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Day: November 12, 2025

South Africa Lowers Inflation Target to 3% to Boost Economic Growth

Cape town: In a landmark moment for South Africa’s monetary policy agenda, the government has decided to reduce the country’s inflation target to 3%, with a 1 percentage point tolerance band. This strategic move is expected to lower the cost of living…

Interim Measures Introduced for Mounting Municipal Eskom Debt

Pretoria: Despite the introduction of the municipal Eskom debt relief programme in 2023, municipalities are still battling to address ballooning debt to the power utility.

According to South African Government News Agency, the debt has grown to som…

Johannesburg Ready to Host Historic G20 Leaders’ Summit

Johannesburg: The City of Johannesburg says preparations to host the 2025 G20 Leaders’ Summit have reached their final stages, with significant investments in infrastructure and security. The city said the Johannesburg summit, to be held later this mo…

South Africa Amplifies Infrastructure Development Efforts

Pretoria: Efforts to step infrastructure development are accelerating in South Africa – to support economic growth and drive improved service delivery.

According to South African Government News Agency, this momentum is detailed in the National Tre…

Government to Save R6.7 Billion by Reducing Wasteful Spending

Cape town: Government’s assessment over the last few months on budgeting effectively and efficiently, shows that the state could save R6.7 billion by removing low-priority or underperforming programmes over the medium term.

According to South Africa…

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