Nearly one year after South Africa’s Government of National Unity (GNU) was formed, many citizens and political observers are asking the same question: has this historic political partnership achieved its …
The African National Congress (ANC) has come out strongly against the Democratic Alliance (DA) for taking legal action against the new Employment Equity Amendment Act, saying the move is against …
South Africa’s currency, the rand, started Thursday morning on the back foot, as global and local uncertainties kept investors cautious. By 6:35am GMT, the rand was trading at 18.8550 against …
South Africa’s Finance Minister, Enoch Godongwana, has warned that the country’s financial situation may get worse if plans to increase the value-added tax (VAT) rate from May are not allowed …
The South African rand fell sharply on Wednesday following disagreements over the country’s budget vote, raising concerns about the strength of the coalition government. By 16:40 GMT, the rand was …
South Africa’s two biggest political parties, the African National Congress (ANC) and the pro-business Democratic Alliance (DA), are still struggling to reach an agreement on the national budget. The deadlock …
South Africa’s rand made gains on Monday, strengthened by a surge in gold prices and growing optimism about a potential agreement between the country’s two largest political parties on the …
South Africa’s financial watchdog says it has reached an agreement with a pension fund for ANC employees to get the party to pay it R10 million a month until its …
Opposition parties in the Nelson Mandela Bay Municipality have signed a coalition government agreement, taking the first step to oust the ANC-led alliance governing the metro. On Thursday, parties met …