A South African education analyst and CEO for IDEA Digital Education, Dr Corrin Varady, has welcomed the increase of seven-point-four percent in the education budget for the 2024/2025 financial year.

He has however, warned that there must be tangible results instead of projects that were pipe dreams.

Varady was reacting to newly appointed Basic Education Minister Nosiviwe Gwarube's budget speech this week.

According to Gwarube the combined total budget allocation for the department is approximately 17 billion US dollars.

Channel Africa reporter Micheal Mbewe spoke to Dr Varady on this matter.

A South African education analyst and CEO for IDEA Digital Education, Dr Corrin Varady, has welcomed the increase of seven-point-four percent in the education budget for the 2024/2025 financial year.
He has however, warned that there must be tangible results instead of projects that were pipe dreams.
Varady was reacting to newly appointed Basic Education Minister Nosiviwe Gwarube's budget speech this week.
According to Gwarube the combined total budget allocation for the department is approximately 17 billion US dollars.
Channel Africa reporter Micheal Mbewe spoke to Dr Varady on this matter.

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Africa in Business

CEO for IDEA Digital Education, Dr Corrin Varady says tangible results need to be achieved with the education budget for the 2024/2025

South Africa’s Human Sciences Research Council (HSRC), together with the University of Mpumalanga, is hosting the 2026 Africa Young Graduates and Scholars Conference at the university’s Mbombela campus.


Held under the theme “Driving Sustainable Development: Innovation Through Technological Transformation,” the gathering marks two decades of advancing African research excellence and youth empowerment. The conference brings together emerging scholars, researchers and thought leaders from across the continent to explore how technology‑driven innovation can shape Africa’s development agenda.


Channel Africa’s Economics Reporter, Innocent Semosa, has more.

South Africa&rsquo;s Human Sciences Research Council (HSRC), together with the University of Mpumalanga, is hosting the 2026 Africa Young Graduates and Scholars Conference at the university&rsquo;s Mbombela campus.
 Held under the theme &ldquo;Driving Sustainable Development: Innovation Through Technological Transformation,&rdquo; the gathering marks two decades of advancing African research excellence and youth empowerment. The conference brings together emerging scholars, researchers and thought leaders from across the continent to explore how technology‑driven innovation can shape Africa&rsquo;s development agenda.
 Channel Africa&rsquo;s Economics Reporter, Innocent Semosa, has more.

2026 Africa Young Graduates and Scholars Conference advances African research excellence and youth empowerment

South Africa’s digital‑payments landscape is rapidly evolving, driven by increased mobile adoption and the rise of contactless technology. First National Bank has expanded its eWallet service onto WhatsApp, creating a simpler digital entry point into formal financial services for millions of South Africans, including those who may not have traditional bank accounts.


Nhlanhla Mahlangu reports.

South Africa&rsquo;s digital‑payments landscape is rapidly evolving, driven by increased mobile adoption and the rise of contactless technology. First National Bank has expanded its eWallet service onto WhatsApp, creating a simpler digital entry point into formal financial services for millions of South Africans, including those who may not have traditional bank accounts.
 Nhlanhla Mahlangu reports.

FNB expands its eWallet service onto WhatsApp

Amid escalating tensions in the Middle East, the International Energy Agency (IEA) is reportedly considering its largest‑ever release of emergency oil reserves to stabilise global markets. Meanwhile, Harmony Gold has released its interim results for the six months ending December 31, 2025, providing key insights into production performance and financial stability as geopolitical uncertainty continues to influence commodity markets.


Thami Ngubeni spoke to Anri Brink, Investment Strategist at Absa Investments.

Amid escalating tensions in the Middle East, the International Energy Agency (IEA) is reportedly considering its largest‑ever release of emergency oil reserves to stabilise global markets. Meanwhile, Harmony Gold has released its interim results for the six months ending December 31, 2025, providing key insights into production performance and financial stability as geopolitical uncertainty continues to influence commodity markets.
 Thami Ngubeni spoke to Anri Brink, Investment Strategist at Absa Investments.

CEO for IDEA Digital Education, Dr Corrin Varady says tangible results need to be achieved with the education budget for the 2024/2025

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