Chery targets Omoda C4 production in Gauteng
Petrol, hybrid and electric versions are planned for the South African market.
Petrol, hybrid and electric versions are planned for the South African market.
The proposed transaction includes R3 billion in cash and the assumption of R7bn in debt, with completion targeted by year-end subject to a shareholder vote.
Trump has excluded South Africa from December’s Miami summit despite its G20 membership, citing allegations of genocide against white people that Pretoria has rejected as misinformation.
‘We weren't consulted. We don't understand the exact formula. How was this calculated? Because 2.88% is not an arbitrary number,’ says Thoneshan Naidoo, chief executive of the Health Funders Association.
Treasury increased its borrowing forecast to R434.2bn for the year to March 2027, with the buyback programme aimed at reducing elevated debt redemptions over the medium term.
The fiscal anchor could help prevent another debt blowout – and lower the cost of refinancing R1.5trn in bonds from 2030.
Partnership with MathU set to give the group exclusivity over AI-enhanced learning tools.
Rising spending and uncertain revenue threaten fiscal sustainability.
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Government will publish legislation next year.