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Tag Archives: Lephalale Express business

Wage review to alleviate poverty  

The government will review the National Minimum Wage in the work markert consistently to ease destitution. Labour Department Director Stephen Rathai told stakeholders the government was thinking about inflation and the cost for fundamental things to review the national minimum wages every year. The national minimum wage is planned for …

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Khanyago appointed new IMF Chairperson

President Jacob Zuma has congradulated the Governor of the South African Reserve Bank (SARB) Lesetja Kganyago on his appointment as the new chairman of the International Monetary Fund’s (IMF) International Monetary and Financial Committee (IMFC). “The appointment of  Kganyago is a point of reference in our call to incorporate representation …

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No change in repo rate

The repurchase rate will remain unchanged at 6.75% per annum, Reserve Bank Governor Lesetja Kganyago has announced. “In light of the recent developments and the balance of risks, the MPC [Monetary Policy Committee] has decided that it would be appropriate to maintain the current monetary policy stance at this stage,” …

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Ramaphosa to restore money related security

The task of Cyril Ramaphosa as the new ANC president comes as a relief to restore to a great degree key trust in both the political and budgetary nature of the country, Federation of Unions of South Africa (Fedusa) said on Tuesday. Fedusa General Secretary Dennis George said in a …

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