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    Omanyano ovanhu koikundaneki yomalungula kashili paveta, Commisiner Sakaria takunghilile Veronika Haulenga

Economic Impact

69 Results / Page 1 of 8

Background

South Africa

Cosatu Applauds SA’s Progress on FATF Grey List Removal

In South Africa, Cosatu has commended the government’s progress towards removing the country from the Financial Action Task Force grey list. South Africa was grey listed in February 2023, for not complying with international standards that relate to money laundering and addressing illicit financial flows. National Treasury has addressed 20 out of the 22 action items outlined in its action plan. Cosatu’s spokesperson, Matthew Parks, says the government must ensure […]

today26 February, 2025 27

Business / Economics

Trigon Metals, Union Secure Deal for Retrenched Workers

Trigon Metals’ Kombat Mine and the Mineworkers Union have reached an agreement benefiting 533 retrenched employees. According to a media statement, the deal includes severance pay, leave compensation, relocation support, and employer-covered medical exams. Retrenchment packages are set to be paid today, with a recall list ensuring priority rehiring if operations resume

today25 February, 2025 23

South Africa

SA Government Says KwaZulu-Natal Outbreak Not Linked to School Virus

  S.A's Agriculture minister John Steenhuisen has reassured the public that the foot and mouth disease spreading in KwaZulu-Natal does not affect humans and is unrelated to the virus impacting schools. Speaking to the media, Steenhuisen confirmed that red meat remains safe to eat but stresses the urgency of controlling the outbreak, as it threatens South Africa’s export potential, particularly in Asian markets:  

today22 February, 2025 42

Environment

Drought Puts 1.26 Million at Risk of Food Insecurity

A severe drought has disrupted farming, placing over 1.26 million people—40% of the population—at risk of food insecurity. The delayed rainy season and insufficient rainfall have worsened planting conditions. Agriculture Minister Calle Schlettwein has provided an update on the crisis.  

today22 February, 2025 42