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Sunday, June 8, 2025

Latest News & Developments

economic impact

The alarming drop in South Africa's electricity generation and distribution

South Africa's energy sector faces a troubling decline in electricity generation and distribution. What does this mean for the country's economic stability?

Sunday Independent News
Sizwe Dlamini|Published

Rand on backfoot as GNU Budget talks hit deadlock

The South African rand faces uncertainty as Budget talks reach an impasse, raising concerns over economic stability.

Business Economy
Jason Woosey|Published

Consumer class faces perfect storm as VAT hike collides with cost-cutting crisis

With the first VAT increase in seven years looming, South African consumers face unprecedented financial pressure. Discover how rising costs and spending cuts are reshaping the lives of everyday citizens

Sunday Independent News
Sizwe Dlamini|Published

US Federal Reserve expected to sit tight as Trump tariff fears buffet markets

Many analysts fear Trump's tariffs, civil service job cuts, and immigration plans could raise inflation and hamper economic growth, complicating the Fed's plans to bring inflation down to its long-term target of two percent while maintaining a healthy labor market.

Business Report Economy
AFP|Published

GNU’s first budget delivers a devastating blow to South Africans

South Africans brace for increased financial strain as the Government of National Unity unveils its first budget, featuring significant tax hikes and fiscal measures that threaten to deepen the economic crisis

Sunday Independent News
Sizwe Dlamini|Published