# Die IVP sê al het die Suid-Afrikaanse Reserwebank se Monetêre Beleidskomitee die terugkoopkoers onveranderd gehou, sal baie landburgers steeds finansieel sukkel weens hoë lewenskoste, stadige ekonomiese groei en voortslepende werkloosheid. Die terugkoopkoers bly sewe-persent en die prima uitleenkoers bly 10,5-persent. ʼn IVP-woordvoerder, Nhlanhla Hadebe, sê die besluit bied wel kontinuïteit in monetêre beleid, maar […]
# 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 […]
# US president Donald Trump’s administration is imposing new tariffs ranging from ten-percent to 12.5-percent on 60 trading partners, including South Africa. This is for their failure to adopt and effectively enforce a prohibition on the importation of goods produced with forced labour. The tariffs target key economic partners, including the UK, China, the EU, […]
# 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 […]
# Die adjunkminister van Finansies, David Masondo, het bedank as raadsvoorsitter van die Openbare Beleggingskorporasie. Dit volg te midde van ʼn bestuurskrisis by Suid-Afrika se grootste batebestuurder. Sy bedanking volg na die voorlopige skorsing van die uitvoerende hoof, Patrick Dlamini, en die bedanking van ses nie-uitvoerende direkteure. Masondo sê sy bedanking is in belang van […]
# Deputy minister of Finance, David Masondo, has resigned as the Public Investment Corporation board chairperson, amid a governance crisis engulfing South Africa’s largest asset manager. His resignation follows the precautionary suspension of CEO Patrick Dlamini and the resignation of six non-executive directors. Masondo says his resignation is in the interests of the country and […]
# Terwyl die gewapende konflik tussen die VSA en Iran steeds toeneem, het oliepryse gister vir die eerste keer sedert Mei een-duisend-679-rand-39-sent per vat bereik. Brent-ruolie, die wêreldwye olie-maatstaf, het met meer as ses-persent gestyg. Pryse het gestyg nadat die Houthi-militante in Jemen twee Saoedi-Arabiese olietenkskepe in die Rooi See aangeval het, dae nadat die […]
# As renewed strikes between the US and Iran continue to escalate, oil prices hit one-thousand-679-rand-39-cents a barrel for the first time since May yesterday. Brent crude, the global oil benchmark, rose more than six-percent. Prices spiked after the Houthi militants based in Yemen struck two Saudi Arabian oil tankers in the Red Sea, days after […]
# Statistics South Africa says retail trade sales increased by 2.3-percent in May compared with the same month last year, showing continued growth in consumer spending. The biggest increases came from other retailers, clothing and footwear stores, and general dealers. Stats SA’s Raquel Floris says over the three months to May, retail sales were two-percent […]