Economy
Finance minister says the economy will sharply sink this year but recover next year
National Treasury will soon submit a revised budget bill to Parliament, Finance Minister Tito Mboweni announced on Friday. South Africa...
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Inflation in South Africa hits the lowest level this year
South Africa's inflation rate dropped to 4.1% - the lowest so far this year - in March, Statistics South Africa...
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Eskom warns loadshedding to return after lockdown
Large-scale load shedding might return in May when the lockdown is lifted, Eskom warns - and that could last until...
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Finance Minister warns shrinkage of the South African economy to
Finance Minister Tito Mboweni has issued a serious warning to the public that the South African economy is expected to...
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South African political parties calling for the closure or sale of SAA after government denies another bailout
Political parties called South African Airways to be sold or closed because it is nothing more than a vanity project...
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Cigarette ban now fueling illicit trade during 21-day lockdown
The cigarette ban in the country has confused and frustrated many smokers. Some smokers are now looking for alternative ways...
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South African Rand collapse to R19 per dollar
South Africa suffered another blow on Friday afternoon as government debt was downgraded to deeper junk status by Fitch Ratings....
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Tito Mboweni worried after Moody’s downgrade SA to junk
Moody's Investors Service downgraded South Africa to junk status late last night. In the statement, The National Treasury says that...
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Moody’s move South Africa to Junk Status
Moody's Investors Service finally downgraded South Africa to junk status. The main reason for the downgrade is the continuing decline...
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DA welcomes withdrawal of “absurd 51%-black-owned” Covid-19 business help fund
In a statement by DA member, Dean Macpherson, the DA welcomes the withdrawal of the leaked document from the Department...
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