Latest News & Developments
South Africa's mining output, once a cornerstone of the economy, has seen a staggering 9. 6% year-on-year decline in February.
South African sugar industry faces significant economic challenges as US maintains 10% import tariff with the threat of returning to 30% punitive tariffs, says SA Canegrowers CEO Dr Thomas Funke.
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.
American financiers and billionaires voice strong criticism of President Trump's newly imposed tariffs.
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.
The South African rand shows signs of recovery after hitting two-year lows, but escalating trade tensions between the US and China raise concerns about future stability.
The United States has imposed 31% tariffs on South African exports, including vehicles, precious metals, and agricultural products. As economic pressure mounts, local and international experts are urging South Africa to diversify its trade partnerships beyond traditional markets to mitigate impact and ensure economic resilience.
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.
US President Donald Trump announced on Wednesday that all US imports will be subject to a base duty of 10%, with higher rates applied to 60 nations, including South Africa.
As South Africa navigates these turbulent economic waters, the long-term implications of increased US tariffs present both immediate challenges and potential avenues for inflation relief.
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 US President Trump's tariffs threaten economic stability at home and abroad, SA braces for potential fallout.
US President Donald Trump's latest tariffs have ignited a fierce global trade war, stirring outrage from allies and rivals alike.
Amidst Human Rights Month, South Africa faces a looming crisis as systemic corruption threatens the livelihoods of small-scale fishers. With a VAT increase on the horizon, the most vulnerable citizens are set to bear the brunt of economic mismanagement.
The imminent National Budget Vote is fraught with potential pitfalls as coalition tensions simmer.
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.
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.
The ANC faces significant political risks as it pushes for a VAT increase despite widespread opposition from major parliamentary parties.
Discover the devastating impact of illicit financial flows on Africa, as Speaker Anita Among reveals a staggering annual loss of $88 billion, crippling development and impoverishing millions
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.
In Parliament, Cyril Ramaphosa reaffirms the US as a vital partner for South Africa, despite challenges posed by disinformation.
Beijing's tariffs on certain US agricultural goods in retaliation for President Donald Trump's latest hike on Chinese imports came into force Monday.