A Statistics South Africa (Stats SA) survey has revealed that 8.1% of its respondents lost jobs or closed businesses as a consequence of the COVID-19 outbreak.
Government has set aside R16.4 billion to repay guaranteed debt for the struggling airline SAA, the National Treasury said on Wednesday.
Government will over the next three years attempt to reduce the public sector wage bill by R160 billion, Finance Minister Tito Mboweni said on Wednesday.
Small Business Development Minister Lindiwe Zulu has urged young people to recommit themselves to the historic task of being agents of change and lead the reconstruction as well as the development of the country.
It is of utmost importance to have a financial sector that serves all South Africans, says Finance Minister Nhlanhla Nene.
Higher Education and Training Minister Dr Blade Nzimande has welcomed the swift action taken by the University of Johannesburg (UJ) over alleged fraud by two senior council members.
The National Student Financial Aid Scheme (NSFAS) has urged students, who received funding, to sign their Loan Agreement Forms (LAFs) to avoid funding retraction.
For the second year in a row, the South African Revenue Service (SARS) has broken the Trillion Rand mark in revenue collection.
During his State of the Nation address on Thursday evening, President Jacob Zuma commented on the property market saying that, “This sector in our country is valued at approximately R7 trillion, with the subsidised sector being valued at R1.5 trillion”.