Business

New golden opportunities abound for South Africa as Pretoria is set to leverage the Africa Continental Free Trade Area (AfCFTA) agreement. The government is to reaffirm its commitment to harness its immense potential for driving local business growth and enhancing regional integration. This sentiment was echoed by Humphrey Nwugo, the Regional Director (Southern Africa) at […]

The Johannesburg Deeds Office remains partially shut down, sparking a major financial crisis for estate agents and home sellers as thousands of property transactions are delayed indefinitely. The Department of Employment and Labour ordered the closure in February 2025, citing safety concerns due to broken lifts and non-compliance with occupational health regulations. Although limited operations

The Public Service Commission (PSC) has disclosed that government departments owe more than R16 billion in unpaid leave benefits to close to 190,000 public service employees. These are workers who were employed before July 2000, when the public sector changed its leave policy. At the heart of the issue is a policy shift that took

President Cyril Ramaphosa attended the Outreach Session of the Group of Seven or G7 Summit in Kananaskis, Canada. Although South Africa is not a member of the international forum, President Ramaphosa was invited alongside the likes of the high-profile leaders of India, Brazil, South Korea, Australia, Mexico, and the United Arab Emirates (UAE). The G7

Act two of Finance Minister Enoch Godongwana’s budget proposals took place yesterday. Both houses of Parliament convened in separate sittings to consider voting on the fiscal framework and revenue proposals for this year’s budget speech. The framework serves as the blueprint for how South Africa plans to raise revenue, spend money and manage the country’s

eThekwini Municipality’s R 70.9 billion proposed 2025/26 Medium Term Revenue and Expenditure Framework (MTREF) Budget has come under the scrutinizing analysis of concerned ratepayer associations. The proposed MTREF budget was approved by the Executive Committee (EXCO) last week Friday. Key adjustments for the 2025/26 financial year included: Assessment Rates: The increase was reduced from 6.5%

President Cyril Ramaphosa is in Washington from Wednesday, yesterday, meeting with United States President Donald Trump to resolve significant differences of varying degrees in relations between South Africa and the US. Ramaphosa who is taking a large delegation of ministers and advisors, is aiming to make a new trade agreement with Trump. Ramaphosa hopes to

President Cyril Ramaphosa’s office confirmed that he would be meeting with U.S. President Donald Trump this week following days of speculation by the media. The South African Rand is currently edging up against a weaker Dollar in early trade on Thursday yesterday. At 0622GMT, the Rand traded at 18.22 against the dollar, about 0.3 %

Delegates from across Africa have gathered in Durban for Africa’s Travel Indaba officially commenced at the Durban International Convention Centre (ICC). This year’s event was graced by high-profile figures, including Deputy President Paul Mashatile, the Minister of Tourism Patricia De Lille, KwaZulu Natal Premier Thami Ntuli, and the province’s MEC for Economic Development Reverend Musa