Albert Park area which has...
South Africa must contest with the rise of newly added BRICS member states who are looking to grow their own Agricultural exports in the association of nations. Pretoria has a delicate balance to...
The involvement and participation of South Africa in the African Continental Free Trade Agreement (AfCFTA) is expected to significantly boost the nation’s economy and cement its dominant position as...
South Africa has received a loan worth $ 1 billion from the New Development Bank (NDB) created by the rising economies of the BRICS Plus nations. The NDB approved the loan for the South African...
President Cyril Ramaphosa appears to be pleased with himself. The country’s new 10-party unity government is forging closer ties with the business community, with positive spin-offs for the country at...
Durban Business Woman and CEO of the Zikhulise Group Shauwn “MaMkhize” Mkhize has admitted to working with the “construction mafia,” who are known for using violence and intimidation to extort money...
President Cyril Ramaphosa has signed into law the Electricity Regulation Amendment Bill at the weekend, which is meant to create a competitive electricity market. The bill amends the Electricity...
South Africa has made a new commitment to industrialize, re-industrialize, transform and establish a capable state through economic growth based on constitutional principles aimed at building a better...
Political analyst Andre Duvenage has stated the time had arrived for drastic changes in the political landscape. According to Duvenage it was highly unlikely that political parties would have an...
It has been warned by fiscal experts that abundant evidence has shown that government spending has been inefficient. Much of this is to do with how state funds are managed in nature by the Executive...
South Africa finds itself in a complicated tug of war concerning relations with the European Union and a member of the BRICS+ economies. Pretoria plans to approach the EU to discuss its proposed tax...
The risk of pollution in ground water is increasing. South Africa’s water pollution situation is well-documented, with surface water resources under immense pressure from overuse, pollution and...
Iraq could be at the centre of huge plans for India. At the G20 Summit in New Delhi, Indian Prime Minister Narendra Modi alongside the leaders of the other participating members unveiled the...
Absa held its annual Absa Run Your City 10 km in Durban. Run Walk for Life (RWFL) affiliates participated in the event. Fourteen members of Run Walk For Life (RWFL) Amanzimtoti took part in the Absa...
It was found in Statistics from South African Market Insights, quoted in an article by South African Market Insights, quoted in an article by Proudly South African, South Africa’s contribution to...
BlackRock, the world’s largest asset manager, has expanded the list of authorized participants (APs) for its spot Bitcoin ETF, adding esteemed Wall Street firms like Citi and Goldman Sachs. This...
eThekwini Municipality Mayor, Cllr Mxolisi Kaunda, presented the draft budget for the upcoming fiscal year during a full council meeting on March 19, 2024. Against the backdrop of global elections and...
There could be a new horizon for South Africa as the largest economy in southern Africa. As both a member of BRICS (Brazil, Russia, India, China and South Africa) and the African Union there is going...