43 m. ago Expectations of US recession rises after Trump increased tariffs

J.P. Morgan has raised it expectation of a US recession from 40% to 60%.

Politics

17 h. ago I’m a minister until I’m told I’m no longer needed: MacPherson

Public Works Minister, Dean MacPherson says the DA has a role to play in the GNU.

Politics

19 h. ago ActionSA Proposes R100 Billion Revenue Plan to Finance Minister Without Raising VAT

ActionSA has submitted a proposal to Finance Minister Enoch Godongwana, outlining strategies to generate R100 billion in additional government revenue without increasing the value-added tax (VAT). The party’s delegation met with the minister’s team on Saturday to discuss these alternative methods. With six seats in Parliament, ActionSA played a pivotal role in the recent approval of… Read More »ActionSA Proposes R100 Billion Revenue Plan to Finance Minister Without Raising VAT The post ActionSA Proposes R100 Billion Revenue Plan to Finance Minister Without Raising VAT first appeared on iAfrica.

Politics

34 h. ago Steenhuisen Reaffirms DA’s Commitment to Government of National Unity Amid Budget Disputes

Democratic Alliance (DA) leader John Steenhuisen has reiterated his party’s dedication to South Africa’s Government of National Unity (GNU), despite recent tensions with the African National Congress (ANC) over the 2025 budget. The DA opposed the proposed 0.5% Value Added Tax (VAT) increase, leading to a strain in relations between the coalition partners. ANC Parliament… Read More »Steenhuisen Reaffirms DA’s Commitment to Government of National Unity Amid Budget Disputes The post Steenhuisen Reaffirms DA’s Commitment to Government of National Unity Amid Budget Disputes first appeared on iAfrica.

Politics

38 h. ago Mbalula Slams DA Over VAT Dispute as ANC Opens Door to ActionSA in GNU

African National Congress (ANC) Secretary-General Fikile Mbalula has accused the Democratic Alliance (DA) of using the controversial 0.5% value-added tax (VAT) increase as a tool for political grandstanding. The VAT proposal has become a major sticking point between the two parties, after the DA refused to support the adoption of the fiscal framework in Parliament… Read More »Mbalula Slams DA Over VAT Dispute as ANC Opens Door to ActionSA in GNU The post Mbalula Slams DA Over VAT Dispute as ANC Opens Door to ActionSA in GNU first appeared on iAfrica.

Politics

42 h. ago DA’s budget vote shows it’s ‘no decisive force’ in GNU: Mashilo

Mashilo reiterates the SACP's opposition to the proposed VAT increase.

Events

45 h. ago SA launches R440bn transmission plan, eyes private sector funding

The 10-year plan aims to construct 14 000 km of transmission lines through PPP.

Politics

47 h. ago SARS forges ahead with 0.5% VAT hike despite DA legal challenge

SARS makes provisions to go ahead with the 0.5% VAT increase on May 1.

Politics

58 h. ago PP clears Ramaphosa in RDP house handover during ANC campaign

The Public Protector investigated a complaint against President Ramaphosa.

Politics

3 d. ago GNU Faces Crisis As Presidency Questions DA’s Commitment Following Budget Opposition

The Government of National Unity (GNU) in South Africa is experiencing significant strain after the Democratic Alliance (DA) opposed the recently proposed national budget, leading to questions about the party’s role within the coalition. The DA’s rejection of the budget, primarily due to disagreements over a proposed Value Added Tax (VAT) increase, has intensified existing… Read More »GNU Faces Crisis As Presidency Questions DA’s Commitment Following Budget Opposition The post GNU Faces Crisis As Presidency Questions DA’s Commitment Following Budget Opposition first appeared on iAfrica.

Events

3 d. ago Gauteng government secures over R312bn in investment pledges: Maile

Maile says investment pledges came from local, regional and international investors. 

