Government welcomes interest rate cut

Government has welcomed the South African Reserve Bank’s (SARB) decision to cut the repo rate by 25 basis points to 6.75%, with the prime lending rate now at 10.25%.“The rate cut is expected to ease pressure on consumers with loans, support small businesses, and encourage investment and economic activity. Government continues to prioritise...

Global cooperation is essential for sustainable industrial policy

The G20 Sustainable Industrial Policy Report provides a strong foundation for collective action towards building diversified economic structures , said the Deputy Minister of Trade, Industry and Competition, Zuko Godlimpi. “The report makes it clear that the world needs sustainable industrial policy now more than...

Hlabisa calls for partnerships to transform the Eastern Seaboard economy

The Minister of Cooperative Governance and Traditional Affairs (CoGTA), Velenkosini Hlabisa, is calling for bold partnerships, innovation, and inclusive growth to transform historically marginalised coastal regions into vibrant economic hubs.

The Minister was delivering a keynote address at the strategic...

DWYPD welcomes President Ramaphosa’s call as GBVF declared a national crisis

The Department of Women, Youth and Persons with Disabilities (DWYPD) has welcomed President Cyril Ramaphosa’s announcement declaring Gender-Based Violence and Femicide (GBVF) a national crisis.

DWYPD Minister Sindisiwe Chikunga said the “bold and necessary” declaration marks a significant step toward...

Hlabisa hands over Emfuleni sewer upgrade 

The Minister of Cooperative Governance and Traditional Affairs (CoGTA), Velenkosini Hlabisa, has handed over a sewer infrastructure project that will help residents of Emfuleni in Gauteng.

The project, which was officially handed over on Thursday, provides much-needed relief, restores dignity, and enhances sanitation services for...

President notes US “change of mind” on G20 Summit

President Cyril Ramaphosa says South Africa has received notice from the United States indicating a possible change of approach regarding its participation in the G20 Leaders’ Summit, describing the development as a “very positive” sign.Speaking during a press briefing following his trilateral meeting with European Council...

President Ramaphosa, EU leaders reaffirm the deepening of partnerships

President Cyril Ramaphosa, together with President of the European Council António Costa and President of the European Commission Dr Ursula von der Leyen, have reaffirmed the deepening of the South Africa–European Union partnership at a trilateral meeting held ahead of the G20 Leaders’ Summit. Thursday’s...