Thu, March 20, 2025
[ Thu, Mar 20th ]: cnbctv18
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[ Thu, Mar 20th ]: CNN
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Wed, March 19, 2025
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[ Wed, Mar 19th ]: WJCL
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[ Wed, Mar 19th ]: Newsweek
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[ Wed, Mar 19th ]: Fortune
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[ Wed, Mar 19th ]: Bloomberg
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[ Wed, Mar 19th ]: AOL
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[ Wed, Mar 19th ]: CNBC
Federal Reserve holds interest rates steady: What that means for mortgages, credit cards and more
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[ Wed, Mar 19th ]: Moneycontrol
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[ Wed, Mar 19th ]: MoneyWeek
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[ Wed, Mar 19th ]: briefly
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[ Wed, Mar 19th ]: SHINE
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[ Wed, Mar 19th ]: BristolWorld
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[ Wed, Mar 19th ]: Insider
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[ Wed, Mar 19th ]: Forbes
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[ Wed, Mar 19th ]: Adweek
Unilever's CMO Says AI is Cutting Product Shoot Costs by 50%
[ Wed, Mar 19th ]: Newsday
How Trump tariffs could affect home improvement, renovation projects
[ Wed, Mar 19th ]: cnbctv18
Bajaj Housing Finance shares surge 6%; Here is why April 15 is key for the stock
Tue, March 18, 2025
[ Tue, Mar 18th ]: CNN
Trump is claiming credit for plummeting egg costs. So why haven't you noticed lower prices?
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[ Tue, Mar 18th ]: Newsweek
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[ Tue, Mar 18th ]: GOBankingRates
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[ Tue, Mar 18th ]: UPI
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[ Tue, Mar 18th ]: Forbes
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[ Tue, Mar 18th ]: Zawya
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[ Tue, Mar 18th ]: Bloomberg
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Manappuram Finance Eyes Fundraise On March 20 Board Meet; What Should Investors Expect?
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Tokenization Specialists Securitize and Ethena Unveil Institutional DeFi Blockchain
[ Tue, Mar 18th ]: Reuters
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[ Tue, Mar 18th ]: GlobalData
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[ Tue, Mar 18th ]: Monitor
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[ Tue, Mar 18th ]: Week99er
Discover The Best Crypto Presale to Invest In 2025: 5 Hidden Gems with Massive Potential
Mon, March 17, 2025
[ Mon, Mar 17th ]: Insider
Forever 21 says 'de minimis' exemption used by Sh .. u is partly responsible for its second bankruptcy
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Forever 21 files for bankruptcy and will close all US locations
[ Mon, Mar 17th ]: cnbctv18
Finance Ministry reveals director vacancies at public sector banks: Full list here
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[ Mon, Mar 17th ]: Bloomberg
Trump's Crypto Project Has Raised $550 Million in Token Sales
[ Mon, Mar 17th ]: CNET
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[ Mon, Mar 17th ]: CNN
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[ Mon, Mar 17th ]: BusinessTech
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Sun, March 16, 2025
[ Sun, Mar 16th ]: MyChesCo
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[ Sun, Mar 16th ]: Mint
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[ Sun, Mar 16th ]: BBC
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[ Sun, Mar 16th ]: techUK
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[ Sun, Mar 16th ]: Moneycontrol
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[ Sun, Mar 16th ]: CNN
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[ Sun, Mar 16th ]: Fortune
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[ Sun, Mar 16th ]: Invezz
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South Africa has no more money

  Copy link into your clipboard //business-finance.news-articles.net/content/2025/03/17/south-africa-has-no-more-money.html
  Print publication without navigation Published in Business and Finance on by BusinessTech
          🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source
  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/ ]