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Budget 2024: State to tap into R500 billion forex reserve

The government will draw R150 billion from the Gold and Foreign Exchange Contingency Reserve Account (GFECRA) to reduce public borrowing and bring debt-service costs to heel. According to the budget tabled by Finance Minister Enoch Godon
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21 Feb 2024

SAs unemployment rate rises to 32.1%

The official unemployment rate ticked up slightly to 32.1% in the fourth quarter of 2023, according to Statistics South Africa s quarterly labour force survey. Up from a previous reading of 31.9%, the 0.2 percentage point rise was driven
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20 Feb 2024

ANC is cruising to victory, Ramaphosa tells volunteers

President Cyril Ramaphosa on Monday kicked off the ANCs manifesto launch activities by addressing throngs of the partys volunteers in Inanda, north of Durban. Ramaphosa, who laid a wreath at the grave of ANC founding president John Langa
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20 Feb 2024

ANC meets deadline to produce cadre deployment records

The ANC has met the constitutional court deadline of 5pm Monday to hand over its cadre deployment records to the Democratic Alliance . In a statement, DA MP Leon Schreiber said his party was studying the documents. After a three
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19 Feb 2024

ANC internal polls show CR still more popular than party

Much like it did in the 2019 general election s, the ANC will hedge its bets on President Cyril Ramaphosa s popularity to deliver a victory in this years watershed national elections. The ANCs head of elections, Mdumiseni Ntuli , said as
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19 Feb 2024

DA slams call for probe into uMngeni municipality

The Democratic Alliance (DA) in KwaZulu-Natal has slammed Premier Nomusa Dube-Ncube and Co-operative Governance and Traditional Affairs (Cogta) MEC Bongiwe Sithole-Moloi for remarks made at the provincial government lekgotla, where calls were mad
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19 Feb 2024

How South Africa is legislating its way into a healthcare crisis

Clumsy law-making on healthcare and the failure to correct it have resulted in medical schemes carrying an almost unlimited liability for prescribed minimum benefits (PMBs), while nearly 10 million people are being denied low-cost benefits for pr
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17 Feb 2024

Opposition accuses ANC of living in the past

Sticking to the campaign script President Cyril Ramaphosa set out in his State of the Nation address last week, ANC leaders on Tuesday used the debate on the speech to hammer home the democratic gains of the past 30 years. ANC chief whip
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13 Feb 2024

South Africa approaches ICJ to intervene in Rafah

President Cyril Ramaphosas administration has again turned to the International Court of Justice (ICJ) to ask it to act against the Israeli government after it carried out an aggressive attack on Gaza . The request was made on Monday, the preside
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13 Feb 2024