President Cyril Ramaphosa reiterated that his administration wasn’t moving to privatise state-owned companies.
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South Africa has taken a key step towards fixing its broken work permit application regime.
South Africa’s population rose to 62 million people last year from 51.8 million in 2011.
A new law signed by President Cyril Ramaphosa will allow state-owned Postbank to become a fully fledged bank.
National treasury has proposed a new fiscal anchor as part of measures to regain the country’s fiscal credibility.
Electricity outages remain at record levels despite Eskom burning through vast quantities of diesel to bolster output.
Government intends to shut down the department of public enterprises next year.
Eskom said its transmission company will be operational by the first quarter of its 2025 financial year.
The Brics bloc has invited Saudi Arabia, Iran, Ethiopia, Egypt, Argentina and the United Arab Emirates to join.
The world’s leading emerging market powers are mounting their most ambitious challenge yet to the status quo.