The International Monetary Fund (IMF) says South Africa faces lackluster growth in the medium-term, despite a faster than anticipated recovery from the Covid-19 pandemic.
Technology payment solutions, like those offered by iKhokha, create opportunities for SMMEs.
President Cyril Ramaphosa's decision to extend the R350 social relief of distress grant and introduce a long-term basic income grant could imply a VAT hike for South Africa next year, says Jeff Schultz, senior economist at BNP Paribas South Africa.
President Cyril Ramaphosa delivered his 2022 state of the nation address (SONA) on Thursday evening (10 February), looking to inspire the country with words of hope and deliver a plan of action to get the country's economy moving again.
The City of Cape Town says it is ready to begin the process of moving off Eskom's grid but warns that several important regulatory issues remain unresolved and unclarified.
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