Latest News & Developments
In a remarkable testament to resilience, 1. 9 million South Africans operated non-VAT registered businesses in 2023, a significant increase from 1. 5 million a decade earlier.
Despite a 0. 6% GDP growth in South Africa, the economy faces challenges with declines in manufacturing and mining.
With gold prices hitting an all-time high and the rand showing resilience, how are global markets reacting to Trump's Federal Reserve fears?
With tensions rising in Zimbabwe, police declare 'maximum security' as expelled Zanu PF member Blessed Geza calls for a national stay-away.
The two countries’ foreign ministers have emphasized multilateral coordination at BRICS and the UN.
South Africa's government proposes a VAT increase to address fiscal challenges, but experts warn it may disproportionately affect the poor and middle class, raising concerns about its impact on consumer spending and economic growth.
South Africa's planned staggered VAT increase from 15% to 16% is drawing criticism from economists and citizens alike, who argue that already-strained households will bear the brunt of the government's latest revenue-generating measure.
Samsung, the world’s second-largest phone maker, makes about half of its phones in Vietnam. A 46% tariff threat from Trump caused major disruptions to its supply chains.
The imminent National Budget Vote is fraught with potential pitfalls as coalition tensions simmer.
Gold has reached an unprecedented high of $3,148 per ounce, driven by economic uncertainties and geopolitical tensions. Discover the key factors behind this surge and what it means for investors.
Consul General Pan Qingjiang pledged to enhance cooperation between Chinese and South African women during a prestigious gala in Johannesburg, celebrating International Women’s Day and the strong bilateral ties between the nations.
Discover how India's External Affairs Minister Subrahmanyam Jaishankar champions the nation's democratic model as a driving force behind economic prosperity, amidst global political turmoil.
The University of Johannesburg's groundbreaking study reveals Johannesburg as the top-performing metropolitan municipality, while Thabazimbi leads all local municipalities in inclusive growth. The new Local Government Inclusive Growth Index measures beyond GDP to assess inequality, poverty, and unemployment across SA
Trump's freeze on USAID funding has thrown Latin America into crisis, threatening crucial programs fighting drug trafficking, poverty, and corruption.
In a significant diplomatic shift, Russian Foreign Minister Sergey Lavrov announced plans to drastically revise Russia's involvement with international organisations, citing 'discriminatory approaches' and the West's manipulation of global institutions.
At the World Economic Forum 2025, Dr. Iqbal Survé champions Africa's role in global innovation and sustainability, urging leaders to invest in technology and skills for a resilient future.
Global markets stand on edge as Trump's sweeping tariff deadline approaches, threatening to impose 25 percent duties on Canada and Mexico, plus additional levies on China. With less than 24 hours remaining, three of the world's largest economies prepare for potential economic shockwaves.
In a significant development for Russian-Egyptian relations, Presidents Putin and Al-Sisi reviewed progress on transformative joint projects, including Egypt's first nuclear power plant and a strategic Russian industrial zone in the Suez Canal area. The talks highlighted growing bilateral cooperation across trade, agriculture, and humanitarian spheres, marking a new chapter in the countries' partnership
With an 18-year legacy at the World Economic Forum, Dr Iqbal Survé brings Africa's sustainable development vision to Davos 2025. As Executive Chairman of Sekunjalo Group, his groundbreaking work in renewable energy, aquaculture, and technology showcases how business can drive both profit and planetary preservation. At this year's forum, he champions crucial initiatives that could reshape Africa's role in global sustainability.
The World Bank has issued a stark warning regarding the state of the global economy, projecting that growth will remain stable this year, but at historic lows.
In a significant boost to Russian-African relations, President Vladimir Putin reveals an unprecedented eightfold increase in trade with the Central African Republic, while pledging expanded security partnerships and continued humanitarian assistance – marking a major milestone in Moscow's growing influence in Africa.
As 2025 unfolds, South Africa’s economy emerges with renewed optimism, but SMEs must navigate a rapidly evolving landscape.