The Treasury says a proposed 20% tax will boost the fiscus and address some of the social harms caused by gambling

Former Nigerian president’s remarks come after the G20 Leaders’ Summit resolved to reaffirm multilateralism and pledged to fight food insecurity on the continent

The G20 Summit ends amid ongoing diplomatic and trade tensions between Pretoria and Washington as the chairpersonship of the G20 shifts to the US.

Minister of international relations and cooperation Ronald Lamola has confirmed that SA plans to hand the presidency of the G20 over to the US in the coming days, after the world’s largest economy failed to pitch for the G20 Leaders’ Summit in Johannesbur

The pledge comes as US President Donald Trump has refused to attend the G20 Summit in Johannesburg as the rift between Pretoria and Washington deepens.

This was the first Reserve Bank monetary policy committee meeting since finance minister Enoch Godongwana announced a new official inflation target of 3%.

Transport minister Barbara Creecy said a new raft of national transport regulations would ensure e-hailing platforms such as Uber were safer for South Africans, while law enforcement would continue to respond to tensions between e-hailing drivers and taxi operators

The chair of parliament’s portfolio committee on communications, Sangoni Diko, has demanded that communications minister Solly Malatsi stop dragging his feet on processing legislation that she deems critical to the ICT sector

SA Reserve Bank governor Lesetja Kganyago announced a 25 basis points cut to the repo rate on Thursday, adding that the monetary policy committee would start aiming for the lowest rung of its target band for inflation.

Minister of trade, industry and competition Parks Tau says the framework deal South Africa submitted to the US proposes concessions like liquefied natural gas investment and auto exemptions from tariffs.