South Africa’s public sector has stepped up its capital investment drive, increasing total expenditure by R41.9 billion in 2024 to reach R276.0 billion up 17.9% from the previous year. The bulk of this increase was directed toward new construction works…
South Africa’s G20 presidency has delivered a pivotal moment in global food governance, securing a Ministerial Declaration that embeds the African philosophy of Ubuntu “I am because you are” into the international response to hunger, malnutrition, and agricultural volatility. The…
A high-level consultative meeting co-hosted by South Africa’s National Treasury and the African Development Bank Group marked a pivotal milestone in the continent’s quest to accelerate cross-border infrastructure development. Held in hybrid format in Pretoria, the session brought together senior…
A newly released FNB Retirement Insights Survey delivers a sobering wake-up call to South Africans: while many envision retirement as a time of freedom and financial ease, the reality is vastly different for most. Despite 60% of adults under 60…
South Africa’s Minister of International Relations and Cooperation, Ronald Lamola, brought clarity and conviction to the global stage this week at the 4th International Conference on Financing for Development. Speaking at a high-level roundtable on “Revitalising International Development Cooperation,” Lamola…
In a game-changing step toward inclusive development, South Africa has signed a US$1.5 billion Development Policy Loan agreement with the World Bank to modernize infrastructure, boost energy reliability, and enhance freight transport. The 16-year loan featuring a 3-year grace period…
South Africa has made significant strides in strengthening its financial integrity, with the Financial Action Task Force (FATF) announcing that the country has substantially completed all 22 action items required to exit the greylist. The decision, confirmed at the FATF…
South Africa is making a decisive push to strengthen its economy and improve essential public services, with Finance Minister Enoch Godongwana revealing that the government will allocate a staggering R6.69 trillion over the medium term. This bold move aims to…
Uganda’s rural communities are witnessing an unexpected transformation, where agriculture, environmental conservation, and economic empowerment converge in a groundbreaking initiative. The cultivation of oyster mushrooms has emerged as a viable solution to both financial instability and habitat degradation, directly contributing…
The South African Revenue Service (SARS) has announced comprehensive measures to accommodate the withdrawal of the 0.5% VAT increase. This decision, introduced by Finance Minister Enoch Godongwana through the Rates and Monetary Amounts and Amendment of Revenue Laws Bill (Rates…
