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Lamola says SA-US relations unpredictable, urges diversification push

Minister Ronald Lamola participating in the Freedom Dialogue on South Africa’s G20 presidency, 07 August 2025. International Relations and Cooperation Minister Ronald Lamola says he views the relationship between South Africa and the United States as unpredictable. He believes the country should prepare for this reality by diversifying to become self-sustainable. The Minister was speaking…

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Maile confident about plans to boost Gauteng Tourism, businesses

media briefing Gauteng Tourism has recorded over R40 billion in foreign tourism revenue and R21 billion in domestic tourism revenue. These figures were revealed on Sunday during a media briefing in Johannesburg by Gauteng Finance and Economic Development MEC Lebogang Maile. Presenting the tourism performance update for the 2024/25 financial year, Maile reveals that more…

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SARB, Treasury in talks over inflation target alignment

Governor of the South African Reserve Bank, Lesetja Kganyago South African Reserve Bank (SARB) Governor, Lesetja Kganyago is confident that the bank and National Treasury will align on the inflation target. [ICYMI] Earlier today, Governor Lesetja Kganyago addressed shareholders at the 105th Ordinary Annual General meeting of the South African Reserve Bank (SARB). The role…

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Cabinent approves appointment of RAF interim board

Transport Minister Barbara Creecy. Transport Minister Barbara Creecy says Cabinet has approved the appointment of an interim board at the Road Accident Fund (RAF). The Minister announced sweeping changes to the leadership of two major state-owned entities (SOEs),RAF and South African Airways (SAA), while giving an update on the boards of directors of some SOEs that fall under her…

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Rand strengthens, All Share Index hits new record

[FILE PHOTO]: A 3D-printed miniature model of U.S. President Donald Trump, US Flag and word “Tariffs” The rand strengthened on Thursday with the Johannesburg Stock Exchange All Share Index also hitting a new record. This as markets digest developments around the US tariffs impacts on South Africa’s economy. The country faces a 30% tariff on…

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Criminal charges filed against suspended IDT boss, Spokesperson

Minister Macpherson The Minister of Public Works and Infrastructure, Dean Macpherson, says he informed the board of the Independent Development Trust (IDT), prior to formally laying criminal charges against its suspended CEO, Tebogo Malaka and spokesperson Phasha Makgolane. This follows an allegation that Malaka and Makgolane attempted to offer a bribe to a journalist with…

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E Cape businesses brace for mass closures over looming tariff hike

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…

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