2 minutes Economist says recent developments around the government of national unity have cast a cloud on the country’s economic future. On Wednesday, the Democratic Alliance (DA) voted against the 2025 fiscal framework passed by the National Assembly during a heated session. Standard Chartered Chief Economist for Africa and the Middle East Razia Khan says…
File image: The Cape Town headquarters of the South African Revenue Service (SARS) is seen in this picture. 1 minute The South African Revenue Services (SARS) says it has made provisions to go ahead with the 0.5% VAT increase on May 1 despite receiving court papers about Democratic Alliance (DA) plans to interdict the Value-Added Tax…
2 minutes China said on Saturday “the market has spoken” in rejecting US President Donald Trump’s tariffs, and called on Washington for “equal-footed consultation” after global markets’ dramatic reaction to the trade levies, which drew Chinese retaliation. Several Chinese commerce associations in industries from healthcare and textiles to electronics also issued statements on Saturday calling…
Trade, Industry and Competition Minister Parks Tau 1 minute Trade, Industry and Competition Minister Parks Tau says South Africa has been looking for other trade partners including in Asia and other parts of the world. He says the country had already planned to diversify its trade relations with other countries before the announcement by the…
Trucks at a South African port 1 minute The president of the National African Federated Chamber of Commerce and Industry (NAFCOC), Gilbert Mosena says it’s about time that Africa becomes innovative and does not rely on products from other countries. He was responding to US President Donald Trump’s tariff announcement and its impact on business….
Deputy President Shipokosa Paulus Mashatile virtually delivering the Inaugural Gauteng Investment Conference keynote address, March 4, 2025. 1 minute Deputy President Paul Mashatile has stressed the importance of investing in skills and education in order to unlock economic growth and job creation. Delivering a keynote address at the inaugural Gauteng Investment Conference, Mashatile emphasised that…
Cargo ships are loaded with containers as it is docked at the port of Bangkok, in Bangkok, Thailand, April 3, 2025. 3 minutes Political Analyst Thembisa Fakude says a global trade war is inevitable, as various countries are likely to retaliate against the tariffs imposed by US President Donald Trump. Last night, Trump announced tariffs…
[File image] President Cyril Ramaphosa meets with GNU partners. 2 minutes Economists say recent developments around the Government of National Unity have cast a cloud on the country’s economic future. On Wednesday, the DA voted against the 2025 fiscal framework passed by the National Assembly during a heated session. Standard Charted Chief Economist for Africa…
US President Donald Trump delivers remarks on tariffs in the Rose Garden at the White House in Washington, D.C., U.S., April 2, 2025. 2 minutes The South African Chamber of Commerce and Industry (SACCI) says they are seeking clarity on the calculations used and companies that are going to be affected by the imposed US…
[FILE IMAGE] Trade, Industry and Competition Minister Parks Tau meets with the Black Business Council on August 12, 2024. 1 minute Trade, Industry and Competition Minister Parks Tau has emphasized the importance for South Africa to entrench and deepen its global presence amid growing geo-political tensions. The minister impressed upon delegates at the Gauteng Investment…
