The Business Weekly

The Business Weekly A regional business, financial newspaper based in the Free State. We cover also 20% of national and international news.

A weekly Department of Water and Sanitation (DWS) summary on water storage has revealed that water levels in Free State ...
24/01/2025

A weekly Department of Water and Sanitation (DWS) summary on water storage has revealed that water levels in Free State Province have remarkably increased to 76.2% this week, a 3.6% improvement from last week’s 72.6%.

This increase of water storage levels is due to prolonged rainfall.

Repealing the apartheid era Expropriation Bill Act of 1975 that favoured the minority, Ramaphosa officially signed into ...
24/01/2025

Repealing the apartheid era Expropriation Bill Act of 1975 that favoured the minority, Ramaphosa officially signed into law the Expropriation Bill on Thursday, 23 January 2025, which empowers all organs of the state, from local, provincial and national authority to expropriate land in the public interest for varied reasons.

The Bill repeals the Expropriation Act and to provide a common framework.

The new partnership includes the reigning world champions, the Springboks, as well as the Springbok Women, Springbok Sev...
24/01/2025

The new partnership includes the reigning world champions, the Springboks, as well as the Springbok Women, Springbok Sevens men and women, as well as the Junior Springbok teams.

We are thrilled to have Coca-Cola return as a partner.

DWS says it is closely monitoring the progress of the maintenance repair work being done and is satisfied that the work ...
23/01/2025

DWS says it is closely monitoring the progress of the maintenance repair work being done and is satisfied that the work is progressing well and that the work will be completed according to the planned schedule.

DWS says it is closely monitoring the progress of the maintenance repair work.

“The motion calls for the immediate removal of Mayor Khalipha, citing violations of the Councillors’ Code of Conduct, th...
23/01/2025

“The motion calls for the immediate removal of Mayor Khalipha, citing violations of the Councillors’ Code of Conduct, the Municipal Systems Act, and the Constitution, as well as financial mismanagement and misconduct. These actions have severely undermined governance, economic stability, and public confidence while jeopardising the municipality’s future under the current Section 139 intervention,” said Cllr Coreen Malherbe.

"The motion calls for the immediate removal of Mayor Khalipha."

The Free State MEC for the Department of Economic Development and Tourism Mr Ketso Makume will today, 23 January 2025, e...
23/01/2025

The Free State MEC for the Department of Economic Development and Tourism Mr Ketso Makume will today, 23 January 2025, engage with the private sector during a business breakfast on opportunities available in the province.

The Free State is one province with great economic opportunities.

The mining sector in South Africa has been under the spotlight lately mainly due to its challenges of declining global d...
23/01/2025

The mining sector in South Africa has been under the spotlight lately mainly due to its challenges of declining global demand and the argument that it is a sunset industry; coupled with that, is the issue of safety in the industry is of serious concern.

The Department remains committed to ensuring the health and safety of mineworkers.

“And I was saying before, with a party of common sense, you know, we — we don’t want to have men playing in women’s spor...
23/01/2025

“And I was saying before, with a party of common sense, you know, we — we don’t want to have men playing in women’s sports. We don’t want to have transgender operations for everyone. And we just want to have a great country,” he said.

We don’t want to have transgender operations for everyone.

The ECF arrangement for Niger was approved on December 8, 2021 and complemented by the RSF arrangement in July 2023. The...
23/01/2025

The ECF arrangement for Niger was approved on December 8, 2021 and complemented by the RSF arrangement in July 2023. The completion of the reviews allows for the immediate disbursement of SDR 13.16 million (about US$17 million) under the ECF—bringing total disbursements under the ECF arrangement to SDR 171.08 million (about US$ 227 million)—and of SDR 25.662 million (about US$34 million) under the RSF —bringing total disbursements under the RSF arrangement to SDR 59.88 million (about US$78 million).

The country continues to face daunting development challenges.

"Surveys have shown that South Africans have confidence in the Government of National Unity to take the country forward....
22/01/2025

"Surveys have shown that South Africans have confidence in the Government of National Unity to take the country forward. It has also contributed to a marked improvement in business and investor confidence,” said the President.

Surveys have shown that South Africans have confidence in the Government of National Unity.

“This flight is not simply a milestone for SAA and linking Johannesburg and Dar es Salaam through air travel; it heralds...
20/01/2025

“This flight is not simply a milestone for SAA and linking Johannesburg and Dar es Salaam through air travel; it heralds a bridge that connects two of Africa’s most influential economies and strengthens the friendship between our nations”, says SAA’s interim CEO, Professor John Lamola.

This flight is not simply a milestone for SAA.

As a first step towards restoring transparency and accountability to government, we will also reverse the over-classific...
20/01/2025

As a first step towards restoring transparency and accountability to government, we will also reverse the over-classification of government documents and the coming days, we are going to make public remaining records relating to the assassination of John F Kennedy, his brother Robert Kennedy, as well as Dr Martin Luther King Junior.

We are going to make public remaining records relating to the assassination of John F Kennedy.

With business and government working hand in glove through Operation Vulindlela, Ramaphosa says they have the potential ...
20/01/2025

With business and government working hand in glove through Operation Vulindlela, Ramaphosa says they have the potential to lift GDP growth to above 3%, which will be key in reducing the stubborn unemployment rate in the country.

South Africa needs to position itself as an attractive investment destination.

The atmosphere at the Central University of Technology (CUT) in Bloemfontein last week Friday was electric with jubilee ...
20/01/2025

The atmosphere at the Central University of Technology (CUT) in Bloemfontein last week Friday was electric with jubilee as the Free State Education Department retained its national number one position in the 2024 National Senior Certificate (NSC) final exams.

This makes the province an undisputed champion.

The president-elect is acting like a wild beast on the loose; he has threatened to withdraw America from NATO, a member ...
19/01/2025

The president-elect is acting like a wild beast on the loose; he has threatened to withdraw America from NATO, a member of which they are the largest contributor. He is stepping on every toe he comes across. He even threatened Israel and Hamas to conclude the ceasefire deal before he assumes office otherwise ‘all hell will break loose’.

Trump seems to be on a power trip and determined to make America greater than it is now.

South Africans are divided on the election of Donald Trump 2.0 as US President, while others are welcoming, some are not...
17/01/2025

South Africans are divided on the election of Donald Trump 2.0 as US President, while others are welcoming, some are not sure if it is a good thing or not for the country and only a small number believe he is bad for the country.

The US president elect has some support in South Africa.

Should it succeed, New Year’s Eve will never be the same for residents in Mangaung Metro as the Democratic Alliance (DA)...
16/01/2025

Should it succeed, New Year’s Eve will never be the same for residents in Mangaung Metro as the Democratic Alliance (DA) in the municipality is pushing for a ban of fireworks to ensure community safety and peace.

Amendments aim to ban fireworks in residential areas.

Economic activity remained strong in 2024, with real GDP growth projected at 6.0 percent. Inflation, which peaked at 23....
16/01/2025

Economic activity remained strong in 2024, with real GDP growth projected at 6.0 percent. Inflation, which peaked at 23.8 percent at the end of 2023, decelerated to 12.8 percent in November 2024 and continued its decline in recent weeks. The domestic fiscal balance is projected to have narrowed in 2024, as stronger-than-expected revenue mobilization was only partially absorbed by higher-than-anticipated wage bill and exceptional security expenditures. The current account deficit also is projected to have narrowed, thereby helping strengthen international reserves.

Economic activity remained strong in 2024, with real GDP growth projected at 6.0 percent.

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