2 h. ago Limpopo spaza shop owners warned against operating without papers

As from today all unlicensed spaza shops will be expected to close down their businesses.

Events

7 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

25 h. ago Expert Warns Africa’s Medical Systems Could Collapse Within Years

Dr. Githinji Gitahi, CEO of Amref Health Africa, warns that Africa’s health system could collapse in the coming years due to a surge in chronic non-communicable diseases (NCDs). He stated that foreign aid is traditionally focused on infectious diseases, leaving NCDs like diabetes, cancer, and hypertension to increase unchecked. Consequently, NCDs now claim a larger… Read More »Expert Warns Africa’s Medical Systems Could Collapse Within Years The post Expert Warns Africa’s Medical Systems Could Collapse Within Years first appeared on iAfrica.

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

30 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

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 to Invest R18 Billion in Healthcare Upgrades, Promising Modern Facilities

The Western Cape government plans to channel more than R18 billion into healthcare infrastructure over the next ten years, with a significant portion of this budget earmarked for the long-awaited Tygerberg Hospital modernization project. A public-private partnership, the initiative will replace the aging Tygerberg Hospital in Cape Town with two advanced healthcare facilities. Speaking during… Read More »Western Cape to Invest R18 Billion in Healthcare Upgrades, Promising Modern Facilities The post Western Cape to Invest R18 Billion in Healthcare Upgrades, Promising Modern Facilities first appeared on iAfrica.

Science

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 40% of Northern Cape Spaza shops registered before deadline: MEC

Businesses have been warned that there will be no extension to the looming deadline

Events

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

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

3 d. ago SACP calls for urgent consultation on 2025 budget alternatives

The SACP also urged govt to allocate more resources to SARS and opposes a proposed VAT hike.

Politics

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

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 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 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

6 d. ago KZN COGTA warns residents to exercise caution amid inclement weather

KZN residents warned to be cautious as inclement weather persists.

Events

7 d. ago Steenhuisen concerned about economic impact of foot and mouth disease

Foot and mouth disease cases affecting animals have increased in the province this month.

Politics