Plans are underway to develop new container terminals at the ports of Richards Bay and Durban, and to relocate the SA Navy Base from Salisbury Island
South Africa no longer purely marketed as a leisure destination, but as a country of choice for conferences and exhibitions
A report suggests that government could save R150 billion in wasteful expenditure if it stopped overpaying its contractors
According to the treasury, the country’s authorities still need to fulfil 17 tasks in its 22-point plan
The employees have won an appeal against WNS after being unfairly dismissed during the implementation of a labour outsourcing agreement
Commentators are cautiously positive about the treasury’s decision to use the Gold and Foreign Exchange Contingency Reserve Account
The 2024 budget is Duncan Pieterse’s first as director general. And he says the fiscal framework does not constitute a negotiating position
Additional funds have been allocated to pay teachers, doctors, nurses and police officers but productivity is not always commensurate with salaries
A proposed R6.9 billion is to be allocated over the next three years to prepare for the rollout of the system across the country
The incentive is aimed at encouraging investments in local production
The budget points to state-owned entity bailouts as a key driver of South Africa’s increasingly constrained fiscal position
The term’s of its extension beyond 2025 have yet to be agreed on, but the treasury has made provisional allocations for the grant
The South African Revenue Service has turned to salaried workers and professionals to buoy revenue collection but is also targeting multinationals posting profits abroad
The decision follows pressure from civil society and labour — as well as warnings that the treasury risks leaving the Reserve Bank in a precarious position
Minister of Finance, Enoch Godongwana, will present the 2024 Budget Speech at the Cape Town City Hall
The country’s jobs data comes the day before the tabling of what looks to be another tightly managed budget
And there are fewer journalists to hold policymakers accountable for this decline
The budget is expected to lay out plans to raise R15bn in revenue, amid a commodity-induced slump
In this instalment of The Fiscal Cliff – a Mail & Guardian series on how South Africa’s budget has been shaped – Sarah Smit considers the intimate link between the country’s ultra-high unemployment rate and austerity
They allege they contracted incurable lung diseases while working on mines and want compensation for the harm caused to their health
In an interview, Sibanye-Stillwater CEO Neal Froneman also refutes the view that South Africa’s biggest mining employer is overextended
Start-ups that won the Irish Tech Challenge want to expand their enterprises to the European Union
Domestic constraints on the industry may be easing, but this will do little to counteract the effect of the commodity price slump
The leading coal exporter is not giving up, even as local logistics constraints and falling prices bear down on sales
The government’s efforts to liberalise the country’s energy market is nothing to be scoffed at, experts say
Speaking during the opening ceremony of the Mining Indaba, the president emphasised that work is underway to unlock investment
The department of mineral resources and energy had hoped to finalise the long-awaited energy plan by May but the call for public comment has been extended
The industry has struggled in the face of energy and logistics constraints, but signs of progress have stirred cautious optimism
New millionaire residents will surge by 85% in 2033, making it one of the Brics nations fastest growing wealth hubs
Makana’s budget, and those of most municipalities, need monitoring and the corrupt and wasteful held to account
The International Monetary Fund has slashed South Africa’s 2024 growth forecast as the country’s economy grapples with logistics constraints
Delegates from 40 African countries are in Durban to strengthen the agreement to boost intra-African trade