November 2025

Month: November 2025

Economic Growth to Slow Marginally in 2025

Johannesburg: National Treasury expects South Africa’s economy to grow by some 1.2% this year – marginally down from the 1.4% forecasted in the 2025 Budget. This according to the Medium Term Budget Policy Statement (MTBPS) released by National Treasur…

South Africa Sets New Inflation Target at 3% with Tolerance Band

Pretoria: The announcement of a new inflation target for South Africa of 3% with a 1 percentage point tolerance band follows agreement between the Governor of the South African Reserve Bank (SARB) Lesetja Kganyago and the Minister of Finance Enoch God…

Ramathuba Welcomes Significant Drop in Unemployment in Limpopo

Limpopo: Limpopo Premier, Dr Phophi Ramathuba, has welcomed the significant drop in the provincial unemployment rate, which has decreased from 35% in the second quarter of 2025 to 29.8%.

According to South African Government News Agency, this positi…

Minister Godongwana to Present MTBPS

Cape town: The Minister of Finance, Enoch Godongwana, will deliver the Medium-Term Budget Policy Statement (MTBPS) at a sitting of the National Assembly at the Good Hope Chamber in Parliament, today, Wednesday, 12 November 2025. The MTBPS plays a crit…