The licensing of Elon Musk’s Starlink has sparked debate about whether South Africa’s black economic empowerment laws are an impediment to growth or path to an inclusive economy
Pressure can be relieved in a number of ways such as cutting consultants and reducing staffing in non-core areas such as state-owned entities, as well as ministerial office staff
Mineral and Petroleum Resources Minister Gwede Mantashe said the strategy would help ensure policy and regulatory certainty in the mining sector
Three actions — debt reduction, a youth solidarity tax and limiting increases in public-sector salaries — that could lead to sustainable prosperity
In recent months, there has been a spate of abductions, assaults, arrests and murders, the victims all being opponents or critics of President Samia Suluhu Hassan’s government
The central bank has maintained price stability but needs to focus on growth given the high unemployment rate.
The party has proposed a R512.8bn revenue strategy and refuses to agree to a VAT increase
The country needs to embrace productivity-led growth to ensure sustainable economic development, foster employment and spur innovation.
In its court papers filed on Thursday, the party said the fiscal framework that will lead to the tax increase was pushed through unprocedurally
The monetary policy committee said it remains vigilant amid risks to inflation outlook on the global and domestic front
Budget approval hangs in the balance and resistance to it is set to play out in the legislature’s finance committees
Operational inefficiencies and infrastructure neglect have led to logistical challenges costing the economy R1 billion daily in lost economic output
The agriculture sector was up 17.2% and was the largest contributor to GDP growth during the period
Debt service costs and civil servant wages account for 61% of total government spending, reducing budgets for, say, education, infrastructure and health
This marks the second consecutive drop in the jobless rate, and the lowest since the third quarter of 2023
Liberalising aviation policies, including easing outdated ownership and capitalisation regulations, would boost Africa’s growth
The country’s ports and rail systems are shambolic, but GNU and a pause in load-shedding have elicited some optimism
The pause in load-shedding and government’s collaboration with business signals a positive shift, the delegation says
Proponents claim that gender bonds represent a powerful tool for addressing gender inequality and unlocking Africa’s economic potential
Trade, Industry and Competition Minister Parks Tau has invited new investors to take advantage of opportunities in the ‘rising’ province
An amount of R11 billion will be set aside to allow people early exit from public service
According to The Other Foundation’s latest report, this showcases economic resilience and growth
Prices have increased by over 30%, favouring gold-producing countries like South Africa, but structural issues are dampening opportunities
The Institute for Security Studies launched its Prospects 2043 report on Tuesday, with strong leadership seen as key to long-term stability in the country
The Democratic Alliance’s Gauteng leader Solly Msimanga points to rampant crime and unclear policies as major hurdles to investment and creating jobs
Efforts to reopen VBS as a commercial entity are ongoing, with a focus on regulatory oversight to prevent past mismanagement and corruption
Transnet christens two new locally built launch boats at Durban shipbuilding yard
Dropping democracy for aspirant autocrats who will put everything in order with a big stick might not be all it’s cracked up to be
President Cyril Ramaphosa’s Operation Vulindlela is forging ahead with its next phase amid ongoing wrangling over positions in his executive
The loss of an outright majority for the ANC should not be considered a panacea which promises to alleviate all our political and economic woes
As the political horse trading begins, the fate of the controversial policy is uncertain
Consumer inflation has eased but is still not comfortably within the central bank’s target of 3% to 6%