Repo rate hike
The Reserve Bank’s forecast of headline inflation for this year is revised higher to 5.9% (from 5.8%).
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The #tourism sector, which was brought to a halt due to #COVID19 restrictions, is showing signs of recovery with an indicator being the increase in international arrivals https://t.co/U5QFo1yIiU #BudgetVote2022 https://t.co/5JK9Yj4lK6
- READ | @DMRE_ZA Minister, Gwede Mantashe, says despite government’s mitigating interventions to cushion consumers against rising fuel costs, global events have led to prices escalating https://t.co/dRPqQLpLLS #FuelPrice #BudgetVote2022
- Call for all sectors of society to embrace the social cohesion project https://t.co/0wTgKPblw0
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As the work to repair and rebuild infrastructure damaged by floods in KwaZulu-Natal gets underway, service providers have been appointed to construct 1 810 temporary residential units across the province https://t.co/gkavy9Nip6 #KZNFloods https://t.co/PAtWLm9OHK
- #DMREBudgetVote2022 @GwedeMantashe1 says the department has implemented various intervention measures on energy security and supply, however, loadshedding is commonplace, adversely impacting mining production and the economy broadly
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- The tourism sector, which was brought to a halt due to COVID-19 restrictions, is showing signs of recovery with an indicator being the increase in international arrivals. This is according to Tourism Minister Lindiwe Sisulu who tabled the department’s budget vote to a mini-plenary of the National Assembly on Thursday. “According to ACS... See more
- The South African Reserve Bank’s Monetary Policy Committee (MPC) has once again increased the repo rate by 50 basis points. The move, announced by SARB Governor Lesetja Kganyago on Thursday following an MPC meeting on Wednesday, will see the repo rate increase to 4.7% per year. The increase is effective from 20 May 2022. Addressing the... See more
- As the work to repair and rebuild infrastructure damaged by floods in KwaZulu-Natal gets underway, service providers have been appointed to construct 1 810 temporary residential units (TRUs) across the province. Giving a progress report on support for affected families, and measures to rebuild the province and grow the economy, KwaZulu-... See more
- Minister of Forestry, Fisheries and the Environment, Barbara Creecy, has granted a 15-month extension to holders of rights applied for before 20 November 2015 to comply with the 2015 Financial Provisioning Regulations. “The extension is subject to, amongst others, those holders complying with the provisions and arrangements regarding fi... See more
- President Cyril Ramaphosa will on Friday undertake an oversight visit to Carolina, Mpumalanga, to assess progress in service delivery in line with the One District, One Plan approach of the District Development Model (DDM). The visit will form part of the Presidential Imbizo series under the theme "Leave No One Behind". The Presidency ... See more
- WATCH | Premier Zikalala updates citizens on pertinent developments regards the KZN Flood disaster. #KZNFloods
- The KwaZulu-Natal Department of Cooperative Governance and Traditional Affairs has called upon residents to exercise extreme caution as inclement weather conditions are expected this weekend. This follows a South African Weather Service (SAWS) advisory that a cut-off low pressure system could bring light snowfall, freezing temperatures ... See more
- The Department of Communications and Digital Technologies is working towards concluding the analogue switch-off by the end of next month, Minister Khumbudzo Ntshavheni said on Wednesday. Ntshavheni said this when she tabled the department’s budget vote before a mini-plenary of the National Assembly. She said the Broadcast Digital Migra... See more
- Communications and Digital Technologies Minister Khumbudzo Ntshavheni says the release of high demand spectrum has paved the way for telcos, or telecommunications companies, to start building next generation 5G networks. Ntshavheni said this when she tabled the department’s budget vote during a mini-plenary of the National Assembly on W... See more
- North West Premier, Kaobitsa Bushy Maape, says the R9.4 billion investment by Sedibelo Platinum Mine in its operations at Pilanesberg Platinum Mine is a vote of confidence in the North West province. Pilanesberg Platinum Mine is situated near Moruleng in Moses Kotane Local Municipality. The province has experienced enormous economic sh... See more
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