The Reserve Bank has kept the repo rate on hold at 3.5%. All five members of the Monetary Policy Committee voted to keep rates unchanged, given the view that inflation would remain well-contained in 2021. The bank upwardly revised its GDP forecast for 2021 from 3.6% to 3.8%.

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Smile Staff Reporter
Smile Staff Reporter

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South Africa’s second phase of the COVID-19 vaccine rollout will begin in May. Cabinet today announced that this would be implemented over a period of six months, targeting more than 13 million South Africans. Those considered to fall under vulnerable groups, essential workers, as well as occupational health and safety streams would be prioritised.

Three seafarers dead, two missing after incident off Mossel Bay coast

Smile Staff Reporter -
 Three seafarers have died, and two remain missing after a rescue boat that was launched from the AMSOL (African Marine Solutions Group) tugboat Umkhuseli...

Roadworks Underway in Samora Machel

Smile Staff Reporter -
 Residents and motorists in Samora Machel are being warned to expect roadworks and possible traffic delays, as the City of Cape Town carries out...

November SASSA Grant Payment Dates Remain Unconfirmed

Smile Staff Reporter -
  The South African Social Security Agency (SASSA) payment dates for November 2026 remain unknown, despite earlier confirmations that payouts would run from 3 November...