insert_link South Africa Business Unity South Africa has called on president Cyril Ramaphosa to implement plans Business Unity South Africa has called on president Cyril Ramaphosa to implement plans from his Opening of Parliament Address. CEO Khulekani Mathe emphasised the need for inclusive and transformational growth, amid high unemployment at 32.9-percent. He stressed the importance of job security and urged the government of national unity to address local government challenges: todayJuly 23, 2024 31
insert_link South Africa S.A’s Ramaphosa Confident in Resolving NHI Disputes And Focuses on Strengthening Healthcare Infrastructure President Cyril Ramaphosa of South Africa, says in implementing National Health Insurance, he is confident that the government of national unity will be able to resolve differences and clarify misunderstandings. NHI was signed into law earlier this year by the president, despite facing widespread criticism from doctors, medical aid schemes, opposition parties, and even Parliament’s legal team. Addressing the opening of Parliament in Cape Town yesterday evening, Ramaphosa says in […] todayJuly 19, 2024 20
insert_link South Africa South Africa’s president President Cyril Ramaphosa Commits to Sustainable Economic Growth South Africa's President, Cyril Ramaphosa says the government of national unity will pursue every action that contributes to sustainable, rapid economic growth, and remove every obstacle that stands in the way of growth. The president says they will continue to pursue programmes that encourage broad-based black economic empowerment, employment equity, and support to small and medium-sized enterprises: todayJuly 19, 2024 12
insert_link South Africa S.A’s President Cyril Ramaphosa Unveils Strategic Priorities for Next Five Years S.A's President says the government of national unity has resolved to dedicate the next five years to actions that will advance three strategic priorities. Cyril Ramaphosa added that these are to drive inclusive growth and job creation, reduce poverty, tackle the high cost of living, and build a capable, ethical, and developmental state. He delivered the opening of Parliament address at the City Hall in Cape Town yesterday evening. Ramaphosa […] todayJuly 19, 2024 11
insert_link South Africa S.A’s Transport minister says her first task in the seventh administration is to stabilise the transport system S.A's Transport minister Barbara Creecy says her first task in the seventh administration is to stabilise the transport system and make the department is fit to fulfil its policy-making and regulatory role. She presented the department's budget vote yesterday. The minister says every year, the country sees more than ten-thousand fatal crashes, which amount to almost three-percent of the annual Gross Domestic Product. Creecy also highlighted the department’s mission: todayJuly 16, 2024 21
insert_link South Africa South African organisation OUTA has questioned some cabinet appointments The South African organisation OUTA has questioned some cabinet appointments, seeking greater transparency from new ministers. CEO Wayne Duvenage hopes for closer consultation with civil society and better service delivery. Duvenage has criticised the increased cabinet size and the retention of underperforming ministers stating the bloated cabinet will be a massive cost to society. He has also emphasised the need to address wasteful expenditure, maladministration, and corruption: todayJuly 2, 2024 28
insert_link South Africa Ramaphosa’s New Cabinet Announcement Sparks Rally in South African Markets In S.A, President Cyril Ramaphosa's new cabinet announcement has sparked a significant rally in South African shares and bonds, easing investor concerns. Key positions were given to business-friendly opposition politicians, with Enoch Godongwana retained as Finance minister. This move signals a continued commitment to prudent fiscal policy. Economist Dawie Roodt says bond yields fell, and the Johannesburg Stock Exchange's all-share index rose: todayJuly 2, 2024 16
insert_link South Africa South Africa’s New Unity Government Sparks Cautious Optimism Amid Economic Concerns South Africa's new unity government, formed by President Cyril Ramaphosa with former opposition leader John Steenhuisen heading a key ministry, has garnered cautious optimism from industry and financial markets. Reuters reports that many citizens and political analysts express concerns about the coalition's ability to achieve economic growth and social reforms, marking the first coalition cabinet in three decades involving the Democratic Alliance and other parties. todayJuly 2, 2024 12
insert_link Business / Economics 1st July 2024 Morning Biz News: OK Foods Cuts Costs, Rand Rallies, Oil Prices Rise, and Euro Gains Amid Political Shifts OK Foods Leads with Significant Basket Cost Reduction OK Foods has demonstrated remarkable cost management, recording the largest year-on-year decrease in basket cost among the seven stores surveyed by The Brief. The basket cost, which was close to N$1100 in June last year, has dropped by 11.65% to N$984.11 this past June. This reduction highlights OK Foods' commitment to providing value to its customers amidst challenging economic conditions. South African […] todayJuly 1, 2024 19