SARB hikes repo rate to 7%
The repurchase rate (repo rate) in South Africa reached 7% after the SA Reserve Bank’s (SARB) Monetary Policy Committee (MPC) agreed to a 75 basis points hike.
The repurchase rate (repo rate) in South Africa reached 7% after the SA Reserve Bank’s (SARB) Monetary Policy Committee (MPC) agreed to a 75 basis points hike.
Due to the diesel supplied by PetroSA this week, Eskom says it will now reduce load shedding during the night from Stage 4 to Stage 3 at 16:00 to 05:00 until Monday morning.
President Cyril Ramaphosa has assured South Africans that he is confident that issues at Eskom -which has been rolling out load shedding due to power plant breakdowns, will be resolved.
South Africa’s two-day Royal State Visit to the United Kingdom was beneficial and helped solidify already strong relations between the two countries, says President Cyril Ramaphosa.
Infrastructure South Africa (ISA) will be hosting the inaugural South Africa Green Hydrogen Summit (SAGHS) next week to showcase the country’s offering as a large-scale, low cost, world class green hydrogen production hub and total value chain investment destination.
Despite the various emergent disruptive circumstances such as the COVID-19 pandemic, flood disasters, the July 2021 unrests and the conflict in Ukraine, government is steadily making inroads towards meeting its targets of its five-year programme of action.
Measles vaccination coverage has steadily declined since the beginning of the COVID-19 pandemic, the new World Health Organisation (WHO) and United States Centres for Disease Control and Prevention (CDC) reports revealed.
The 16 Days of Activism for No Violence Against Women and Children Campaign will kick off at the Johannesburg Expo Centre, on Friday, 25 November 2022.
In the third year of the current administration, Auditor-General, Tsakani Maluleke, says her office continues to see a gradual upward trend in the audit outcomes of national and provincial government.
The Department Public Enterprises Minister, Pravin Gordhan, is accusing the Democratic Alliance (DA) of “political grandstanding” over the electricity crisis by attempting an unplanned visit to the Kusile Power Station on Wednesday.
With the myriad of global challenges at this moment in history, President Cyril Ramaphosa says there is both a need and an opportunity for the United Kingdom and South Africa to think and act differently by exploring new opportunities.
While the South African economy has experienced various challenges, including electricity shortages, work is underway to ensure that the country attracts investment.
Former Elias Motsoaledi Municipality mayor, Julia Mathebe, as well as the council’s ex-municipal manager, Minah Maredi, are the latest two people to be nabbed in the ongoing VBS Bank investigation.
The Department of International Relations and Cooperation (DIRCO) has sent out a warning regarding a scam where fraudsters are using the department’s name to solicit money for legalisation services.
South African-based bio-pharmaceutical company, Biovac, has concluded a ground-breaking licensing and technology transfer agreement to manufacture an oral cholera vaccine (OCV).