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South Africa

Attaining economic growth must be SA 'obsession'

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Global economic developments, including raised tariffs and trade wars, have lowered South Africa’s 2025 economic growth prospects from a predicted 1.9% Gross Domestic Product (GDP) growth in March down to a revised 1.4% in May.

Improving efficiencies in government spending

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Work is underway to enhance government’s budget process after expenditure reviews identified tens of billions of rands in potential savings from poorly performing or inefficient programmes that can be redirected in future budgets.

Government programmes do empower inmates – Minister Groenewald

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Minister of Correctional Services, Dr Pieter Groenewald, says that the country’s Self-Sufficiency and Sustainability Strategic Framework (SSSF) not only creates employment opportunities for offenders in farms, bakeries, gardens, and abattoirs, but also empowers them.

Government reworks SANDF funding

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The Minister of Finance, Enoch Godongwana, has announced that government is reconfiguring funding for the troop deployment to the Democratic Republic of Congo (DRC).

Consumer inflation edges higher

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Headline consumer price index (CPI) inflation for April was 2.8%, slightly higher than March’s 2.7%, Statistics South Africa (Stats SA) has announced.