# North West University Business School economist Raymond Parsons says the South African Reserve Bank’s decision to keep interest rates unchanged will bring relief to businesses and consumers facing rising living costs. Parsons added the decision reflects concerns about weak economic growth and global uncertainty, including the conflict in the Middle East. He expects South […]
# Trade union Solidarity has welcomed the South African Reserve Bank’s decision to keep the repo rate unchanged at seven-percent. According to the union, the recent rise in inflation is mainly due to higher fuel prices and not monetary policy, meaning a rate hike would have had little effect. Solidarity’s Theuns du Buisson believes inflation […]
# The Technology Innovation Agency and the Wholesale and Retail Sector Education and Training Authority have signed a partnership to strengthen the innovation, skills and entrepreneurship ecosystem. The agreement aims to better link skills development with technology and business growth through initiatives such as internships, startup support, bursaries and entrepreneurship programmes. The agency’s Titus Mathe […]
# A judge in the High Court in the Free State, Lepono Lekale, has defended his eight-year sick leave before a Judicial Conduct Tribunal in Johannesburg, investigating whether he is medically unfit to remain on the bench. Lekale testified he underwent two amputations in 2018 before losing his sight, and said a traditional healer advised […]
# 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 […]
# Die Suid-Afrikaanse Reserwebank het gewaarsku stygende globale oliepryse, gedryf deur die konflik in die Midde-Ooste, kan inflasie langer hoog hou. Die president, Lesetja Kganyago het aan die media gesê hoewel plaaslike petrol- en dieselpryse onlangs gedaal het, bly volgehoue stygings in oliepryse ‘n groot risiko. Kganyago sê as oliepryse hoog bly, sal rentekoerse dalk […]
# Die vakbond Solidariteit het die Suid-Afrikaanse Reserwebank se besluit verwelkom om die terugkoopkoers onveranderd op sewe-persent te hou. Volgens die vakbond is die onlangse styging in inflasie hoofsaaklik te wyte aan hoër brandstofpryse en nie monetêre beleid nie, wat beteken ‘n rentekoersverhoging sou ‘n geringe uitwerking gehad het. Theuns du Buisson van Solidariteit glo […]
# Die president van die Suid-Afrikaanse Reserwebank, Lesetja Kganyago, sê voortdurende wêreldwye onsekerheid, veral die konflik in die Midde-Ooste en wisselvallige oliepryse, kan leenkoste langer hoog hou. Die Monetêre Beleidskomitee het die terugkoopkoers onveranderd op sewe-persent gelaat. Kganyago sê inflasierisiko’s bly hoog en toekomstige rentekoersbesluite sal afhang van inkomende ekonomiese data, inflasietendense en wêreldwye verwikkelings:
# ‘n Regter in die Hooggeregshof in die Vrystaat, Lepono Lekale, het sy agt jaar lange siekteverlof verdedig voor ‘n Geregtelike Gedragstribunaal in Johannesburg, wat ondersoek instel of hy medies ongeskik is om op die regbank te bly. Lekale het getuig dat hy in 2018 twee amputasies ondergaan het voordat hy sy sig verloor het. […]