6 h. ago Concerns rise over Military budget ahead of Finance Minister’s speech

South Africa's military spending is among the lowest in its GDP category

Politics

7 h. ago ANC leads in political funding donations, followed by DA: IEC report

IEC 2024 -2025 financial report reveals how much money political parties received from sponsors.

Politics

25 h. ago Germany Joins Forces with AfDB to Boost Africa’s Energy Access

The African Development Bank (AfDB) is partnering with Germany to accelerate energy access and bolster private sector growth across Africa. Announced at a high-level meeting in Abidjan, the partnership will expand support for Mission 300, a project aiming to deliver electricity to 300 million Africans by 2030, and increase financing for private sector-led development in… Read More »Germany Joins Forces with AfDB to Boost Africa’s Energy Access The post Germany Joins Forces with AfDB to Boost Africa’s Energy Access first appeared on iAfrica.

Events

27 h. ago Lesufi accused of misleading Gauteng residents during his SOPA

Lesufi replied that the multi-billion rand projects are on track.

Politics

27 h. ago ‘Almost all G20 governors represented at Finance Track meeting’

Ministers Lesetja Kganyago and Enoch Godongwana briefed the media on the outcome of the meeting.

Politics

29 h. ago Cabinet to have a special meeting on Monday to finalize the budget

Cabinet and Treasury will have a special meeting on Monday, to finalize the country's budget.

Politics

35 h. ago LIVE | Minister Ntshavheni briefs media on Cabinet meeting outcomes

Minister in the Presidency Khumbudzo Ntshavheni briefs the media on the Cabinet meeting outcomes.

Politics

35 h. ago Man sentenced to 10 years for fraudulent vehicle finance scheme

Thabang Calvin Ndlovu, 25, has been sentenced to 10 years in prison for fraud.

Politics

36 h. ago SARS Commissioner Urges G20: ‘Build Collection Capacity Before Hiking Taxes

South African Revenue Service (SARS) Commissioner Edward Kieswetter has advised G20 finance ministers that bolstering tax collection capacity is a far more effective path to increased revenue than simply raising tax rates. His comments came during a panel discussion held on Wednesday, on the sidelines of the G20 Finance Ministers and Central Bank Governors’ meeting… Read More »SARS Commissioner Urges G20: ‘Build Collection Capacity Before Hiking Taxes The post SARS Commissioner Urges G20: ‘Build Collection Capacity Before Hiking Taxes first appeared on iAfrica.

Politics

36 h. ago Nhlanhla Nene Warns Treasury: ‘We Can’t Spend Money We Don’t Have’ as Debt Soars

Former Finance Minister Nhlanhla Nene has cautioned that the National Treasury faces tough decisions to rein in government spending as it prepares to reintroduce the 2025/26 budget to Parliament next month. He believes the option of borrowing more money is no longer viable, given the country’s mounting debt burden. Government’s initial plan to raise R58… Read More »Nhlanhla Nene Warns Treasury: ‘We Can’t Spend Money We Don’t Have’ as Debt Soars The post Nhlanhla Nene Warns Treasury: ‘We Can’t Spend Money We Don’t Have’ as Debt Soars first appeared on iAfrica.

Events

36 h. ago Ramaphosa Demands Urgent Reset on Africa’s Debt Woes at G20 Summit

President Cyril Ramaphosa has called for a fresh approach to tackle Africa’s persistent debt crisis, warning that half of African nations pay more to service their debt than they do on healthcare, education, and other key development priorities. Addressing the opening of the G20 Finance Ministers and Central Bank Governors’ meeting in Cape Town on… Read More »Ramaphosa Demands Urgent Reset on Africa’s Debt Woes at G20 Summit The post Ramaphosa Demands Urgent Reset on Africa’s Debt Woes at G20 Summit first appeared on iAfrica.

Politics

60 h. ago Debt sustainability is SA’s key focus at G20 Finance Track meetings

Ramaphosa says debt sustainability for developing economies remains one of the priority for SA.

Politics

62 h. ago LIVE: President Ramaphosa opens G20 Finance Ministers’ Meeting

President Cyril Ramaphosa opens the first meeting of the G20 Finance Ministers.

Politics

3 d. ago SA urges G20 counterparts to engage over science and innovation

The G20 in South Africa is hosted under the theme "Solidarity, Equality and Sustainability."

Politics

3 d. ago Lesufi’s SOPA lacks key interventions to solve challenges: Analyst

The Premier will meet with President Ramaphosa to discuss the 13 major issues affecting the province

Politics

3 d. ago N West residents plead with govt to fix roads after heavy rains

N West residents are asking government to fast-track road repairs after the recent heavy rains.

Politics

3 d. ago AfDB Reveals Candidates Cleared to Contest for Bank’s President

The African Development Bank has officially unveiled a list of five cleared candidates for the presidential election on May 29, 2025. On that day, the bank’s Board of Governors, comprising representatives from member countries, will vote for their preferred candidate. The five cleared candidates are Mr. Hott Amadou from Senegal, Dr. Maimbo Munzele from Zambia,… Read More »AfDB Reveals Candidates Cleared to Contest for Bank’s President The post AfDB Reveals Candidates Cleared to Contest for Bank’s President first appeared on iAfrica.

Politics

5 d. ago Eskom’s aggressive maintenance plan leaves little headroom: Ramokgopa

Ramokgopa says the generation capacity that they had was sufficient to meet the demand.

Politics

6 d. ago G20 Foreign Ministers’ Meeting Highlights Economic Divisions Amid Global Tensions

The recent G20 foreign ministers’ meeting revealed significant economic divisions, as global economic challenges, including inflation, trade tensions, and the ongoing Ukraine conflict, remain unresolved. U.S. Secretary of State Marco Rubio’s absence, amid accusations of anti-American sentiment, underscored the rift between major economies. Despite the group’s importance in addressing international economic issues, differing stances on… Read More »G20 Foreign Ministers’ Meeting Highlights Economic Divisions Amid Global Tensions The post G20 Foreign Ministers’ Meeting Highlights Economic Divisions Amid Global Tensions first appeared on iAfrica.

Politics

6 d. ago Ethiopian Bondholders Dispute IMF’s Debt Relief Assessment Amid Export Surge

Investors holding Ethiopia’s defaulted $1 billion bond have contested the International Monetary Fund’s (IMF) evaluation of the country’s debt relief needs. They argue that the IMF has underestimated the positive impact of increased gold and coffee exports on Ethiopia’s financial recovery. The bondholder committee, which owns 40% of the debt, claims that the IMF’s projections… Read More »Ethiopian Bondholders Dispute IMF’s Debt Relief Assessment Amid Export Surge The post Ethiopian Bondholders Dispute IMF’s Debt Relief Assessment Amid Export Surge first appeared on iAfrica.

Politics