# The Forum for South Africa has welcomed the South African Reserve Bank’s Monetary Policy Committee’s decision to keep the repo rate unchanged. The repo rate remains at seven-percent and the prime lending rate at 10.50-percent. FOSA leader, Tebogo Mashilompane, says, however, this decision offers little immediate relief to millions of South Africans who continue […]
# The DA is calling on Johannesburg mayor Dada Morero to ensure that the Johannesburg Metropolitan Police Department officers, who were recorded assaulting a motorist, are criminally charged. The recorded dashcam footage shows officers pulling a driver over before one of them wrapped his hands around him and started choking him. The DA’s Solomon Maila […]
# Standard Bank says the Reserve Bank’s Monetary Policy Committee’s decision to keep interest rates unchanged has provided welcome relief for the agricultural sector. This is despite inflation ticking higher to five-percent last month. Standard Bank’s Brendan Jacobs has cautioned the agricultural sector continues to face significant external risks, particularly from ongoing geopolitical tensions in […]
# The Western Cape MEC of Mobility, Isaac Sileku, has welcomed the Western Cape High Court’s ruling, which has found the Cape Organisation for the Democratic Taxi Association, the Khayelitsha Somerset West Local Taxi Association, and 23 individuals in contempt of court. This follows an interim order which interdicted the affected taxi associations and their […]
# The ANC Youth League says economic policies must place equal emphasis on growth, production and job creation alongside inflation management. Consumer price inflation skyrocketed to five-percent last month, the highest level in two years. Meanwhile, the South African Reserve Bank’s Monetary Policy Committee has maintained the repo rate at 7.5-percent and the prime lending […]
# The threat of a Gauteng-wide taxi shutdown next week has been averted after MEC of Roads and Transport, Kedibone Diale-Tlabela, met with the South African National Taxi Council and the Gauteng National Taxi Alliance. This follows a week of tensions between the department and taxi associations over alleged administrative delays and claims that the […]
# The IFP says while the South African Reserve Bank’s Monetary Policy Committee has kept the repo rate unchanged, many citizens continue to experience financial strain amid the high cost of living, slow economic growth and persistently high unemployment. The repo rate remains at seven-percent while the prime lending rate stays at 10.50-percent. The IFP’s […]
# The DA in Gauteng accuses premier Panyaza Lesufi of shielding corrupt officials by refusing to make public the lifestyle audits of the provincial government department heads, director generals, and the entities’ CEOs. The party says the same has happened with the 177 forensic reports that he initially refused to disclose. The DA alleges Lesufi […]
# The Public Servants Association is extremely concerned about the reported increase in South Africa’s consumer-price inflation to five-percent. The PSA says the continued erosion of purchasing power has left many employees struggling to meet basic household expenses, service debt, and provide for their families. The association spokesperson, Claude Naicker says the latest inflation figures […]
