Economy

The Group of Twenty (G20) South Africa

Date: Mar 4, 2025

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SA workers pin hopes on revised budget to ease economic pressure

As Finance Minister Enoch Godongwana prepares to table the revised national budget this week, South Africa’s (SA) major labour unions are calling for a shift in focus.

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US led peace talks could boost Rwandan processing of DRC minerals

Minerals from the Democratic Republic of Congo (DRC), such as tungsten, tantalum and tin, which Kinshasa has long accused neighbouring Rwanda of illegally exploiting, could be exported legitimately to Rwanda for processing.

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Nigeria's fuel traders struggling to secure gasoline

Nigerian fuel traders are struggling to secure gasoline supplies from two newly refurbished state-run refineries.

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Rand steady ahead of budget, US meeting

South Africa's (SA) Rand was steady on Tuesday, as investor focus turned towards this week's budget speech and a meeting between President Cyril Ramaphosa and his US counterpart Donald Trump.

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SA NGOs call for increased GBV funding ahead of budget speech

As South Africa’s (SA) Finance Minister Enoch Godongwana prepares to table the 2025 national budget on Wednesday, non-profit organisations (NGO) are calling for a greater allocation of funds to support survivors of gender-based violence (GBV).

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China cuts key rates to aid economy as trade war simmers

China cut benchmark lending rates for the first time since October on Tuesday, while major state banks lowered deposit rates as authorities work to ease monetary policy to help buffer the economy from the impact of the Sino-US trade war.

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China to give $500 million to WHO in next 5 years

China will give an additional quota of $500 million to the World Health Organisation(WHO) over the next five years.

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AI poses a bigger threat to women's work, than men's: Report

Jobs traditionally done by women are more vulnerable to the impact of artificial intelligence (AI) than those done by men, especially in high-income countries, a report by the United Nations' (UN) International Labour Organisation showed on Tuesday.

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SA official calls for measures against companies that fail to complete infrastructure projects

South Africa's (SA) Limpopo province Premier Dr Phophi Ramathuba has called for stricter accountability measures against companies contracted by the government.

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Premier of SA province hails deal that protects 3 000 food sector jobs

Western Cape Province Premier Alan Winde says over 3000 jobs in South Africa (SA) will be saved at the Langeberg and Ashton Food (LAF) cannery in the Boland.

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