Coca-Cola soda is shown on display during a preview of a new Walmart Super Center prior to its opening in Compton, California in the United States. Donald Trump said on Wednesday that Coca-Cola had agreed to use cane sugar in its beverages in the United States after his discussions with the company. “I have been speaking…
DP Paul Mashatile arrives at Shunyi Centre in Beijing Deputy President Paul Mashatile has addressed the opening ceremony of the China International Supply Chain Expo in Beijing. Mashatile is on a working visit to China. The visit is aimed at strengthening bilateral relations and economic cooperation. Mashatile says that South Africa is committed to strengthening…
Person transacts with a card machine A second consecutive increase in economic transactions was noted in June by BankservAfrica’s Economic Transactions Index (BETI). The BETI measures the value of all electronic transactions cleared through BankservAfrica on a monthly basis at seasonally adjusted real prices. The value of economic activity ticked up in June to an…
Governor of the South African Reserve Bank Lesetja Kganyago attends a seminar titled “The Evolving Art of Monetary Policy in Emerging Markets” during the 2025 annual IMF/World Bank Spring Meetings in Washington, D.C., U.S., April 25, 2025. US President Donald Trump’s tariffs on South Africa could cause around 100 000 job losses, with the agriculture…
Residents of Rustenburg and surrounding villages in the North West have been left stranded as employees of Bojanala Bus Services went on strike. Democratic Municipal and Allied Workers Unions of South Africa (Demawusa) members embarked on a protected strike last month, demanding that the employer implement fair labour practices. However, the employer decided to dismiss…
Nvidia’s planned resumption of sales of its H20 AI chips to China is part of US negotiations on rare earths, Commerce Secretary Howard Lutnick said on Tuesday, and comes days after its CEO met President Donald Trump. “We put that in the trade deal with the magnets,” Lutnick told Reuters, referring to an agreement Trump…
Employees work on a production line manufacturing tools B20 Head of Secretariat in South Africa, Anthony Costa has emphasised the need for a predictable and rules-based international trading system, as new tariff policies continue to reshape the global trade landscape. Costa has acknowledged that while institutions like the World Trade Organisation are in need of…
An Uber logo is shown on a vehicle. The E-hailing Partners Council says some e-hailing companies’ decision to increase the commission taken from operators and drivers has negatively affected their salaries. Dozens of e-hailing operators have embarked on a protest at Uber’s head office in Parktown, Johannesburg. The disgruntled operators say they are unhappy about…
The South African Transport and Allied Workers Union (Satawu) is calling on road freight and logistics companies to stop employing undocumented foreign nationals as truck drivers. The union says it is unacceptable that employers overlook qualified unemployed local truck drivers in favour of foreign nationals in an attempt to cut costs. Satawu General Secretary Jack…
Uber e-hailing service users in Johannesburg should organise alternative transport as drivers plan a shutdown on Tuesday. The drivers are expected to gather in Kramerville before marching to the e-hailing company’s headquarters in Parktown. They say they are unhappy about issues including changes to Uber’s commission percentages and unprofitable fares. Driver Awelani Mashete says they…
