South African Minister of Trade, Industry and Competition, Parks Tau, speaks during a press conference, in Washington, DC, US, May 21, 2025. The United States-Africa preferential trade pact, known as the African Growth and Opportunity Act (AGOA), has officially expired. However, Trade, Industry and Competition Minister Parks Tau remains confident that a renewal is imminent….
PRASA passenger trains seen at a station The Democratic Alliance (DA) will today lodge a formal complaint against the Passenger Rail Agency of South Africa (Prasa) at the Public Protector’s office in Johannesburg. This follows DA oversight visits uncovering alleged abuse and misspending of R3.5 billion to refurbish the old grey-and-yellow trains set to be…
A fuel refinery South African National Petroleum Company CEO Godfrey Moagi has highlighted Africa’s pressing energy gaps. He was speaking on the first day of the 5th annual African Energy Week 2025 at the Cape Town International Convention Centre. Moagi says fostering strategic partnerships is crucial to unlock the continent’s opportunities and drive sustainable growth….
Eskom head office in Sunninghill in Johannesburg. Eskom has recorded a R16 billion profit after taxes. This is for the first time in eight years the power utility has shown a profit This was revealed by CEO Dan Marokane at a media briefing in Johannesburg on Tuesday afternoon. The power utility says this profit will…
Slight petrol price increase from midnight Tuesday
File image The African Growth and Opportunity Act (AGOA), a key cornerstone of US–Africa trade for the past 25 years, is set to expire on September 30. The programme, launched in 2000, granted duty-free access to the US market for thousands of products from eligible Sub-Saharan African countries. It was intended to drive economic growth…
The US dollar was on the back foot on Tuesday in cautious trading as investors braced for a possible US government shutdown that would halt economic data releases including the crucial jobs report later this week. Government funding will expire at midnight on Tuesday unless Republicans and Democrats agree to a last-minute temporary spending deal, with President Donald Trump…
Bank of Algeria Algeria will issue its first-ever sovereign sukuk, worth $2.3 billion, early in November this year, according to a government document seen by Reuters and a source familiar with the matter. The sukuk issuance is part of the North African country’s efforts to diversify its financing sources and deepen domestic financial markets, amid…
The renaming of the Kruger National Park will have dire consequences, according to the tourism sector in Mpumalanga. This, after the provincial Legislature adopted a motion to rename the Kruger National Park, Kruger Mpumalanga International Airport and the Jan van Riebeeck Stadium in Witbank. Other sections of the community suggest that South Africa should strive…
Tourists during a visit at Kruger National Park. The tourism sector in Mpumalanga has warned that renaming the Kruger National Park will lead to substantial costs of rebranding and potential loss of international goodwill. [LISTEN] Storm brews over proposal to rename Kruger National Park 🔗 #SABCNEWS #TheWeekendView pic.twitter.com/XyX8zjpTMG — SABC News Radio (@SABCNews_Radio) September 27,…
