8 h. ago Senior US diplomat in SA resigns with immediate effect over policies

A senior official has resigned amid the tension between Pretoria and Washington over SA's policies

Events

28 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

34 h. ago Ramaphosa calls on the private sector to drive key economic reforms

Ramaphosa was participating in a dialogue at a conference hosted by Goldman Sachs in Johannesburg.

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 Western Cape Pushes Cape Town Airport Expansion Amid Record Tourism Numbers

The Western Cape government has highlighted the urgent need to expand Cape Town International Airport, following a surge in tourism that saw more than 160,000 international visitors arrive in December—marking a twelve-year high. Although the international terminal is managed by Airports Company South Africa (ACSA), which is 74.6% government-owned, Western Cape Premier Alan Winde stressed… Read More »Western Cape Pushes Cape Town Airport Expansion Amid Record Tourism Numbers The post Western Cape Pushes Cape Town Airport Expansion Amid Record Tourism Numbers 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

49 h. ago Winde highlights infrastructure, schools in province address

Premier Winde says in less than a 100 days his government has managed to build schools

Culture

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 Trump’s Policies and Potential Risks to South Africa’s AGOA Deal

South Africa’s AGOA trade deal, a vital gateway to the US market, faces renewed uncertainty amid aggressive policies from President Donald Trump’s administration. The US has threatened to cut aid over South Africa’s controversial land reform law and its legal challenge against Israel, raising fears that the nation’s tariff-free exports—especially in the automotive, fruit, and… Read More »Trump’s Policies and Potential Risks to South Africa’s AGOA Deal The post Trump’s Policies and Potential Risks to South Africa’s AGOA Deal first appeared on iAfrica.

Politics

3 d. ago Kganyago says prudent economic policies needed to manage our debt

The nature of the debt "affects the risk premium the South African Government has to pay."

Economics

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

4 d. ago LIVE: Lesufi calls for collaboration to tackle Gauteng’s challenges

Lesufi has signalled that Phase Two of the Special Economic Zone (SEZ) will go ahead soon

Politics

4 d. ago NSFAS working to settle student accommodation debt: Manamela

Manamela says they are working with NSFAS to ensure that all student accommodation debt is settled.

Politics

5 d. ago Arteta Says Arsenal Must Use Anger Of Defeat To Rekindle Title Hopes

Arsenal must suffer for 48 hours and use the anger of their 1-0 home defeat by West Ham United to rekindle their Premier League title challenge, manager Mikel Arteta said on Saturday. It was meant to be a weekend when Arsenal would put pressure on leaders Liverpool by beating West Ham and closing the gap… Read More »Arteta Says Arsenal Must Use Anger Of Defeat To Rekindle Title Hopes The post Arteta Says Arsenal Must Use Anger Of Defeat To Rekindle Title Hopes first appeared on iAfrica.

Politics

5 d. ago Stellenbosch SRC ends class boycott over student debt, accommodation

SRC says they've reached agreement with the university to resume classes.

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

6 d. ago South Africa’s VAT Increase Proposal: Balancing Revenue and Economic Impact

Finance Minister, Enoch Godongwana, proposed raising the value-added tax (VAT) from 15% to 17% to address a significant budget deficit. This proposal led to a cabinet rift, resulting in the unprecedented postponement of the national budget presentation. Proponents argue that increasing VAT would generate essential revenue and is more efficient than other taxes. However, critics… Read More »South Africa’s VAT Increase Proposal: Balancing Revenue and Economic Impact The post South Africa’s VAT Increase Proposal: Balancing Revenue and Economic Impact first appeared on iAfrica.

Politics

6 d. ago Uncertainty Surrounds AGOA’s Future Amid Trump’s Trade Policies

The African Growth and Opportunity Act (AGOA), granting duty-free access to the U.S. market for eligible African countries, is set to expire on September 30, 2025. With President Donald Trump’s renewed skepticism toward free trade and recent tensions with South Africa over land reform policies, the act’s reauthorization is in question. Analysts note that while… Read More »Uncertainty Surrounds AGOA’s Future Amid Trump’s Trade Policies The post Uncertainty Surrounds AGOA’s Future Amid Trump’s Trade Policies first appeared on iAfrica.

Politics

6 d. ago Youth Unemployment and Inflation Stifle Africa’s Economic Growth and Stability

Africa’s young population faces high unemployment and inflation, stifling economic progress. Despite better education, many struggle to secure stable jobs, forcing them into informal work or multiple side hustles. Rising costs, especially for food, erode purchasing power, limiting consumer spending and slowing economic growth. Frustration with poor governance discourages investment, while political instability further deters… Read More »Youth Unemployment and Inflation Stifle Africa’s Economic Growth and Stability The post Youth Unemployment and Inflation Stifle Africa’s Economic Growth and Stability first appeared on iAfrica.

Economics