The Reserve Bank has kept the repo rate unchanged at 5% per annum, it said on Thursday 19 September. Briefing reporters following the Monetary Policy Committee (MPC) meeting, Reserve Bank Governor Gill Marcus said that although the sustained breach of Read the full story
The ongoing strikes and the current economic issues are expected to be part of discussions when the National Economic Development and Labour Council (NEDLAC) hold its 18th annual Summit on Friday 20 September. NEDLAC is the body through which government, Read the full story
Police Minister Nathi Mthethwa says South Africa’s overall crime rate continues to decline against the country’s growing population. Releasing the National Crime Statistics on Thursday 19 September, Mthethwa said there were 896 298 serious crime arrests in 2012/13 compared to Read the full story
“Going green using your fingertips” The City notifies customers that municipal statements will be sent through multi-media service (MMS) channel effectively on Monday 23 September. We have completed the pilot since the 2nd July 2013 in reaching all the Read the full story
Labour Minister Mildred Oliphant has condemned the violence in the on-going motor industry strike, and has also called on parties to speed up negotiations. Oliphant said the country’s laws guarantee the right to protest, but cautioned that every right must Read the full story
Trade and Industry Minister Rob Davies says a Bill aimed at appointing a commissioner to deal with Black Economic Empowerment (BEE) non-compliance has been referred to the National Council of Provinces. Speaking to journalists after chairing the Presidential BEE Advisory Read the full story
The Ministry of State Security has joined political parties and analysts in welcoming President Jacob Gedley’hlekisa Zuma’s decision to send the Protection of State Information Bill back to the National Assembly. The controversial “secrecy bill” was passed by Parliament earlier Read the full story
Edcon has acquired a controlling stake in the companies that hold the local franchise rights to Accessorize, La Senza and Inglot. The group’s acquisition is in line with Edcon’s current strategy to increase its branded content and introduce new international Read the full story
Despite the significant progress made in transforming the South African economy, the majority of the population remained on the margins of development, said National Planning Commission Deputy Chairperson, Cyril Ramaphosa. The economy created too few jobs and the majority of Read the full story
South Africa’s transformation began on February 2, 1990, when President F. W. de Klerk, in a startling announcement, lifted the 30-year ban on black political organizations and released Nelson Mandela from prison after 27 years. The transformation can be divided Read the full story