SABC News - South Africa

Tag:

The drop in petrol prices comes at a time when consumers are facing increasing food and electricity prices as well as interest rate hikes.
Drop in petrol price only a slight relief: Economist

Friday 28 August 2015 16:25

Economists say a significant drop in the price of fuel will not bring significant relief to indebted South Africans.

Tags:

Motorists will now pay 69 cents less for petrol and 54 cent less for diesel.
Some reprieve for motorists as petrol price to go down

Friday 28 August 2015 14:43

The petrol price will decline by 69 cents a litre for all grades from Wednesday. The Energy Department says the diesel price will drop by around 54 cents a litre.

Tags:

S.Africa concerned about impact of economic slowdown on revenue

Thursday 27 August 2015 18:24

South Africa's government is concerned about its ability to raise revenue in the light of an economic downturn, Finance Minister Nhlanhla Nene said on Thursday.

Tags:

Volkswagen’s footprint in South Africa continues to grow

Thursday 27 August 2015 16:43

In a massive vote of confidence in South Africa, leading car manufacturer Volkswagen will invest nearly R5 billion in building two new models at its Uitenhage plant in the Eastern Cape.

Tags:

Woolworths'  full-year profits increase by 24.3%

Thursday 27 August 2015 16:01

Woolworths'  full-year profits increased by 24.3% with adjusted headline earnings rising to R3.75bn in the year ended 28 June 2015.

Tags:

Rodney Man says China has no intention of colonising South Africa.
"China, SA relationship mutually beneficial"

Thursday 27 August 2015 11:55

Rodney Man says it is important for people to understand that while China is playing a role in the development of African countries, it is also looking to benefit.

Tags:

'The risk of a recession is real': Economist

Wednesday 26 August 2015 20:52

Stanlib says South Africa should be concerned with increasingly frequent reports of widespread company restructuring, job cuts and retrenchments as this could be signalling the start of a recession.

Tags:

Improved Proteas crush Kiwis to clinch series

Wednesday 26 August 2015 20:37

A much-improved all-round performance helped South Africa romp to a 62-run win over New Zealand, to clinch the series 2-1, in the third One Day International

Tags:

Load shedding hits home on SA economy

Wednesday 26 August 2015 15:08

The shock of Eskom's load shedding has finally hit home, even as the China and terms-of-trade shocks are only starting to build.

Tags:

 The Chinese government will be paying for Mandarin to be taught in SA schools.
Debate on introduction of Mandarin in schools rages on

Wednesday 26 August 2015 10:56

The Department of Basic Education says the introduction of the Chinese language, Mandarin, in schools is important in making learners global citizens.

Tags:

SA's economic growth declined by 1.3% in the SQ

Tuesday 25 August 2015 20:36

South Africa's economy surprised on the downside when it shrunk by 1.3 per cent in the second quarter of 2015.

Tags:

Rand strengthens over 1.5% on China rate cut

Tuesday 25 August 2015 19:41

South Africa's rand strengthened against the dollar on Tuesday after a rate cut from China revived an appetite for emerging market assets and as investors bank on renewed demand for commodities.

Tags:

SA's Reserve Bank is driven by panic: Economists

Tuesday 25 August 2015 14:15

Economists say the statement by the Reserve Bank is driven by panic.

Tags:

SA steel industry not efficient: Moeletsi Mbeki

Tuesday 25 August 2015 11:36

Moelesti Mbeki says he does not believe the 10% tariff increase in the steel industry will save jobs.

Tags:

Rand hits record low, central bank mulls intervention

Monday 24 August 2015 20:51

South Africa's rand hit an all-time low and stocks fell sharply on Monday, as rising concerns about waning growth in China hit commodity-linked currencies.

Tags:

Economic growth in the second quarter of 2015 is expected to remain soft.
SA’s economic growth set to remains weak: Analysts  

Monday 24 August 2015 20:21

South Africa's economic growth is expected to remain weak when Stats SA releases second quarter GDP figures on Tuesday.

Tags:

More than 2 million S Africans have already submitted tax returns

Monday 24 August 2015 20:18

The South African Revenue Service (SARS) announced on Monday that it had passed the two million mark with almost 50% of income tax returns for the current tax season being filed.

Tags:

Home Affairs Minister Malusi Gigaba says between January and July they processed 99% of about 250 000 ZSP applications
Gigaba happy with Zimbabwean Special Permit process

Monday 24 August 2015 16:43

Home Affairs Minister Malusi Gigaba says his department has made major strides in handling Zimbabwean Special Permits (ZSP).

Tags:

Suspended Prasa CEO has been painted by the Public Protector report as corrupt.
Madonsela’s report reveals widespread corruption at Prasa

Monday 24 August 2015 16:13

Public Protector Thuli Madonsela has found evidence of widespread maladministration and impropriety in the awarding of tenders worth almost R3 billion at Prasa.

Tags:

Czech fugitive, Radovan Krejcir has been found guilty by the Johannesburg High Court.
Lies won over the truth: Krejcir

Monday 24 August 2015 15:20

Czech fugitive, Radovan Krejcir, says he's likely to appeal his conviction on charges of attempted murder, kidnapping and intent to deal in drugs.

Tags:

Follow us on:
Follow us on Twitter Join our Facebook group Watch SABC News video's on Youtube Get RSS feeds or subscribe to podcasts Visit our mobile site, www.sabcnews.mobi