# South African Reserve Bank Governor Lesetja Kganyago says the rand has remained relatively resilient despite economic uncertainty caused by the Iran war. Speaking to Bloomberg TV during International Monetary Fund and World Bank meetings in Bangkok, Thailand, he said the currency’s reduced volatility reflected greater confidence in South Africa’s economic outlook. He emphasised that […]
# President Cyril Ramaphosa sê Suid-Afrika moet ophou staatmaak op die uitvoer van onverwerkte minerale en die invoer van produkte teen hoër pryse. Hy het by die bekendstelling van Vedanta Zinc International se Gamsberg Fase Twee Uitbreidingsprojek in die Noord-Kaap gesê die land verloor ekonomiese geleenthede deur ander lande toe te laat om sy natuurlike […]
# Eskom says its year-to-date energy availability factor has reached 68.2 percent, the highest in six years. The utility says improved generation has reduced diesel spending by 4.87-billion-rand compared with last year, while unplanned outages have also declined. Load reduction has dropped by 88.6-percent, leaving about 194-thousand customers affected, mainly in Gauteng and KwaZulu-Natal. Meanwhile, […]
# Die omgewingsvoorstandersgroep Green Connection doen ‘n beroep op die energiereguleerder, Nersa, om Eskom se voorgestelde elektrisiteitsprysverhoging van 8,83-persent vir die 2027/28-boekjaar te verwerp. Die organisasie voer aan gesinne en kleinsakeondernemings kry reeds swaar weens hoë lewenskoste en werkloosheid. ‘n Woordvoerder van die groep, Lisa Makaula, sê die reguleerder moet die nutsmaatskappy se koste noukeurig […]
# The South African Reserve Bank plans to begin testing a new shared ATM network in January, as part of efforts to make cash cheaper and easier to access. The plan would turn the country’s roughly 30-thousand ATMs into unbranded machines that customers of different banks can use. The Reserve Bank also wants withdrawals below […]
# Die minister van Handel, Nywerheid en Mededinging, Parks Tau, sê Suid-Afrika sal bestaande half-afgebreekte voertuigmonteringsbedrywighede uitfaseer en nie meer nuwe fasiliteite ondersteun nie. Tau het by die South Africa Auto Week in Durban gesê die regering sal die definisies van volledig afgebreekte vervaardiging versterk, wat meer plaaslik vervaardigde onderdele gebruik. Die beleid sluit medium- […]
# Die Suid-Afrikaanse Reserwebank beplan om in Januarie met die toets van ‘n nuwe gedeelde OTM-netwerk te begin, as deel van pogings om kontant goedkoper en meer toeganklik te maak. Die plan sal die ongeveer 30-duisend OTM’e in die land in masjiene sonder handelsmerke omskep wat deur kliënte van verskillende banke gebruik kan word. Die […]
# The Green Connection is calling on the energy regulator Nersa to reject Eskom’s proposed 8.83-percent electricity price increase for the 2027/28 financial year. The organisation states families and small businesses are already struggling with high living costs and unemployment. The environmental group’s Lisa Makaula says the regulator must check the utility’s costs carefully and […]
# President Cyril Ramaphosa says South Africa must stop relying on exporting raw minerals and importing finished products at higher prices. Speaking at the launch of Vedanta Zinc International’s Gamsberg Phase Two Expansion Project in the Northern Cape, Ramaphosa said the country is losing economic opportunities by allowing other countries to process its natural resources. […]
