image: Internet by Kelebogile Matlou Eastern Cape Agriculture MEC Nonceba Kontsiwe believes that increasing food production in rural regions is critical to improving the province’s economic picture. She was addressing at the Smallholder Farmers Agricultural Show in Mthatha, where rising farmers displayed their fresh goods and expressed worries about restricted commercial options. Farmers from around…
image: National Treasury RSA by Kelebogile Matlou Deputy Finance Minister David Masondo congratulated the Development Bank of Southern Africa (DBSA) for its good financial performance during the fiscal year 2024-25. Masondo, speaking at the DBSA’s financial results presentation in Sandton, north of Johannesburg, emphasized the bank’s critical role in supporting bankable pipeline projects and cross-border…
image: Internet by Kelebogile Matlou South Africa’s National Treasury said on Monday that it will soon determine whether to adjust the country’s inflation goal, following a long-running dispute with the South African Reserve Bank (SARB). The move comes as inflation has slowed to multi-year lows, giving officials opportunity to reassess the framework. The Macroeconomic Standing…
image: Internet by Kelebogile Matlou The South African National Taxi Council (SANTACO) has strongly disputed charges that the taxi business does not pay taxes, calling them “misguided and shallow.” According to the council, most taxi operators pay personal income tax individually since they operate as sole proprietors in the industry. For years, the taxi business…
image: Internet by Kelebogile Matlou The National Energy Regulator of South Africa (NERSA) has acknowledged to calculating mistakes in its previous multi-year pricing decision for Eskom, resulting in higher power bills for consumers in 2026 and 2027. The fix comes after an out-of-court deal between NERSA and Eskom, which allows the power provider to recoup…
image: Internet by Kelebogile Matlou Ford South Africa has announced its plan to lay off 470 people as part of a production restructuring to meet current and future market demand. Employees and trade unions have already received letters about job layoffs at the Silverton assembly factory in Pretoria and the Struandale engine facility in Gqeberha….
image: Internet by Kelebogile Matlou The National Empowerment Fund (NEF) in the Northern Cape has revealed that women-owned businesses are among its most reliable clients, with many proving capable of repaying loans on time, reinvesting in their companies, and creating jobs in their communities. The NEF says it remains committed to supporting women venturing into…
image: Internet by Kelebogile Matlou The National Gambling Board (NGB) has raised concern about the growing surge in illegal online gambling in South Africa, warning citizens to avoid unlicensed websites as enforcement efforts intensify. The move, announced in collaboration with Provincial Licensing Authorities (PLAs) and law enforcement agencies, comes amid a sharp increase in unlawful…
Acsa CEO Mpumi Mpofu says jet fuel storage has been increased to 10 days to prevent supply disruptions image: MyBroadBandby Kelebogile Matlou Airports Company South Africa (Acsa) is positioning itself as a more resilient and future-ready organisation by investing heavily in fuel security and infrastructure upgrades. Speaking at the release of the company’s financial results…
by Kelebogile Matlou image: Internet Four municipalities cut Eskom debt by over R354 million through first relief write-off The Northern Cape Provincial Treasury has announced its commitment to supporting municipalities in the province that are still part of the Eskom Municipal Debt Relief Programme. This comes after four municipalities Sol Plaatje, Umsobomvu, Ubuntu, and Siyancuma…
