Expect sunshine after coronavirus storm - Absip

2020-03-25 15:39

Absip's president Sibongiseni Mbatha said in the statement that the financial industry body welcomed the South African Reserve Bank’s intervention of cutting the repo rate by 100 basis points.

WATCH | 'Some of us will starve' - Khayelitsha residents frustrated over looming lockdown

2020-03-25 08:19

Many residents of Khayelitsha in Cape Town are unhappy about the 21-day lockdown.

Rand testing R18/$ as global markets flounder

2020-03-23 10:45

The JSE Top 40 also had a tough morning, compounding last week's losses to trade down more than 5%.

Industry leaders put heads together as coronavirus strikes

2020-03-16 21:58

While the government gets to grips with the emergence of the new coronavirus , introducing the closure of multiple trade ports as a preventative measure, industry leaders and organisations met on Monday morning to and assess the impact of the outbreak.

Ramaphosa: SA is winning over investors on infrastructure plans

2020-02-20 19:06

President Cyril Ramaphosa told Parliament on Thursday afternoon that investors, including the finance industry, had responded enthusiastically to government's renewed commitment to investing in infrastructure announced in his SONA last week.

Ramaphosa’s best ideas are borrowed, Malema charges in SONA debate

2020-02-18 20:15

The ANC was jittery about establishing a state-owned bank until Minister of Finance Tito Mboweni "hijacked the superior logic of the EFF", Julius Malema said on Tuesday.

Ramaphosa says govt will let municipalities buy power from independent producers

2020-02-13 21:07

The president says that, over the next few months, government would implement measures to "fundamentally change the trajectory of energy generation in our country".

Alliance partners back Ramaphosa 'disapproval' of SAA route cuts

2020-02-12 17:45

The tripartite alliance has backed President Cyril Ramaphosa in condemning the South African Airways business rescue practitioners' decision to cancel all domestic routes barring Johannesburg-Cape Town.

Fundamentals of Eskom debt-reduction plan accepted by govt, business - Cosatu

2020-02-07 10:56

The utility has a debt burden of R450bn

Ramaphosa has signed 5 key tax and revenue-related bills - here's what that means

2020-01-21 05:00

President Cyril Ramaphosa last week signed five bills relating to tax administration and other division of revenue proposals for the 2019 fiscal year.


SA Reserve Bank to buy govt bonds to inject liquidity into market amid Covid-19 crisis

2020-03-25 12:05

This follows an initial raft of interventions announced last week to provide lenders with cheaper access to funding.

Mantashe meets with industry to prepare for lockdown

2020-03-24 17:54

Minister of Mineral Resources and Energy Gwede Mantashe has met with industry captains to ensure that continuing operations do so safely.

Corona be damned: Nehawu insists on marching over civil servant wages

2020-03-18 09:00

Nehawu is pressing ahead with plans to march on 30 March.

5 memorable moments from Joseph Shabalala's funeral

2020-02-23 12:00

Friends, family, fans, and dignitaries gathered to bid the music icon farewell. Here are five standout moments from Joseph Shabalala's beautiful send-off.

Ramaphosa defends proposed sovereign wealth fund as investment in SA's future

2020-02-20 15:47

The president says government is 'taking bold steps to hold the economy in good stead for the future'.

Cannabis a 'high-growth' sector for jobs and investment, says City of Cape Town

2020-02-16 18:00

The City of Cape Town says it is exploring opportunities in hemp farming, which it says may be beneficial for economic growth and jobs.

'This is your last chance': Scopa chair’s message to Ramaphosa

2020-02-13 16:06

Mkhuleko Hlengwa has said it would be "reckless and irresponsible" to provide Eskom with financial assistance using government employees' pension funds, and that SAA should eventually be privatised.

Financiers won't be destroyed while trying to save Eskom, vows business body

2020-02-07 16:14

BUSA vice president, Martin Kingston, has said while the business body is party to a principle agreement to mobilise private and public savings to assist Eskom financially, funders should not be exposed to excessive risk in the process.

South Africa will caution Trump against ‘premature’ trade review

2020-01-29 12:39

SA's govt will tell the Trump administration that its review of a preferential trade agreement that could put as much as R35bn in exports at risk is premature and potentially damaging for both economies.

Ramaphosa vows to honour Maponya's dream for young entrepreneurs

2020-01-14 15:31

The president told mourners at the businessman's official state funeral that he would work to develop a youth entrepreneurship academy in his honour.

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