Politics

3 d. ago Tshwane Mayor warns residents to brace themselves for tariff hikes

The City of Tshwane is struggling to increase its revenue collection.

Events

4 d. ago Gauteng Health to appeal judgment over radiation oncology services

The court's decision was in response to a case brought by the Cancer Alliance a week ago.

Politics

4 d. ago South African Steel Giant Gets State Boost to Avert April Shutdown

ArcelorMittal South Africa has postponed the planned closure of its long steel operations to August 31, following a $91.5 million lifeline from the state-owned Industrial Development Corporation. The struggling steelmaker had earlier announced it would shut down the division by April after failing to secure government concessions on electricity costs, freight rail tariffs, and import… Read More »South African Steel Giant Gets State Boost to Avert April Shutdown The post South African Steel Giant Gets State Boost to Avert April Shutdown first appeared on iAfrica.

Events

5 d. ago Minister Macpherson plans to tackle mafia and infrastructure issues

Macpherson was speaking on the sidelines of the Inaugural Public Works Infrastructure Summit.

Politics

5 d. ago SARS Exceeds Revenue Targets, Collects Over R1.85 Trillion Amid Economic Challenges

The South African Revenue Service( SARS) says it collected more than R1.85 trillion in taxes in the 2024/25 financial year, outperforming its previous estimates. SARS announced its preliminary revenue outcome on Tuesday. The better than expected collection comes despite a challenging operating environment. The country’s chronically weak economy, a lower-than-expected wage increase, a decline in… Read More »SARS Exceeds Revenue Targets, Collects Over R1.85 Trillion Amid Economic Challenges The post SARS Exceeds Revenue Targets, Collects Over R1.85 Trillion Amid Economic Challenges first appeared on iAfrica.

Events

5 d. ago Electricity Ministry Plans Land Expropriation to Expand Eskom Infrastructure

The Ministry of Electricity and Energy has announced plans to expropriate privately-owned land, with compensation, as part of a major initiative to expand and upgrade Eskom’s infrastructure in the coming years. Electricity Minister Kgosientsho Ramokgopa outlined a comprehensive 10-year plan to enhance South Africa’s energy network during a media briefing on Tuesday. The ambitious project… Read More »Electricity Ministry Plans Land Expropriation to Expand Eskom Infrastructure The post Electricity Ministry Plans Land Expropriation to Expand Eskom Infrastructure first appeared on iAfrica.

Politics

5 d. ago ANC Backs ActionSA Move To Halt VAT Increase, Easing Pressure On Taxpayers

The African National Congress (ANC) has endorsed ActionSA’s proposal to scrap the planned 0.5% VAT increase, aiming to provide relief for taxpayers already facing economic strain. ActionSA introduced an amendment to remove both the VAT and income tax increases proposed for the 2025/2026 fiscal year during Tuesday’s parliamentary joint committee on finance debate. ActionSA representative… Read More »ANC Backs ActionSA Move To Halt VAT Increase, Easing Pressure On Taxpayers The post ANC Backs ActionSA Move To Halt VAT Increase, Easing Pressure On Taxpayers first appeared on iAfrica.

Economics

5 d. ago Cableway Charity Challenge Returns And Table Mountain Cableway Invites The Public To Take Part

One of Cape Town’s most beloved fundraising events will once again take place on Table Mountain in May. The Cableway Charity Challenge 2025 is scheduled for Saturday 10 May 2025, and hosts and organisers, Table Mountain Aerial Cableway (TMACC), calls you to be a part of the action by cheering on participants, pledging your support… Read More »Cableway Charity Challenge Returns And Table Mountain Cableway Invites The Public To Take Part The post Cableway Charity Challenge Returns And Table Mountain Cableway Invites The Public To Take Part first appeared on iAfrica.

Politics

5 d. ago Ramokgopa unveils plans in private sector transmission projects

Ramokgopa has announced plans to roll out multi-billion-rand transmission infrastructure projects.

Politics