Senior US Treasury official optimistic about South Africa’s chances
Africa-Press - South-Africa. Cooperation between the government and business is boosting South Africa’s prospects, despite the myriad challenges the economy faces, US Deputy Treasury...
Treasury flags big problems at municipalities – including a R30 billion jump in debt
Africa-Press - South-Africa. The underspending of grant allocations, accumulating customer and municipal debt, and inadequate progress in revenue collection across South Africa’s 257 municipalities...
New electricity laws for South Africa passed by parliament
Africa-Press - South-Africa. Mineral Resources and Energy Minister Gwede Mantashe says the Electricity Regulation Amendment (ERA) Bill will “radically transform the structure of the...
4 new banks launching in South Africa
Africa-Press - South-Africa. The South African Reserve Bank’s (SARB’s) Prudential Authority has gazetted the official notice of registration for a new mutual bank in...
Ramaphosa picks Treasury deputy DG Mampho Modise as new Reserve Bank deputy governor
Africa-Press - South-Africa. President Cyril Ramaphosa has appointed the deputy director-general of the public finance division in the National Treasury, Mampho Modise, as the...
April points to better news for fuel prices
Africa-Press - South-Africa. South African motorists are to be hit with a petrol price increase again in April, though it looks to be less...
Basic income grant for South Africa is coming – it’s just a matter of...
Africa-Press - South-Africa. Finance Minister Enoch Godongwana says the question is not whether South Africa should have a basic income grant (BIG) but rather...
South Africa’s Covid relief grant to be hiked from April
Africa-Press - South-Africa. Finance Minister Enoch Godongwana announced that the government’s Social Relief of Distress (SRD) grant will be hiked by 6% to R370...
Despite rising bad loans, Standard Bank posts jump in annual profit
Africa-Press - South-Africa. Africa's biggest lender by assets Standard Bank said on Thursday its annual profit jumped by 27% as high interest rates helped...
WeBuyCars eyes R10 billion JSE listing
Africa-Press - South-Africa. WeBuyCars plans to achieve a market capitalisation of between R8.7 billion and R10 billion when it is listed on the JSE’s...