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China, HK stocks rise on hopes of trade negotiations

An electronic board shows Shanghai and Shenzhen stock indices as people walk on a pedestrian bridge at the Lujiazui financial district in Shanghai, China April 3, 2025. 3 minutes China and Hong Kong shares rose on Thursday, as investors downplayed the latest US tariff increase on Chinese imports and pinned their hopes on talks between…

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ActionSA vows not to partake in GNU unless VAT increase is revoked

[File Photo]: The GNU cabinet expand from 30 to 32 ministers and from 36 to 43 deputy ministers. 1 minute ActionSA has announced that it will not participate in discussions regarding the Government of National Unity (GNU) unless the proposed value-added tax (VAT) increase is revoked. Government announced an increase in the VAT rate from 15.0% to 15.5%, effective 1…

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Kimberley fraudster sentenced to 10 years in jail

File Image: Court gavel and a cone. 1 minute A Northern Cape woman has started serving her prison sentence for defrauding two municipalities of over R900 000 in 2021. The Kimberley Specialized Commercial Crimes Court found Simangele Sangweni guilty of fraud, forgery and money laundering and sentenced them to 10 years in jail. Sangweni submitted…

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ANC to ask NA Speaker to summon 9 MPs over Israel visit

National Assembly Speaker Thoko Didiza 1 minute The African National Congress (ANC) study group on international relations and cooperation says it will soon write to National Assembly Speaker Thoko Didiza to request her to summon nine MPs who recently visited Israel. The nine are members of the Democratic Alliance, Patriotic Alliance and African Christian Democratic…

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