Business & Economy

Finance Minister Enoch Godongwana has proposed major municipal finance reforms aimed at tackling financial mismanagement and strengthening accountability across South Africa.

National Treasury wants a greater say in appointing municipal financial chiefs as part of sweeping reforms aimed at tackling financial mismanagement, wasteful spending, and weak accountability in South African municipalities. Announced by Finance Minister Enoch Godongwana on Wednesday, 21 October 2026, the proposed municipal finance reforms could change how councils manage public money and how

Finance Minister Enoch Godongwana has proposed major municipal finance reforms aimed at tackling financial mismanagement and strengthening accountability across South Africa. Read More »

South Africa Risks Seeing American Sanctions Renewed While Trump Allows Afrikaner Refugees to the US

In Washington, two legislative bills seeking to impose US sanctions on South Africa are set to expire on 3 January 2027 unless enacted into law, as the diplomatic divide between the two nations reaches unprecedented levels. This looming deadline coincides with the critical eligibility review for the African Growth and Opportunity Act (AGOA), with outcomes

South Africa Risks Seeing American Sanctions Renewed While Trump Allows Afrikaner Refugees to the US Read More »

Free Trade Integration in Africa Faces Major Risks and Challenges

African businesses increasingly want to expand across their national borders. However, high financial costs, limited trade finance, and key implementation gaps threaten the African Continental Free Trade Area (AfCFTA. Preliminary findings from the 2026 PAFTRAC Africa CEO Trade Survey presented at the World Trade Organization (WTO) Public Forum in Geneva highlight these growing barriers to

Free Trade Integration in Africa Faces Major Risks and Challenges Read More »