Gold prices surged due to US tension and economic uncertainty

A worker cleans gold bars at South Africa’s Gold Fields South Deep mine in Westonaria, 45 kilometres south-west of Johannesburg, South Africa, March 9, 2017. 1 minute Gold prices have surged due to increased demand for safe haven assets, amid growing trade tensions and economic uncertainty. President Donald Trump recently imposed sweeping tariffs on all…

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Godongwana’s first GNU budget speech expected to reflect MTBPS

South Africa’s Finance Minister Enoch Godongwana speaks during his medium-term budget policy statement in Cape Town, South Africa, November 1, 2023. 1 minute Economists expect the upcoming Budget Speech to outline economic projections similar to those presented in the medium-term budget policy statement. Finance Minister Enoch Godongwana will deliver his Budget Speech on Wednesday next…

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MK Party takes action against Zuma-Sambudla over X posts

uMkhonto weSizwe MK Party MP Duduzile Zuma-Sambudla 2 minutes The uMkhonto weSizwe (MK) party has swiftly responded to Commander Duduzile Zuma-Sambudla’s series of inflammatory posts on X. The posts, which directly targeted the party’s secretary general, were deemed offensive and in breach of the party’s disciplinary code. The party described her utterances as “unacceptable, divisive,…

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Accommodation shortages leave CPUT students stranded

CPUT campus 1 minute The Cape Peninsula University of Technology’s (CPUT) District Six campus is grappling with an accommodation crisis, leaving many students stranded and desperate. Some students who traveled from outside the province have seen their hopes of securing on-campus housing dashed. CPUT spokesperson Lauren Kansley confirmed that some students are still awaiting placements…

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SA resumes large scale apple exports to Thailand after 16 years

Joya Apples 2 minutes South Africa will resume large scale apple exports to Thailand again after 16 years. Exports to this market were lost after 2008, following changes in requirements from a trade partner. Ceres, in the Witzenberg Municipality of the Western Cape, provided the first shipment of Joya apples today. Authorities say the establishment of…

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