Khulekani Magubane

3 days ago | timeslive.co.za | Khulekani Magubane

It took three drafts, two tablings, a court challenge and some last-minute bladder pressure. Still, parliament’s standing and select committees on finance approved their report on finance minister Enoch Godongwana’s 2025 budget. MPs from the committees met in a joint sitting on Wednesday to consider and approve the report, which noted Godongwana’s proposal to raise the general fuel levy for petrol and diesel to R4.01 a litre and R3.85 a litre respectively.

4 days ago | timeslive.co.za | Khulekani Magubane

MPs slog through budget report, come hell or fire alarms MPs agree to take cautious approach and evacuate committee room 03 June 2025 - 13:23 A joint meeting of parliament’s standing committee on finance and select committee on finance sat on Tuesday morning to consider the third iteration of finance minister Enoch Godongwana’s 2025 budget...

6 days ago | businesslive.co.za | Khulekani Magubane

Reserve Bank governor Lesetja Kganyago has reiterated his view that South Africa needs a lower inflation target, saying that while this might slow economic growth initially, it will yield results when inflation subsides. He said a tighter inflation target would align the country with peer economies and allow for consumption patterns that would keep inflation in check for longer periods, and a lower path for interest rates as inflation gradually comes down...

6 days ago | businesslive.co.za | Khulekani Magubane

Minister of energy and electricity Kgosientsho Ramokgopa has hinted that the government could expropriate land to put up transmission lines as it seeks to keep up with increased energy generation.

6 days ago | businesslive.co.za | Khulekani Magubane

The meat processing industry has urged the government to secure an agreement that will restore poultry imports from Brazil and avoid an imminent food supply crisis.