5 h. ago ‘Msiza influenced municipalities to invest in the now defunct VBS’

Msiza used his political power to influence municipalities to invest in the now defunct VBS.

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

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 ANC Turns to Veteran Leaders for Gauteng Rebuild After Electoral Setback

The African National Congress (ANC) has justified its decision to involve seasoned party veterans in the effort to rebuild its Gauteng structures. On Wednesday, Secretary-General Fikile Mbalula introduced new leadership arrangements for the province following the party’s underwhelming performance in the 2024 elections. Former Johannesburg mayor, Amos Masondo, is set to co-lead the ANC in… Read More »ANC Turns to Veteran Leaders for Gauteng Rebuild After Electoral Setback The post ANC Turns to Veteran Leaders for Gauteng Rebuild After Electoral Setback first appeared on iAfrica.

Politics

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

54 h. ago Matodzi testifies about gratifications and bribes to politicians

Matodzi has taken the stand in the corruption trial related to VBS looting.

Politics

3 d. ago World Bank says Ukraine needs $524 billion to recover 3 years of war

About 13% of Ukraine's total housing stock has been damaged or destroyed.

Events

3 d. ago Kganyago warns VAT changes are economic shock amid budget delay

The Bank says it only reacts when the VAT increase leads to further price increases.

Events

3 d. ago Former Thulamela Mayor embroiled in defunct VBS Bank scandal

Tshifhango allegedly received a bribe of a vehicle valued at more than half a million rand.

Politics

3 d. ago BREAKING NEWS: State drops charges against former JHB Mayor Gwamanda

The charges relate to the defrauding of several Soweto residents in an alleged funeral policy scam.

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 VBS depositors outraged over prioritised municipalities reimbursement

VBS depositors are angered that municipalities are getting preferential treatment.

Politics

6 d. ago ‘Ithala Bank, Ingonyama Trust problems due to political interference’

Political interference a problem in Ithala Bank and Ingonyama Trust issue.

Politics

6 d. ago NPA remains confident of case against Nelson Mandela Bay Deputy Mayor

The NPA confident it has case against suspended Nelson Mandela Bay Deputy Mayor Gary Van Niekerk.

Politics

7 d. ago ANC in Joburg concerned about reports of sabotage against Morero

The ANC in Johannesburg says it will not tolerate acts of sabotage against Mayor Dada Morero.

Politics

7 d. ago AfDB Predicts Stronger Growth for the African Economy in 2025

The African Development Bank (AfDB) has forecasted a 4.1% growth rate for Africa in 2025, up from the 3.2% recorded in 2024. According to the organization, the growth will be driven by economic reforms across multiple nations, easing inflationary pressures, and better debt management. South Sudan is projected to have the most growth, with a… Read More »AfDB Predicts Stronger Growth for the African Economy in 2025 The post AfDB Predicts Stronger Growth for the African Economy in 2025 first appeared on iAfrica.

Politics

7 d. ago Africa Energy Bank Aims to Tackle Power Shortage Amid Climate Concerns

A group of African countries plans to create the Africa Energy Bank (AEB) to finance oil and gas projects, countering reduced fossil fuel investments from Western institutions. Led by the African Petroleum Producers Organization (APPO) and Afreximbank, the initiative seeks to bolster Africa’s industrial growth by expanding energy access. However, environmentalists argue that fossil fuels… Read More »Africa Energy Bank Aims to Tackle Power Shortage Amid Climate Concerns The post Africa Energy Bank Aims to Tackle Power Shortage Amid Climate Concerns first appeared on iAfrica.

Politics

7 d. ago King Misuzulu convenes Imbizo over Ingonyama Trust, Ithala Bank

AmaZulu King Misuzulu kaZwelithini is convening an imbizo today in Nongoma...

Politics

8 d. ago African Union Endorses New Fund to Shield Continent from Debt Crises

African leaders have given their go-ahead for the African Development Bank to establish the African Financial Stability Mechanism (AFSM). The facility, initially called for by the continent’s leaders in February 2022, will seek to prevent debt crises among member nations before they emerge. The AFSM will seek its own credit rating, enabling it to borrow… Read More »African Union Endorses New Fund to Shield Continent from Debt Crises The post African Union Endorses New Fund to Shield Continent from Debt Crises first appeared on iAfrica.

Politics

9 d. ago Standard Bank confident in GNU ahead of the 2025 Budget Speech

The bank says risks to SA's fiscus include possible SOE bailouts and an expansion of social welfare.

Politics