After securing R1.5 trillion in investment commitments, President Cyril Ramaphosa said the new target is to attract an additional R2 trillion in investment
Development statistics tell us what has happened. They show us how many children have dropped out of school, how many young people are unemployed and how many households remain trapped in poverty
When airports are developed, so is the property surrounding them. The ‘city’ essentially grows around the new airport
He said the party would be run strictly, with zero tolerance for corruption, ill-discipline and factionalism
Business and economic leaders warn that diplomatic tension, tariffs and shifting global alliances could shape whether the country remains part of the renewed agreement
While the government negotiates a mutually beneficial deal with the US, it says it is making plans to diversify its export marke
Only 3% of reform work under phase two of the economic readjustment initiative has been completed, about 27% is delayed or off track, and 53% is under way
But the Democratic Alliance has said it will boycott the dialogue that will take place over nine months, calling it a waste of time and money
The licensing of Elon Musk’s Starlink has sparked debate about whether South Africa’s black economic empowerment laws are an impediment to growth or path to an inclusive economy
Pressure can be relieved in a number of ways such as cutting consultants and reducing staffing in non-core areas such as state-owned entities, as well as ministerial office staff
Mineral and Petroleum Resources Minister Gwede Mantashe said the strategy would help ensure policy and regulatory certainty in the mining sector
Three actions — debt reduction, a youth solidarity tax and limiting increases in public-sector salaries — that could lead to sustainable prosperity
In recent months, there has been a spate of abductions, assaults, arrests and murders, the victims all being opponents or critics of President Samia Suluhu Hassan’s government
The central bank has maintained price stability but needs to focus on growth given the high unemployment rate.
The party has proposed a R512.8bn revenue strategy and refuses to agree to a VAT increase
The country needs to embrace productivity-led growth to ensure sustainable economic development, foster employment and spur innovation.
In its court papers filed on Thursday, the party said the fiscal framework that will lead to the tax increase was pushed through unprocedurally
The monetary policy committee said it remains vigilant amid risks to inflation outlook on the global and domestic front
Budget approval hangs in the balance and resistance to it is set to play out in the legislature’s finance committees
Operational inefficiencies and infrastructure neglect have led to logistical challenges costing the economy R1 billion daily in lost economic output