# The eThekwini Municipality council has adopted the metro’s 70.9-billion-rand budget for the 2025/2026 financial year. The budget prioritises infrastructure rehabilitation and economic development. Mayor Cyril Xaba says a major highlight of the budget is the adjusted tariff increases. He says these include a 12.72-percent increase in the electricity tariff as guided by the National […]
# FNB sê die Suid-Afrikaanse Reserwebank se Monetêre Beleidskomitee se besluit om rentekoerse te verlaag, dui op ʼn groter fokus op basiese plaaslike kwessies. Die komitee het die koers met 25 basispunte gesny wat die terugkoopkoers afbring tot 7,25-persent en die prima uitleenkoers tot 10,75-persent. FNB se produkhoof vir geïntegreerde advies, Ester Ochse, sê hulle […]
# ʼn Ekonoom aan die Noordwes-universiteit se Sakeskool, Raymond Parsons, sê die Suid-Afrikaanse Reserwebank se Monetêre Beleidskomitee se besluit om sy rentekoersverlagingsiklus voort te sit, is die regte een. Die komitee het die koers met 25 basispunte gesny. Dit bring die terugkoopkoers af tot 7,25-persent en die prima uitleenkoers tot 10,75-persent. Parsons sê op hierdie […]
# FNB says the South African Reserve Bank Monetary Policy Committee’s decision to cut interest rates highlights a greater focus on domestic fundamentals. The committee has cut the interest rates by 25 basis points, bringing the repo rate down to 7.25-percent and the prime lending rate to 10.75-percent. FNB’s product head for integrated advice, Ester Ochse, […]
# Die Kanadese eerste minister, Mark Carney, het die hofbeslissing verwelkom wat ʼn stokkie steek voor president Donald Trump se omvattende globale tariewe. ʼn Paneel van drie regters by die Amerikaanse Internasionale Handelshof het bevind Trump het sy gesag oorskry toe hy ʼn noodwet gebruik het om teen byna elke land tariewe te hef. Carney […]
# North West University Business School economist, professor Raymond Parsons, says the South African Reserve Bank Monetary Policy Committee’s decision to resume its interest rate-easing cycle is right. The committee has cut the interest rates by 25 basis points. This brings the repo rate down to 7.25-percent and the prime lending rate to 10.75-percent. Parsons […]
# Canadian prime minister Mark Carney has welcomed the court ruling that has blocked US president Donald Trump’s sweeping global tariffs. A three-judge panel at the US Court of International Trade ruled that Trump overstepped his authority when he used an emergency law to impose tariffs on nearly every country. Carney says the ruling is […]
# Die DA verwelkom die Reserwebank se rentekoersverlaging as noodsaaklike verligting vir sukkelende huishoudings. Die DA se woordvoerder oor Finansies, Mark Burke, sê egter dis geensins ‘n plaasvervanger vir langtermynhervormings nie. Burke bepleit verbeterde staatsbesteding, betrokkenheid vanaf die privaat sektor en minder rompslomp om volhoubare groei aan te vuur. Hy sê Suid-Afrikaners verdien ‘n regering […]
# The DA has welcomed the Reserve Bank’s interest rate cut as necessary relief for struggling households. DA Finance spokesperson, Mark Burke, says while the reprieve is welcomes, it’s no substitute for long-term reforms. Burke urges improved government spending, private sector involvement, and reduced red tape to drive sustained growth. He says that South Africans […]
