The South African Reserve Bank’s Monetary Policy Committee (MPC) has decided to cut the repo rate by 25 basis points, bringing it down to 8%.

The cut – the first one since 2020 – moves the prime lending rate to 11.50%.

The cut was announced by Rese…

President Cyril Ramaphosa on Thursday lauded the late former Minister of Public Enterprises Pravin Gordhan as a “humble servant of the people”.

The President highlighted Gordhan’s immense contribution to South Africa’s freedom and democracy.

Delive…

Department of Women, Youth and Persons with Disabilities Director-General, Advocate Mikateko Maluleke, says gender equality is contingent on women’s economic development and financial independence.

‘Worldwide, history and research has demonstrated t…

International Relations and Cooperation Minister, Ronald Lamola, has successfully concluded his productive weeklong working visit to Washington D.C. in the United States of America (USA).

During his visit, he met with important stakeholders, such as…

Education expert Professor Mary Metcalfe says she expects careful and considered engagements around the Basic Education Laws Amendment (BELA) Act to take place over the next three months in provinces across the country.

Metcalfe was speaking during …

Tourism Deputy Minister Maggie Sotyu says it is important for the tourism sector to stand together, united by the common goal of growing an inclusive sector.

‘We have over 300 delegates representing the sector, which is testimony of our success in w…