South Africa's fiscal strategy: Navigating growth amidst budget cuts
South Africa's National Treasury forecasts a modest GDP growth of 1. 7% amid significant budget cuts and fiscal challenges. Experts weigh in on the implications of these changes for the economy and public services.
CCMA proposes settlement to resolve UNTU and Transnet wage impasse
UNTU confirms the CCMA's proposal for settlement in ongoing wage negotiations with Transnet, with a critical decision expected by 10 June 2025
Read Finance Minister Enoch Godongwana's full budget speech here
South Africa's Finance Minister, Enoch Godongwana delivered his Budget speech on Wednesday. Read his full speech here.
Transnet, workers union hold urgent meeting to avert looming strike as wage talks deadlock
Transnet union UNTU is in urgent talks with the CCMA to prevent a strike as wage negotiations stall. With Transnet threatening industrial action, the implications for South Africa's economy and supply chain are significant.
Transnet partners with Grindrod to enhance container capacity at Richards Bay
Transnet National Ports Authority has signed a R285 million agreement with Grindrod Eyamakhosi Joint Venture to develop a new container handling facility at Richards Bay Port, significantly increasing its capacity and supporting regional economic growth
Experts weigh in as South Africa prepares for critical budget speech 3. 0
Experts share their insights ahead of Finance Minister Enoch Godongwana's upcoming budget speech.
Ramaphosa and Trump meeting seen as pivotal for US-South Africa trade relations
President Cyril Ramaphosa's meeting with Donald Trump this week is pivotal for South Africa's trade relations and economy, amidst geopolitical challenges and domestic issues.
UNTU prepares for possible strike as Transnet wage negotiations reach deadlock
Transnet's wage negotiations with the United National Transport Union remain at a standstill, with UNTU threatening industrial action if a revised salary offer is not presented by the CCMA by Monday.
Enoch Godongwana preps for third budget presentation, without VAT hike
Enoch Godongwana, South Africa's Finance Minister, prepares for his third Budget Speech, this time without a VAT increase. Amid public discontent and political challenges, what changes can we expect to see in the fiscal framework?