South Africa’s latest budget painted an encouraging picture of improving public finances, according to Moody’s Ratings, while cautioning that “meaningful” debt reduction will require stronger economic growth.
Finance MMC and the ANC’s regional Chairperson Loyiso Masuku has been appointed the city’s first deputy mayor, a position that will cost taxpayers R1.2 million a year.
Cape Town Mayor Geordin Hill-Lewis has fired the starting gun on his bid for federal leader of the Democratic Alliance, announcing his candidacy in Elsies River on Friday.
While Ramadan is primarily a time of spiritual growth, many of the principles it reinforces also reflect the mindset necessary for long-term success in the financial markets.
The US aims to process 4,500 refugee applications from white South Africans per month, far above President Donald Trump’s stated refugee program cap, and is installing trailers on embassy property in Pretoria to support the effort.
If a commitment to youth-led initiative is to be taken seriously, it is imperative to include youth in decision making on where to direct investment, how to design curricula for skills training, which job markets to prioritise, including those that may not yet exist.
South Africa’s entrenched policies such as BEE and expropriation are deterring investment and capping economic growth, with little sign of meaningful policy reform.
Shari’ah-compliant finance gains momentum in South Africa With renewed sovereign sukuk issuance and steady portfolio growth, Shari’ah Banking is carving out a deeper presence in the financial system. Its long-term impact will depend on inclusion, innovation and market depth. Shari’ah Banking and investment have long occupied a defined, but contained, space within South Africa’s financial […]
The resignation of the City of Ekurhuleni’s Finance MMC is the latest in a series of politically destabilising events to rock the metro’s shaky coalition.