News

South Africa abandons planned VAT hike after pushback
South Africa on Thursday scrapped plans to raise value-added tax after a political backlash that threatened the stability of ...
South African rand stable after VAT hike withdrawn, markets await budget clarity
The South African rand was stable on Thursday after the finance ministry said it was withdrawing a contentious increase in ...
South Africa Ditches Tax Hike That Tested Ruling Coalition
South Africa’s National Treasury will scrap a proposed tax increase that threatened to rupture the nation’s coalition ...
Daily Maverick4d
Parliament roasts Sascoc as administrative issues plague SA sport
The parliamentary sport committee believes that the South African Sports Confederation ... In an email read to Parliament to explain her absence, Molokwane said she believed she had no case ...
Mining Weekly2d
Minerals Council scoring big on South Africa’s socioeconomic transformation front
Minerals Council South Africa has been scoring big on the transformation front, going well beyond compliance, and hopes are ...
businesstech.co.za5d
Dark clouds gather over crucial South African industry
South Africa’s automotive sector, which employs over 100,000 people, is under siege, with demands for 10% wage hikes exacerbating a long list of blows to the industry. Worker unions for the ...
SuperSport4d
South African and Egyptian rivalry continues in Cairo on Friday
Both Mamelodi Sundowns and Orlando Pirates arrived in Cairo on Wednesday for their African Champions League semifinal second- leg ties on Friday as they try to set up an all-South African final ...
CNBC Africa4d
South African rand firms ahead of economic data
JOHANNESBURG, April 22 (Reuters) – The South African rand firmed early on Tuesday, ahead of the release of a key economic indicator by the country’s central bank. At 0636 GMT the rand traded ...
Mining4d
Silver lining spied for Africa’s gold exporters, oil importers
Surging gold and the slide in oil prices are offering some African countries a rare boost, as the region copes with the fallout from President Donald Trump’s trade war and freeze on US aid.
CNBC Africa3d
South African inflation falls to five-year low in March as fuel, education costs ease
Shoppers look for items as they shop at an outlet of retailer Checkers in Sandton City mall, in Sandton, South Africa, August 28, 2024. REUTERS/Lelethu Madikane JOHANNESBURG, April 23 (Reuters ...
Mail & Guardian4d
Timing the Rand: A South African perspective on monthly NFP trading strategies
In South Africa, where the rand (ZAR) is deeply influenced by external macroeconomic developments, the NFP release frequently sparks substantial price movement. As such, understanding and ...
Jewish Telegraphic Agency6d
Eight Jews Elected to Parliament in South African Elections
Eight Jews were among the 155 men and women elected to the South African Parliament in last week’s national elections, a survey here revealed today. Eleven Jews were candidates.