116 Money allocated to provincial departments and municipalities will increase over the medium term. Government’s consolidated spending is set to increase over the medium-term from R2.6 trillion this year to R2.9 trillion…
Category: Business
MTBPS: Godongwana outlines plans to reach R1 trillion mark in infrastructure investment
109 Central to reaching this goal are public-private partnerships. Infrastructure investment is key to South Africa’s economic growth, with Treasury aiming to exceed the R1 trillion mark in public sector infrastructure investment…
Call for SRD grant and Nsfas recipients to be banned from gambling – Here’s how
129 ‘That money is destined for other things and should achieve those end goals in terms of what the government wants to do.’ Many people in South Africa find themselves looking for…
Standard & Poor upgrades SA’s credit rating for first time in two decades
100 All eyes were on Standard & Poor to see if the rating agency would change South Africa’s credit rating to a more positive score. Standard & Poor’s has upgraded South Africa’s…
Increasing medical aid scheme costs in 2026 mean more pain for South Africans
116 Medical aid scheme members will face premium increases of twice or more the inflation rate South Africans face another tough year of increasing medical aid scheme costs in 2026. Weighted average…
The Tim Cook era is ending at Apple
111 Apple CEO Tim Cook Apple is stepping up its succession planning efforts as it prepares for Tim Cook to step down as chief executive of the tech giant as soon as…
South Africa gets its first rating upgrade in nearly 20 years
118 South Africa on Friday secured its first credit rating upgrade in nearly 20 years after S&P Global raised the country’s foreign-currency long-term sovereign rating to “BB” from “BB-“, citing stronger growth…
How to avoid debt ruining your sleep this festive season
121 Those Christmas carols in the shops are urging consumers to spend, spend, spend. This is how you can control your spending. The closer we get to the big spending time of…
Revolut hires heavy hitter as it readies its South African launch
103 Gaby Magomola Digital bank Revolut has appointed former African Bank CEO Gaby Magomola as chairman of its South African subsidiary, all while the digital challenger pursues a formal banking licence with…
Google to pay R688 million to SA’s media houses as Competition Commission report is released
95 The Competition Commission released the final report of its Media and Digital Platforms Market Inquiry (MDPMI) today. Google has agreed to pay South African media houses R688 million after the Competition…