South Africa Archives - Page 20 of 81

President of S.A urges G20 to renew its efforts to advance debt sustainability

President Cyril Ramaphosa of S.A has urged the G20 to renew its efforts to advance debt sustainability, with a particular emphasis on African countries. The president delivered the opening address at Thursday's G20 foreign ministers' meeting at Nasrec in Johannesburg. South Africa is hosting the first meeting of foreign ministers since taking over the G20 presidency from Brazil in December. Ramaphosa says more than 3.3-billion people live in countries where […]

21 February, 2025

Business / Economics

President of S.A has urged G20 leaders to focus on addressing geopolitical tensions

President Cyril Ramaphosa of S.A has urged G20 leaders to focus on addressing geopolitical tensions and rising inequality. Speaking at the G20 foreign ministers meeting in Johannesburg, he emphasised that these issues threaten global stability and require coordinated solutions. Ramaphosa called for stronger financial support for developing nations, particularly in disaster recovery and the just energy transition:

21 February, 2025

Business / Economics

Ramaphosa Opens G20 Foreign Ministers Meeting in S.A

S.A President Cyril Ramaphosa has officially opened the G20 Foreign ministers meeting at Nasrec in Johannesburg, marking the first meeting under South Africa’s G20 presidency. In his keynote address, Ramaphosa welcomed delegates and highlighted the significance of the summit being held on African soil for the first time. He called for greater cooperation and solidarity among nations to address global challenges like poverty, inequality, and conflict:

21 February, 2025

South Africa

In S.A, Minister of Finance will table 2025 budget on 12 March

South Africa's Minister of Finance Enoch Godongwana has confirmed that the 2025 budget will be tabled on 12 March, following additional deliberations within the cabinet. The budget speech was initially set for yesterday, but government decided to delay it to allow further discussions. Godongwana told the media the delay is in line with the Public Finance Management Act, which allows for a postponed presentation in exceptional circumstances:

20 February, 2025

South Africa

SA Union Criticizes Government for Neoliberal Policies

The South African Federation of Trade Unions says the government of national unity continues to champion neoliberal economic policies that actively undermine job creation. Saftu’s spokesperson, Newton Masuku, says ahead of Finance minister, Enoch Godongwana’s budget speech today, they are demanding an immediate reversal of austerity measures. Meanwhile, the Public Servants Association says it expects Godongwana to present a budget that prioritises economic growth, job security, and the strengthening […]

19 February, 2025

South Africa

In S.A, DA Demands Accountability Over R1 Billion Municipal Deficit

In S.A, the DA in the Free State is calling for urgent accountability, as the Maluti-a-Phofung Municipality ends the 2023/2024 financial year with a one-billion-rand deficit. Over the past year, revenue stood at 1.73-billion-rand while expenses reached 2.82-billion-rand. The DA’s, Alison Oates, says this financial mismanagement directly affects residents, who continue to face water shortages, electricity instability, and deteriorating municipal services:

19 February, 2025

Oshiwambo

Etukuko lomukifi wo HFMD walopotwa moshitopolwa sha ‘KwaZulu-Natal, mo S.A

Oshikondo shouhaku mo South Africa, omandaxa osha pula oshiwana shingungumane noku kala shili okamutwe vandu shalandula ketukuko lomukifi wokeenyala, mokanya no keemadi(HFMD) moshitopolwa sha 'KwaZulu-Natal. Momukanda oo watuminwa okwa kwashilipaleka oshikondo tashilongo nelitulemo noku longela kumwe noshikondo shopashiwana osho hashi ungaunga nomikifi hadi tandavele noku tonatela onghalo oshoyo oku yandja eyambidido opo tashi pumbiwa oshoyo oku tala keenghendabala dokuya moshipala etandavelo lomukifi. Eelopota oda ulika kutya fiyo opapa moshitopolwa sha […]

19 February, 2025

South Africa

In South Africa, GOOD Party supports basic income grant as priority

The GOOD Party says implementing a basic income grant should be priority number one in Finance minister Enoch Godogwana’s budget speech on Wednesday. Economic research the party conducted nearly two years ago, pointed to the country being able to afford a 999-rand basic income grant if it changed its approach to budgeting. GOOD’s secretary-general, Brett Herron, says South Africa is constitutionally obliged and can no longer afford not to implement […]

18 February, 2025

Business / Economics

Morning Biz News – 18 February 2025

Local Market Update The Namibian stock market saw a total of 337,067 shares traded on 17 February 2025, amounting to N$9.32 million across 20 deals. Year-to-date, total trades have reached 8.5 million shares, valued at N$505.68 million. According to the NSX daily report, Financials, Basic Materials, and Consumer Staples led in value, while Exchange-Traded Products contributed N$12.03 million in trades so far this year. Rand Weakens Ahead of Budget Speech […]

18 February, 2025