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Economy

 

Economy / 05-05-21 / Staff Writer

Powering the economy through alternative energy

South Africa is finalising the much-anticipated Hydrogen Society Roadmap as the country shapes its industrialisation and economic pathway.

Economy / 08-04-21 / Staff Writer

Blaze wrecks over 1 000 structures in Cape Town

Human Settlements, Water and Sanitation Minister, Lindiwe Sisulu, has confirmed that over 800 temporary housing units have been allocated to the fire victims of Masiphumelele, Cape Town.

Economy / 08-04-21 / Staff Writer

Government welcomes IMFs update on SA economy

Government has welcomed the International Monetary Fund’s (IMF) revised upward growth outlook of South Africa from 2.8% to 3.1% for 2021

Economy / 06-04-21 / Staff Writer

Petrol price increases in April

The price of petrol is set to increase by between R1 and 95 cents a litre as of Wednesday, the Department of Mineral Resources and Energy (DMRE) said.

Economy / 31-03-21 / Staff Writer

Irregular expenditure decreases

Irregular expenditure reported in the 2019-2020 financial year in government has decreased to R54.34 billion from the R66.90 billion in the previous year.

Economy / 09-03-21 / Staff Writer

Business support crucial to save jobs: President Ramaphosa

President Cyril Ramaphosa says every effort must be made to support local businesses that were severely affected by COVID-19 in a bid to save jobs and create new ones.

Economy / 09-03-21 / Staff Writer

South Africa's GDP shrinks by 7%

The South African economy contracted by 7% in 2020, Statistician-General, Risenga Maluleke, has revealed.

Economy / 03-03-21 / Staff Writer

2021 Could Mark SAs Economic Comeback Year: OMIG

2021 could see a turnaround in South Africa’s market and macro-economic prospects, despite the continuing challenges

Economy / 10-02-21 / Staff Writer

National Minimum Wage increased to R21.69 per hour

The National Minimum Wage (NMW) will increase to R21.69 per hour from 1 March.

Economy / 09-02-21 / Staff Writer

Eskom implements load shedding stage 2 effective tonight

Lights will be out from 10pm tonight until 5am on Wednesday as Eskom continues to experience system constraints.

Economy / 09-02-21 / Staff Writer

SONA 2021 to reflect on the new normal

President Cyril Ramaphosa will deliver this year’s State of the Nation Address (SONA) under a significantly altered global and domestic environment

Economy / 06-01-21 / Staff Writer

Eskom implements immediate 2 nights of load shedding

Eskom has announced that it will implement stage 2 load shedding from 10pm to 5am for two nights effective tonight, Wednesday 6 January 2021 up to Thursday 7 January 2021.

Economy / 04-01-21 / Staff Writer

Fuel prices set to go up in the week

In a statement on Monday, the Department of Mineral Resources and Energy (DMRE) said the price of 93 (ULP and LRP) will go up by 43 cents, while that of 95 (ULP and LRP) will increase by 40 cents.

Economy / 04-01-21 / Staff Writer

New dawn for SA trade with Africa

The 1st of January 2021 marked the start of South African firms trading under the African Continental Free Trade Agreement and with the United Kingdom under the Southern African Customs Union (SACU) Mozambique–UK Economic Partnership Agreement.