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Day: November 12, 2025

South Africa Sets New Inflation Target at 3% with Tolerance Band

Pretoria: The announcement of a new inflation target for South Africa of 3% with a 1 percentage point tolerance band follows agreement between the Governor of the South African Reserve Bank (SARB) Lesetja Kganyago and the Minister of Finance Enoch God…

Ramathuba Welcomes Significant Drop in Unemployment in Limpopo

Limpopo: Limpopo Premier, Dr Phophi Ramathuba, has welcomed the significant drop in the provincial unemployment rate, which has decreased from 35% in the second quarter of 2025 to 29.8%.

According to South African Government News Agency, this positi…

Minister Godongwana to Present MTBPS

Cape town: The Minister of Finance, Enoch Godongwana, will deliver the Medium-Term Budget Policy Statement (MTBPS) at a sitting of the National Assembly at the Good Hope Chamber in Parliament, today, Wednesday, 12 November 2025. The MTBPS plays a crit…

Minister Meth Welcomes Decline in Unemployment Rate

Pretoria: Employment and Labour Minister Nomakhosazana Meth has welcomed the reduction in South Africa’s unemployment rate, as reflected in Statistics South Africa’s (Stats SA) latest Quarterly Labour Force Survey (QLFS) for the third quarter of 2025….

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