Several businesses have already begun scaling back production The Eastern Cape is on edge as concerns mount over a looming tariff increase that threatens to disrupt the province’s fragile economy. Several businesses have already begun scaling back production. Some have put expansion plans on hold, while others are preparing to shut down operations entirely. Breadwinners…
Semiconductor chips are seen on a circuit board of a computer in this illustration picture taken February 25, 2022. President Donald Trump said the United States will impose a tariff of about 100% on imports of semiconductors but offered up a big exemption – it will not apply to companies that are manufacturing in the…
The investigation revealed irregularities connected to IDT’s R836 million oxygen plants scandal. The Black Business Council has called for harsher sanctions against corrupt individuals in the country. This is in reaction to serious allegations that suspended Independent Development Trust (IDT) Chief Executive Officer (CEO), Tebogo Malaka sought to bribe journalist Pieter-Louis Myburgh on allegations of…
Sunflower field Rural safety and poor road infrastructure continue to pose risks to the farming community and farmers say these factors prevent them from getting funding. The Free State Agriculture organisation is holding a two-day annual congress in Bloemfontein. This year’s congress will address various agricultural issues and how to position themselves for the next…
The South African Reserve Bank (SARB) has urged those with loans at the Ditsobotla Primary Savings and Credit Co-operative Bank in Lichtenburg, North West, to continue to pay their debt. The institution was placed under the bank in resolution, which means that the Reserve Bank has taken over its affairs. The bank experienced substantial losses…
Deputy Minister of International Relations and Cooperation, Mr Alvin Botes, delivering the keynote address at the seminar on The United Nations at 80. Deputy Minister of International Relations and Cooperation, Alvin Botes, says South Africa is confident that a deal will be brokered between Washington and Pretoria regarding tariffs imposed by the US. South Africa…
Illegal miners appear in the Barberton Magistrate’s Court in Mpumalanga on August 4, 2025. The 24 illegal miners who resurfaced at the Sheba Gold Mine in Barberton, Mpumalanga, on Monday are expected to appear in the local Magistrate’s court today. Twenty-eight others resurfaced yesterday and will appear in court tomorrow. Those arrested are facing charges…
Nedbank has revised its growth outlook for 2025 to 1%, down from its earlier, more optimistic outlook of a 1.5% increase in GDP. This came out of a discussion with the bank’s Chief Executive, Jason Quinn, who was answering questions on the company’s interim results released on Tuesday. For the six months ended June 2025,…
Kristie Paine is an award-winning beekeeper and entrepreneur from the KwaZulu-Natal Midlands Kristie Paine, an award-winning beekeeper and entrepreneur from the KwaZulu-Natal Midlands, has made her mark in a male-dominated industry while raising awareness on how to help bees work for the environment. Paine became interested in bees when she was working as a game…
Finance Minister Enoch Godongwana has placed the Ditsobotla Primary Savings and Credit Cooperative Bank Limited (DCB) in resolution, effective August 1. This follows the Reserve Bank’s recommended intervention to protect depositors’ interests. The Reserve Bank says the DCB has failed to meet regulatory requirements for an extended period, was operating at a loss, and could…
