# FNB senior economist Siphamandla Mkhwanazi says the re-emergence of heightened geopolitical tensions, higher oil prices and the potential for higher borrowing costs suggest consumer budgets will remain under pressure. South Africa’s retail sales surprised to the upside in July, with growth accelerating to 3.4-percent year-on-year from 1.1-percent in June. Mkhwanazi says this suggests consumer spending held […]
# Die Nasionale Tesourie sê die regering sal seker maak Eskom se ontbondelingsproses word versigtig beplan en bestuur om alle risiko’s te hanteer. Die proses om eienaarskap en beheer van die kragverskaffer se netwerkbates aan ʼn onafhanklike transmissiestelsel-operateur oor te dra, gaan voort. Die operateur sal toesig hou oor die stelsel en bemarking, en die […]
# The South African Federation of Trade Unions has expressed outrage at the continuing loss of mineworkers’ lives at Harmony Gold. Forty-six mineworkers have died at Harmony operations over the past five years, including eight workers this year already. In the latest incident, a worker died after a seismic event underground at the Mponeng mine in […]
# National Treasury says government will ensure that the Eskom unbundling process is carefully sequenced and managed to address all risks. Work is ongoing to transfer ownership and control of the power utility’s grid assets to an independent Transmission System Operator. The TSO will oversee system and market operations and support the development of a […]
# Die Amerikaanse Federale Reserwe het rentekoerse die eerste keer sedert 2023 verhoog om inflasie, wat bo sy teiken van twee-persent bly, te hanteer. Die federale raad het ʼn eenparige besluit geneem om die rentekoers met ʼn kwart persentasiepunt te verhoog na tussen 3,75-persent en vier-persent. Dit volg ten spyte van president Donald Trump se […]
# The US Federal Reserve has raised interest rates for the first time since 2023 to address inflation, which remains above its two-percent target. In a unanimous decision, the Fed board voted to raise its benchmark interest rate by a quarter-percentage point to a range of 3.75-percent to four-percent. This comes despite calls from president […]
’n Senior spesialis in die finansiële sektor by die Wêreldbank, Laura Pop, het aan die Madlanga-kommissie gesê lande benodig keuringstelsels wat aangepas is by hul spesifieke risiko’s, instellings en uitdagings op die gebied van staatsbestuur. Pop het met verwysing na meer as ’n dekade se werk teen korrupsie in Oekraïne, Moldowa, Kenia en Albanië, gesê […]
# World Bank senior financial sector specialist Laura Pop has told the Madlanga Commission that countries need vetting systems tailored to their specific risks, institutions and governance challenges. Drawing on more than a decade of anti-corruption work in Ukraine, Moldova, Kenya and Albania, Pop says one-size-fits-all models cannot address local corruption effectively. She says extraordinary […]
# Die Departement van Elektrisiteit en Energie, die WNNR en die Wêreldbankgroep het ‘n strategiese raamwerk vir die ontwikkeling van aflandige windkrag in Suid-Afrika bekend gestel. Die bekendstelling was tydens die Afrika Groenwaterstof-beraad in Kaapstad. Adjunkminister Alexandra Abrahams sê Suid-Afrika se geografiese ligging sorg vir bestendige windtoestande langs die kus, wat geleenthede skep vir die […]
