As we approach the end of another year, President Cyril Ramaphosa’s reflections on South Africa’s thirty years of democracy stand in stark contrast to the lived reality of many citizens. In a tweet that highlighted the milestones of our democratic journey, the president noted, “We celebrated thirty years since the birth of our democratic nation. […]
In the early 2000s, former President Thabo Mbeki made a statement that, at the time, was met with skepticism and resistance. He warned that South Africa would eventually face a critical shortage of schools, and yet the government would be forced to focus on building more prisons. Today, as we grapple with the growing need […]
South Africa, once a global leader in mining, has seen its reputation as a trusted mining jurisdiction plummet in recent years. Once home to some of the richest mineral deposits in the world, the country now faces a stark reality: illegal mining is rampant, and the industry is struggling to maintain its integrity. This shift […]
Unemployment among African youth has reached alarming levels, threatening not only the future of millions of young people but also the stability and economic growth of the continent. With an abundance of natural resources and a youthful population, Africa has the potential to emerge as a global economic powerhouse. Yet, the continent’s high unemployment rates, […]
South Africa’s political landscape is once again under the microscope as tensions brew within the African National Congress (ANC). Former minister Ngoako Ramatlhodi has added fuel to the fire, unveiling private conversations with the late Tito Mboweni that paint a grim picture of the party’s current state. The revelations include scathing critiques of the ANC’s […]
As the week unfolds, the crypto market remains in a state of cautious anticipation, with significant movements happening but at a relatively slow pace. Let’s break down what’s happening and take a closer look at some of the standout coins—Ethereum and TRON—this Friday. Ethereum Surpasses $4k Ethereum has reached a new milestone, breaking through the […]
The cryptocurrency market is showing resilience today, closing with a solid 2.40% increase and pushing the total market capitalization to a staggering $3.65 trillion. As the market continues to evolve, Bitcoin retains its dominance, holding steady at 54.6% of the total market share. Meanwhile, Ethereum continues to make its mark with a 12.8% dominance, signaling […]
The South African economy is showing signs of improvement, with growth in household income and consumption. The latest data points to positive changes, especially in after-tax pay, which has increased real income by 5.2% year-on-year in October. This rise in income is boosting household spending, supporting South Africa’s GDP growth, and providing a sense of […]
In recent months, the South African Revenue Service (SARS) has been intensifying its efforts to clamp down on tax evaders. While it’s crucial to ensure that taxes are collected fairly to fund public services, many South Africans feel the system is broken, particularly when it comes to service delivery. People are increasingly questioning why they […]
South Africa’s government recently announced an ambitious plan to streamline its bloated public sector workforce by offering early retirement incentives to 30,000 employees. This initiative, detailed during the Medium-Term Budget Policy Statement (MTBPS), is expected to save the government R11 billion over two years while addressing the ballooning wage bill. But is this the real […]
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