• Mon, March 17, 2025

by: BusinessTech

South Africa has no more money

The Centre for Development and Enterprise's executive director, Ann Bernstein, warned that South Africa has run out of money.

by: MARCA

What to do if you receive a text message from the IRS about the $1,400 stimulus payment? It could be a scam

by: SiliconANGLE

Shadow AI: Companies struggle to control unsanctioned use of new tools

The multinational retail chain where Katie Smith worked in data analytics and finance for six years was so concerned ... chief information security officer at Stratascale, the business name of SHI International Corp. Organizations are pursuing a variety ...

by: Kiplinger

CoreWeave IPO: Should You Buy CRWV Stock?

The CoreWeave IPO will mark the biggest public offering of the year, with the AI cloud company expected to start trading on the Nasdaq in late March.

by: Investopedia

What Negative Return on Equity (ROE) Means to Investors

In the ROE formula, the numerator is net income or the bottom-line profits reported on a firm's income statement. The denominator is equity, or, more specifically, shareholders' equity. When net income is negative, ROE will also be negative.

by: LAist

Checking in on Medi-Cal as state approves $3 billion loan and concerns of federal cuts loom

Today on AirTalk, California approved a $3 billion loan for Medi-Cal amidst looming federal cuts. Want to get paid to be politically engaged and hold your public officials accountable? A local initiative called "LA Documenters" will train and pay you to take notes at public meetings.

by: Narcity

CBSA is looking to hire for these jobs across Canada and you can make over $100,000

Use precise geolocation data and actively scan device characteristics for identification. This is done to store and access information on a device and to provide personalised ads and content, ad and content measurement, audience insights and product development. List of Partners (vendors)

by: Dawn

No proposal to revise govt pay scales under consideration, clarifies finance ministry

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by: SmartAsset

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I'm retired and receive a pension but I still need to supplement my monthly income. My choices are to claim Social Security or start withdrawing money from my 401(k). I'm 64 and have $200,000 in a 401(k).

by: Vanguard

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by: Bloomberg

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by: Reuters

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by: Moneycontrol

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by: Bizcommunity

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by: Variety

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by: Forbes

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by: cnbctv18

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by: KHON2

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by: Entrepreneur

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by: AOL

These are the top 25 US presidents, according to historians and biographers

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by: Quartz

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by: Insider

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by: CNET

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The rollout of President Donald Trump's tariffs was messy, uncertain and caused widespread market volatility, and eventually that noise is coming for your bottom line.

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Wire transfers are the traditional go-to for international money transfers. They move funds directly from one bank account to another, usually via the SWIFT network, which is trusted worldwide. Banks also use strong security measures because they prioritize safety in money transfers, so you're typically in good hands.

by: Quartz

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by: Insider

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by: Reuters

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by: Bloomberg

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by: Insider

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by: Reuters

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by: AOL

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by: Reuters

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by: Insider

3 things to do now if recession jitters have you questioning your retirement plans

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by: Insider

FreeTaxUSA Review 2025

Read our in-depth FreeTaxUSA review to discover its features, pricing, ease of use, and customer support. Find out if FreeTaxUSA is the right tax software for your needs in 2025.
  • Tue, March 18, 2025

by: Week99er

Discover The Best Crypto Presale to Invest In 2025: 5 Hidden Gems with Massive Potential

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by: Moneycontrol

Urgent Loan Apps: How they work and other key details to check before borrowing

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by: Monitor

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by: CoinDesk

Tokenization Specialists Securitize and Ethena Unveil Institutional DeFi Blockchain

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by: Sharecast

Close Brothers shares tank as motor finance provisions lead to H1 loss

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by: Goodreturns

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by: EquityBulls

Manba Finance Limited forms Strategic Alliances with BGauss Auto, Fin Coopers Capital, and ProsParity

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by: GlobalData

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by: Bloomberg

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by: Reuters

G7 finance ministers discussed global trade, economic growth in virtual meeting

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by: Forbes

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Maximize efficiency and cut costs with smart AI, automation, and cloud strategies. Discover how FIS achieved sustainable growth with these solutions!

by: Reuters

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by: Insider

An HR company says it used a Slack trap to catch a corporate spy

A Rippling lawsuit says a spy locked himself in a bathroom when approached with a court order to seize his phone.

South Africa has no more money

The Centre for Development and Enterprise's executive director, Ann Bernstein, warned that South Africa has run out of money.
The article from BusinessTech discusses the dire financial situation of South Africa as highlighted by Finance Minister Enoch Godongwana during the Medium-Term Budget Policy Statement (MTBPS). South Africa's government is facing a severe revenue shortfall, with tax collections falling R56.8 billion short of projections, and the country's debt is expected to rise to R5.2 trillion by 2024/25. This financial strain has led to a situation where the government has "no more money," necessitating significant budget cuts across various departments. Key points include a reduction in the public sector wage bill, no new bailouts for state-owned enterprises like Eskom, and a focus on managing the existing debt rather than expanding expenditure. The article also touches on the political implications, with the ANC facing pressure to address these economic challenges ahead of the 2024 elections, amidst growing public discontent over service delivery and economic performance.

Read the Full BusinessTech Article at:
https://businesstech.co.za/news/budget-speech/817127/south-africa-has-no-more-money/