Latest News & Developments
America's small businesses are feeling the impact of the rising tariffs.
Despite an improved economic environment in 2024, South Africa's major banks face challenges, including squeezed margins and declining consumer confidence.
The recent imposition of a 30% tariff by the US on South African agricultural exports could spell disaster for the industry, threatening years of economic cooperation and the livelihoods of thousands.
Will South Africa's agricultural sector withstand the looming threat of losing Agoa benefits? Explore the potential impacts and strategies for resilience in the face of US trade challenges.
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.
Experts warn that Trump's tariff announcements could destabilize South Africa's economy, urging vigilance amid global trade turbulence.
Ratepayers express concerns over NERSA's approval of a 12. 74% tariff increase for Eskom direct customers, highlighting the financial strain on low-income households and the need for a sustainable energy strategy
South Africa faces potential US sanctions and severe diplomatic consequences if it maintains trade relations with Iran, warns foreign policy expert Prof. Michael Walsh. The Trump Administration's aggressive stance could lead to terrorism sponsor designation and banking restrictions
Mounting trade wars between the United States and its largest economic partners deepened on Tuesday as US tariffs on Canada, Mexico and China kicked in, sparking swift retaliation from Beijing and Ottawa.
As Trump confuses Spain for South Africa in BRICS, South Africans find humour in the blunder amid tariff warnings.
South Africa is bracing for potential electricity tariff increases in 2025 that could see prices jump by as much as 40%, as Eskom seeks a 36% increase along with an additional 4% from its Regulatory Clearing Account.
Concerns mount about the impact of the latest tariff hikes on cash-strapped residents and how they could affect voters' choices at next month’s polls.
OPINION: Many South Africans are furious about this high electricity tariff increase of 12. 74%, arguing that it is way above, far more than double, the current consumer price index (CPI) of 5. 6% in February, writes Prof. Bonke Dumisa.
Members of the community in Mpumalanga said parliament must keep an eye on the tariff structure of private companies that will compete with Eskom.
Many civil society organisations, economic analysts and municipalities have vehemently rejected Eskom’s proposal.
This was because Tshwane head administrator Mpho Nawa had no legislative authority to pass the metro’s 2020/21 budget, which saw tariff increases for refuse removal, electricity and water services.