Latest News & Developments
operation vulindlela
SARB interest rate easing cycle likely coming to an end, says Absa
Absa's economic team warns that the South African Reserve Bank's interest rate cutting cycle may be coming to an end following the decision to keep the repo rate unchanged at 7. 50%. Despite lower inflation forecasts, concerns about global trade tensions and domestic uncertainty are likely to prevent further cuts in the near term
VAT Increase, a solution or just a short-term fix to a long-term crisis?
The government has defended its decision to raise VAT by arguing that alternative revenue-raising measures, such as increasing corporate or personal income tax would do more harm than good.
Cabinet welcomes Finance Minister Enoch Godongwana's proposed 2025 Budget
Discover how the 2025 National Budget, approved by Cabinet, aims to address fiscal challenges while supporting South African families.
Government takes bold steps to revitalise the logistics as World Bank highlights inclusive growth
The South African government announces ambitious plans to revolutionise the logistics sector, backed by World Bank support, with key focus on rail infrastructure and private sector participation. Transport Minister Barbara Creecy outlines strategic reforms aimed at moving 250 million tonnes of freight by 2030.