Minister Malatsi said he was focused on interventions that can take South Africa forward as well as enhance economic activity in his portfolio and throughout the ICT sector.

SA Reserve Bank governor Lesetja Kganyago announced a 25 basis points cut to the repo rate on Thursday, adding that the monetary policy committee would start aiming for the lowest rung of its target band for inflation.

Deputy finance minister David Masondo says the appropriations bill before parliament has to be approved urgently or the national government cannot disburse funds from May’s budget and this will increasingly hamper the government’s ability to undertake authorised spending.

Stats SA announced on Wednesday that annual consumer price inflation was 3.0% in June, up from 2.8% in May.

Both McKinsey and Bain provide services for the business form, and the Black Business Council is not happy