President Donald Trump signed an executive order on Thursday declaring that his plan to sell Chinese-owned TikTok’s US operations to US and global investors will address the national security requirements in a 2024 law. The new US company will be valued at around $14 billion, Vice President JD Vance said, putting a price tag on the…
President Cyril Ramaphosa participates in an interactive session of Council on Foreign Relations held on the margins of the 80th United Nations General Assembly in New York, United States on September 24, 2025. President Cyril Ramaphosa says South Africa does not take its relationship with the United States (US) for granted and values the trust…
Alcohol displayed in a bar. The National Liquor Traders Council (NLTC) says a sustainable solution is needed to address the rise in substance abuse among youth, which does not include banning alcohol advertising. The remarks follow concerns raised by the Deputy President Paul Mashatile, who highlighted that substance abuse not only harms young lives but…
South African President Cyril Ramaphosa President Cyril Ramaphosa has told a Biennial Summit for a Sustainable, Inclusive and Resilient Economy that the 2030 development agenda was in peril. The first-ever summit of its kind takes place on the margins of the UN General Assembly in New York. It aims to strengthen coordination between the UN…
An SA Airlink aircraft. Economic experts for the Competition Commission and SA Airlink have disagreed on some aspects related to the calculation of the cost a new competitor would face when entering the market. The Competition Tribunal in Pretoria is hearing evidence of allegations of excessive and predatory pricing by the airline. The six-day sitting…
SAFTU General Secretary Zwelinzima Vavi addresses workers during a General Industries Workers Union of South Africa (GIWUSA) meeting. The South African Federation of Trade Union (Saftu) President Zwelinzima Vavi says workers are facing a job-loss “bloodbath” in the face of the current retrenchments across different sectors in the country. Vavi says to address the issue…
Finance Minister Enoch Godongwana. This year’s Medium Term Budget Policy Statement (MTBPS) will be tabled in Parliament by Finance Minister Enoch Godongwana on the 12th of November. The National Assembly will consider and adopt it on the 13th of January next year. Parliament says this year’s consideration of the MTBPS is the direct knock-on effect…
SA Airlink aircraft. The Competition Tribunal has heard fresh evidence in the excessive and predatory pricing case against SA Airlink. Economic expert for the Competition Commission, Jason Aproskie, testified that the airline overstated the value of its assets by using a method known as gross replacement value. It is the full cost required to replace…
The NCR is determined to clamp down on loan sharks and illegal money lending practices The National Credit Regulator (NCR) says it’s working closely with the South African Police Service to crack down on unregistered micro lenders across the country. The NCR has raised a concern over the surge in illegal lenders, also known as…
A large but loose Asian trade bloc that includes China, the Regional Comprehensive Economic Partnership, will consider adding new members and finding ways to boost trade when its leaders meet next month, the Malaysian hosts said on Monday. Malaysia plans to hold a summit of the RCEP, the world’s largest trade bloc, when it hosts the annual gathering of the Association of Southeast Asian Nations…
