Headline 1
Applications open for Spaza Shop Support Fund
Story 1
The government has officially opened applications for the 500 million rand Spaza Shop Support Fund. This is aimed at boosting South African-owned spaza shops in townships and remote areas. Minister of Trade, Industry and Competition, Parks Tau, emphasised that the initiative is designed to stimulate job creation, promote economic inclusion, and empower local entrepreneurs. The fund will be jointly administered by the National Empowerment Fund and Small Enterprise Development Finance Agency. SOUND
Story 1 category
Headline 2
City Power launches solar-powered streetlight project.
Story 2
City Power has launched a R15 million solar-powered streetlight project in Midrand, Glen Austin, and nearby areas. The initiative aims at improving public safety, lower maintenance costs, and reduce infrastructure theft. Group Chief Financial Officer Tebogo Moraka says the project supports Johannesburg’s broader push to meet infrastructure demands in fast-growing urban zones. City Power plans to implement energy-efficient upgrades to modernize the city's power systems. SOUND
Story 2 category
Headline 3
Surfer Jordy Smith wins
Story 3
Jordy Smith of South Africa is celebrating his win after completing in the Surf City El Salvador Pro. Smith overcame fellow South African Matthew Mc Gillivray, securing his 7th Championship Tour victory. Smith has been surfing on the World Surf League Tour for 18 years starting back in 2008. Now aged 37 and the oldest man on tour Smith walked away with his first title in eight years.
Story 3 category
Financial Indicators headline
Financial Indicators
Financial indicators
Your financial indicators for this hour:
The Rand is trading at 18.84 to the US Dollar, 24.88 to the British Pound, and 21.43 to the Euro.
Gold is trading at 3,233.89 dollars a fine ounce, Brent Crude Oil is at 64.34 per barrel, and a Bitcoin will set you back 85,528.00.
The Rand is trading at 18.84 to the US Dollar, 24.88 to the British Pound, and 21.43 to the Euro.
Gold is trading at 3,233.89 dollars a fine ounce, Brent Crude Oil is at 64.34 per barrel, and a Bitcoin will set you back 85,528.00.