Latest News & Developments
The Democratic Alliance is in court taking legal action against the government's proposed 0. 5% VAT increase, arguing it will disproportionately affect the poor and vulnerable.
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.
As tensions escalate between the South African government and the Trump administration, our country’s vital exports may never reach US soil, says Jennifer Reddy
Tshwane Mayor Nasiphi Moya unveils a strategic plan to tackle persistent power outages and stimulate economic growth, aiming for a 3. 9% growth rate by 2029 through infrastructure improvements and investment in underutilised city assets.
Elon Musk is calling on President Trump to rethink his harsh tariff policies, invoking the concerns of business leaders.
Minister Kgosientsho Ramokgopa embarks on a pivotal mission to China, aiming to bolster South Africa's energy capacity amidst a pressing energy crisis and to secure sustainable solutions for the future.
US President Donald Trump remains resolute in his tariff plans, claiming there is no inflation, despite significant market downturns triggered by China's retaliatory measures.
Economists and trade analysts from South Africa and across the African continent have raised concerns about recently announced US tariffs, warning of potential disruptions to local industries, increased consumer prices, and complications for Africa's economic recovery. International experts echo these sentiments, highlighting risks to global trade relations and market stability.
Asian stocks plunged on a market "Black Monday" after China hit back at the US. with major tariffs, escalating a trade war that many fear could lead to a recession.
Clarkson Lawson criticises President Donald Trump’s new tariffs, arguing that the administration misrepresents trade deficits as actual tariff rates, warning of significant economic consequences.
Many essentials, such as white bread, margarine, tea, coffee, and processed foods are taxable, meaning the VAT hike will directly increase their prices
As President Trump's tariffs loom large, South Africa faces a daunting challenge with a 30% tariff on its goods entering the US, putting its economy at risk. What are the implications for key sectors and the future of trade relations?
Trade Minister, Parks Tau, expresses confusion over the US' newly imposed 30% tariffs on South African exports, highlighting potential economic disruptions in key sectors.
As South Africa grapples with economic challenges, a troubling trend emerges: gambling is increasingly seen as a means of survival, raising significant concerns for society and mental health.
At the forefront of the "Youth and the Economy" event, participants and officials grapple with the lingering issues of youth unemployment and shattered expectations.
Could South Africans be facing a financial crisis due to the government's failure to adjust tax brackets for inflation? Discover how the R85,000 'stealth tax' is impacting average salaries.
As South Africa's tourism sector works its way back to pre-pandemic levels, the emphasis on attracting international visitors and enhancing their spending power has never been more crucial.
Former South African Ambassador Tony Leon has called for a strategic reassessment of SA-US relations following recent diplomatic tensions. Leon criticised 'megaphone diplomacy' and urged a more pragmatic approach focused on economic growth and job creation rather than ideological positioning.
Statistics South Africa reports a promising slowdown in job losses, driven by growth in trade, transport, and electricity sectors.
The ANC faces significant political risks as it pushes for a VAT increase despite widespread opposition from major parliamentary parties.
Gauteng's ambitious R211 billion budget allocation reveals major investments in education and healthcare, with R69. 6 billion and R66 billion respectively earmarked for these crucial sectors. MEC Lebogang Maile's comprehensive financial strategy aims to tackle unemployment, inequality, and service delivery challenges across the province.
As Gauteng prepares to unveil its 2025 budget, tensions rise over healthcare funding challenges and political accountability. With a projected R45. 1 billion health budget and the loss of crucial USAID funding, stakeholders demand transparent fiscal management amidst growing service delivery concerns.
South Africa's 2025 Budget Speech has sparked outrage, with critics labelling it a reckless move that threatens the financial stability of struggling households. What does this mean for taxpayers?