Post office The South African Post Office has received a R1.8 billion service allocation to stabilise operations. This was revealed by Communications and Digital Technologies Minister Solly Malatsi when he was presenting his department’s budget vote in Parliament. Malatsi says universal access to Post Office services as well as digital connectivity remains a priority, “The…
A street trader counts out change for a customer. Social Development Minister, Sisisi Tolashe, says the government is moving forward to create a Basic Income Grant. She was delivering her department’s Budget Vote in the National Assembly. For the 2025/26 financial year, the department will have nearly R300 billion to ensure the most vulnerable in…
A specialist trader works on the floor of the New York Stock Exchange (NYSE) in New York City, US, October 17, 2022. Global stocks advanced on Thursday, underpinned by optimism around artificial intelligence and the prospect of upcoming interest rate cuts, while investors kept a cautious eye on US President Donald Trump’s ongoing assault on…
Citrus farm The Citrus Growers’ Association (CGA) says it will continue to work closely with the Department of Agriculture and the Department of International Relations to address what it calls unjustified trade barriers on international markets. The association has outlined key priorities that will help the industry grow and export a total of 260 million…
Police in Washington Street in Langa in the Western Cape clamp down on an illicit alcohol operation where the liquor was confiscated on 10 September 2024. The illicit alcohol industry is a R25-billion industry, operating in the shadows, and threatening public health while robbing the fiscus of much-needed revenue. This is according to the latest…
FILE | A view of the Oval Office during a press conference between President Cyril Ramaphosa and US President Donald Trump. US President Donald Trump has posted a letter to President Cyril Ramaphosa on Truth Social informing him that South Africa will be charged a tariff of 30 percent from the 1st of August on…
Rand note and coins. The South African Reserve Bank‘s (SARB) Prudential Authority says it is difficult to assess the potential impact of tariffs on the economy or financial systems at the moment. The regulator and supervisor for licensed financial institutions in the country says the financial stability committee has been in talks over tariffs. Businesses…
Distribution workers work with tangerines at Goede Hoop Citrus in Citrusdal, Western Cape province, South Africa, July 9, 2025. US President Donald Trump’s threatened 30% tariff on South African exports is set to deal an economic blow to a community he has vocally and controversially championed: white farmers. Citing false claims that white South Africans…
Agriculture Minister John Steenhuisen. Agriculture Minister, John Steenhuisen, says the looming export tariff hike by the United States on South Africa shows the country needs urgent reforms. US President, Donald Trump, announced a 30% tariff on South African exports to the US effective from August 1. Economic experts react to the 30% tariff imposed by…
File Image: A man walks past the International Monetary Fund (IMF) logo. The International Monetary Fund says debt vulnerability in sub-Saharan Africa is mounting due to high global uncertainty, tighter global financial conditions and rising borrowing costs. However, it says the region is tackling this issue head-on and public debt ratios have stabilized on average….
