# North-West University Business School economist, professor Raymond Parsons, says there needs to be a renewed emphasis on accelerating key structural reforms. The International Monetary Fund has reduced South Africa’s 2025 gross domestic product growth forecast from 1.5-percent to one-percent. The IMF is also projecting the country will reach a growth rate of only 1.8-percent […]
# Die president van die Europese Sentrale Bank, Christine Lagarde, sê sy hoop nie president Donald Trump van Amerika gaan die voorsitter van die Federale Reserwe, Jerome Powell, afdank nie. Trump het Powell in sy eerste termyn aangestel, maar oorweeg om hom af te dank voor sy termyn verstryk. Hy plaas druk op Powell om […]
# European Central Bank president, Christine Lagarde, says she hopes US president Donald Trump does not follow through on his threats to fire Federal Reserve chairman Jerome Powell. Trump appointed Powell during his first presidential term but is now looking into whether the Fed chief can legally be sacked before his term expires. He has […]
# Die Internasionale Monetêre Fonds het Suid-Afrika se ekonomiese groeiverwagting vir 2025 na een-persent hersien, wat beduidend laer is as die Nasionale Tesourie se vooruitskatting van 1,5-persent in Januarie. Die minister van Finansies, Enoch Godongwana, het verlede maand nog ‘n groeikoers van 1,7-persent vir vanjaar voorspel. Die IMF skryf die negatiewe hersiening toe aan verhoogde […]
# The International Monetary Fund has revised South Africa’s 2025 economic growth forecast down to 1-percent, significantly lower than the National Treasury’s projection of 1.5-percent in January. In March, Finance minister Enoch Godongwana was still forecasting growth of 1.7-percent this year. The IMF attributes this downgrade to escalating global trade tensions, particularly the impact of […]
# Die DA beskuldig ActionSA dat hy doelbewus die publiek mislei met vals bewerings oor die nasionale begrotingsproses. Die DA sê ActionSA is besig om ‘n oneerlike veldtog te voer om misleiding te veroorsaak met sy rol in die hulp om die fiskale raamwerk goedgekeur te kry. Die DA sê hy het die voorgestelde verhoging […]
# The DA says ActionSA is misleading the public with false claims about the national budget process. It accuses ActionSA of running a dishonest campaign to deflect from its role in helping pass the government’s fiscal framework. The party argues it opposed the proposed two-percent VAT increase from the beginning and led efforts to stop […]
# Die Parlement voer aan die verhoging van 0,5-persent in BTW wat volgende week van krag word, is wettig hangend parlementêre wysiging. Die DA en die EFF betwis die verhoging in die Wes-Kaapse Hooggeregshof, en beweer dat dit die Parlement se magte ten opsigte van belasting uitskakel. Uitspraak is voorbehou. Die Parlement se regsverteenwoordiger, Priscilla […]
# Parliament argues the 0.5-percent VAT hike set to commence next week is lawful, pending parliamentary amendment. The DA and EFF are challenging the increase, calling it unconstitutional and claiming it sidelines Parliament’s taxing powers. Judgment has been reserved. Appearing before the High Court in Cape Town, Parliament’s lawyer, Priscilla Pillay, defended the hike under […]
