Author: Mpho Sibanyoni

News

State plans fiscal anchor to curb excessive borrowing, contain high national debt

The National Treasury has come up with tough proposals that will result in legislation changes to rein in unsustainable public sector practices that have resulted... Read more.
Business

SA needs aggressive infrastructure budget to create jobs

The government’s R6-trillion debt and the amount of funds National Treasury allocates to infrastructure projects will come under scrutiny when finance minister... Read more.
Changes at Reserve Bank
Big Reads, Business

Reserve Bank starts public consultation over discontinuing prime lending rate

The South African Reserve Bank (SARB) has started a consultation process aimed at discontinuing the prime lending rate—a rate at which banks lend to consumers.... Read more.
Steel producer Amsa records big losses
Business

Steel producer ArcelorMittal SA suffers multibillion-rand losses

Despite ArcelorMittal SA’s (Amsa) annual results showing that the steel producer once again suffered multibillion-rand losses, Eskom’s special tariff for ferrochrome... Read more.
Additonal traffic control measures likely as holidaymakers return home
News

Stricter measures considered for N3 to Gauteng as scores return from holidays

As holidaymakers continue their return journeys, peak traffic conditions are anticipated in a northbound direction towards Gauteng starting from Friday and continuing... Read more.
Novus' takeover plan stopped
Business

Regulator thwarts print giant’s ‘attempt’ to take over ICT firm at a cheaper rate

Authorities have dashed print, publishing, and packaging manufacturing giant Novus’ alleged attempt to take over an information and communications technology... Read more.