New Funding Targets Renewable Energy and Green Infrastructure to Combat Power Cuts and Emissions, Marking a Pivot in South Africa’s Economic Strategy Amid Global Push for Sustainability on March 3, 2025 Pretoria, South Africa – March 3, 2025, 5:58 PM CAT South Africa’s battle against crippling power shortages and a warming planet gained a hefty …
Tag: Business and Economy
Mar 03
Bidvest Bank Faces Shifting Sands as Access Bank Acquisition Nears Completion
Nigeria’s Access Bank Finalizes Takeover of Bidvest Bank’s South African Operations, Signaling a Strategic Expansion in Africa’s Financial Sector Amid Regulatory Approvals and Market Speculation on March 3, 2025 Johannesburg, South Africa – March 3, 2025, 5:54 PM CAT A seismic shift in South Africa’s banking landscape looms as Access Bank, Nigeria’s largest lender by …
Mar 03
ANC EFF Budget Talks Stir Tensions as South Africa’s 2025 Fiscal Plan Nears
With the National Budget Speech Rescheduled for March 12, the ANC’s Threat to Partner with the EFF Over a VAT Hike Sparks Fierce Debate Within the Government of National Unity and Raises Stakes for Economic Stability Cape Town, South Africa – March 3, 2025, 5:32 PM CAT South Africa’s political landscape teetered on the edge …
Mar 01
South Africa Minimum Wage Increase Set to Boost Worker Pay in 2025
National Minimum Wage Rises to R28.79 Per Hour Starting March 1, Offering Relief to Low-Income Earners Amid Economic Challenges and Mixed Reactions from Stakeholders
Mar 01
ArcelorMittal South Africa to Cease Long Steel Production, Sparking Economic Concerns
ArcelorMittal South Africa to Cease Long Steel Production, Sparking Economic Concerns Johannesburg, South Africa – March 1, 2025 ArcelorMittal South Africa (AMSA), the country’s leading steel producer and a subsidiary of global steel giant ArcelorMittal SA, has announced it will halt its long steel production by April 2025, marking a significant blow to South Africa’s …
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