SOUTH Africans spend more time in the traffic commuting than their counterparts in 22 similar countries – and when taken into account the country’s poorest citizens typically live on the fringes due to the legacy of spatial fragmentation – the impact of the transport challenges are most significantly felt by those least able to afford them.

Government is considering introducing a new long-term multiple-entry visa to boost tourism.

Government is working hard to promote greater private sector investment in a range of sectors.

Government will over the next three years provide an additional R553.3 million towards drought relief efforts, National Treasury said on Wednesday.

South Africa’s inflation has been forecast to dip to 6.4% for the remainder of 2016, National Treasury said on Wednesday.

South Africa’s economy has been revised down to grow at a rate of 0.5% in 2016, National Treasury said on Wednesday.

Finance Minister Pravin Gordhan says National Treasury will take a measured consolidation approach in order to create conditions that will set the country on a path of rapid economic growth.

I have previously referred to the South African economy as just muddling along – we aren’t shooting the lights out, but we haven’t sunk into the depths of a recession.

Fitch Ratings agency has aligned South Africa’s long-term local currency rating to long term foreign currency rating at BBB with a stable outlook, said National Treasury on Tuesday.

Ratings agency Standard and Poor’s will today make its decision public on South Africa’s credit rating.