Browsing: SA economy

President Cyril Ramaphosa says government remains committed to transformation of the economy and empowerment. He was addressing the nation through…

Stage 3 load shedding will be implemented from 4pm and Tuesday evening until 5am, Eskom said on Monday. Stage two…

By Ezekiel Kekana PRASA says 396 Shosholoza Meyl train carriages nationally will be scrapped and sold. 155 carriages have been parked…

Eskom has announced that Stage 1 and 2 load shedding will be implemented for the rest of this week. Stage…

Struggling Eskom implemented Stage 4 load-shedding early Tuesday morning. The power utility said five generation units at five power stations broke…

Transnet has tabled a three-year wage offer to the South African Transport and Allied Workers Union (SATAWU) and the United…

By Zimbali Mncube The first two articles in this series focused on defining a Universal Basic Income Grant (UBIG) and explaining its impacts…

Eskom will continue to implement load shedding this week due to constraints from its diesel suppliers that is affecting the…

Dear Fellow South African, For every person living in this country, the past two weeks of load shedding have been…

The South African Reserve Bank’s Monetary Policy Committee (MPC) has hiked the repurchase rate (repo rate) by 75 basis points.…

By James Stent 1. Revenue from train fares has plummeted while the state subsidy has skyrocketed Nothing quite conveys the disastrous…

President Cyril Ramaphosa says resolving the energy crisis is critical to ensure that the economic and investment potential of the…

Eskom CEO, Andre de Ruyter, says the power utility is working hard to bring back failing generation units and restore…

Petrol users could see another sizable reduction in their fuel price in October while diesel users are facing an increase,…

Deputy President David Mabuza has acknowledged that illegal mining is a major challenge in South Africa. “It has grown to…

Deputy President David Mabuza has assured Parliamentarians that there are no plans to privatise the national power utility, Eskom. “Government’s…

Eskom said this morning that three units at the Kendal Power Station tripped, forcing the power utility to implement stage…

Eskom has implemented Stage 4 load-shedding from 10 am Saturday until Monday morning. “Regretfully, due to additional breakdowns overnight, Eskom…

Eskom announced today that Stage 2 loadshedding will be implemented from 16:00 – 22:00 tonight. The energy provider added that…

President Cyril Ramaphosa says the latest employment figures – which show a decline in the unemployment rate for the second…

South Africa’s power utility, Eskom, has not been able to provide a steady electricity supply for several years now. At…

The SA Reserve Bank (SARB) is likely to again increase its interest rates next week, say economists at the Bureau…

President Cyril Ramaphosa says the achievements by Operation Vulindlela demonstrates the commitment of government to implementing reforms that are necessary…

President Cyril Ramaphosa says government is doing everything in its means to ensure that the current load shedding experienced by…

The government has noted and welcomed Moody’s decision to affirm South Africa’s long term foreign and local currency debt ratings…