Economists make case for up to 200 basis points interest rates cut
Economists have cautioned that government’s plan to lower inflation targeting would result in consumer paying high interest rates on credit for longer periods. ... Read more.
Union questions legality of R381m Ters payment to Post Office
A union representing workers of the cash-strapped Post Office has slammed government’s decision to pay their salaries through the department of labour’s Temporary... Read more.
Western Cape High Court confirms no VAT hike from May 1
The Western Cape High Court has confirmed that there will be no value-added tax increase from May 1. The court order, which was issued on Sunday, resulted in the... Read more.
Nafcoc reveals plans to acquire stake in Pick n Pay
The National African Federated Chamber of Commerce and Industry has embarked on a study to gauge the possibilities of acquiring a sizeable stake in grocery chain... Read more.
(ICYMI)TymeBank to cash in on ZCC Moria Easter pilgrimage
The Patrice Motsepe-owned TymeBank is banking on the Zion Christian Church (ZCC) Moria Easter weekend pilgrimage to grow its client book. For the first time since... Read more.
Only spaza shops run by SA citizens must benefit from R500m fund – BBC
The Black Business Council (BBC) has called on the government to tighten law enforcement to ensure that spaza shops owned by undocumented migrants do not benefit... Read more.
Jobs bloodbath likely as Trump tariffs threaten manufacturing, agriculture
Economists have warned that the tariff that US President Donald Trump imposed on South African could result in economic shocks, including a jobs bloodbath and soaring... Read more.
State must write off unpayable R100bn municipal Eskom debt, economist says
The state needs to write off almost R100-billion debt that municipalities owe to Eskom. In addition, government should inject human resource capacity while also... Read more.
Top execs receive obscene packages as staff struggle to make ends meet
Figures contained in the recently released annual financial reports lay bare how most South African JSE-listed companies are perpetuating income disparities by giving... Read more.
Godongwana’s growth projection is pie in sky – economists
Economists have slammed Finance Minister Enoch Godongwana’s projection that the domestic economy would this year grow by 1.9% as baseless. Their criticism comes... Read more.
