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Ramaphosa to lead SA delegation to Silicon Valley in AI drive

President Cyril Ramaphosa will lead a delegation to Silicon Valley in the United States next month to explore new opportunities in artificial intelligence (AI). Ramaphosa confirmed this during an engagement with journalists and editors in Sandton on Monday, during the commemoration of Black Wednesday. He said the delegation will include government officials, the business sector…

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NSFAS Receives Over 1 Million Applications For 2027 Funding

The National Student Financial Aid Scheme (NSFAS) has received more than one million applications for the 2027 funding cycle.The application period closes on 31 October 2026, with NSFAS confirming that there will be no extensions. The scheme has urged prospective applicants to submit their applications before the deadline to avoid last-minute challenges and ensure they…

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SA economy 4.9% bigger than previously estimated after GDP rebasing

The latest Gross Domestic Product (GDP) rebasing exercise by Statistics South Africa (Stats SA) has found that the country’s economy is 4.9% larger than previously estimated. The benchmarking and rebasing exercise lifted the measured size of the economy in 2022 to R6.99 trillion.Stats SA says the new benchmarking methodology prioritises reclassified industries and the non-observed…

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