IOL Logo
Saturday, June 7, 2025

Latest News & Developments

trade agreements

Exploring the South Africa-China Partnership: Insights from the Chinese Consul General

The Daily News' editor Ayanda Mdluli enjoys an insightful conversation with Li Zhigong, the Chinese Consul General in Durban, who discusses the growing partnership between South Africa and China, highlighting economic collaboration, cultural exchange, and future opportunities

Daily News Opinion
Ayanda Mdluli|Published

South Africa's exports face decline amid economic challenges

All indications were that exports are set to slow given the current economic climate, recent indicators, as well as surveys showing that manufacturing operating conditions are deteriorating.

Business
Nicola Mawson|Published

China and South Africa deepen economic cooperation through trade initiatives

Strengthening ties: China and South Africa enhance cooperation through trade and investment

Daily News News
Ayanda Mdluli|Published

Diplomacy amid discord: Ramaphosa and Trump set stage for new trade talks - Presidency

The Presidency said President Cyril Ramaphosa was looking forward to an outcome that will deliver enhanced trade and ensure shared prosperity for both SA and the US.

News Politics
Kamogelo Moichela|Published

Saffers rally around Ramaphosa ahead of crunch meeting at White House

X users comment about the forthcoming meeting between a high-level South African delegation and US officials in an attempt to revive bilateral trade relations

Daily News Opinion
Published

South Africa at a crossroads: economic strategies unfold as Ramaphosa visits the US and Godongwana presents budget

Today marks a crucial moment for South Africa as President Cyril Ramaphosa visits the US to strengthen diplomatic ties, while Finance Minister Enoch Godongwana prepares to present a national budget amid economic challenges

Daily News News
Daily News Reporter|Published

Will Ramaphosa's visit to the US improve trade relations?

Tensions unlikely to be resolved between South Africa and the US even after President Cyril Ramaphosa's visit to the White House.

Sunday Tribune News
Taschica Pillay|Published

BRICS+ Series: What the US-Russia Trade Resurgence Means for Global Geopolitics

Despite ongoing political tensions, US-Russia trade surged to a two-year high in March 2025, revealing the limits of Western sanctions and the persistence of economic interdependence. Driven by US demand for Russian raw materials, this resurgence reflects a broader shift toward pragmatic multipolarism, where geopolitical rivalry coexists with trade necessity—reshaping global multilateralism in a fractured but interconnected world.

News BRICS
Chloe Maluleke and Dr Iqbal Survé|Published

China, US slash sweeping tariffs in trade war climbdown

Washington and Beijing agreed to drastically lower skyhigh tariffs in a deal that emerged from pivotal talks at the weekend in Geneva.

Business
AFP|Published

AERO South Africa Trade Exhibition moves to Lanseria International Airport in 2025

Messe Frankfurt South Africa announces the strategic relocation of the AERO South Africa Trade Exhibition from Wonderboom National Airport to Lanseria International Airport, effective June 2025, reshaping the future of aviation events in South Africa.

News
Rapula Moatshe|Published

'No Genocide, No Land Grabs': Steenhuisen backs Ramaphosa ahead of Trump talks

President Cyril Ramaphosa announced imminent talks with Trump to address critical US-South Africa relations.

News Politics
Kamogelo Moichela|Published

US President Donald Trump says he won't fire Fed chief, signals China tariffs will come down

US President Donald Trump reassured global markets by stating he won't fire the Fed chair and hinted at significant tariff reductions on China, alleviating concerns over his aggressive trade policies.

News World
AFP|Published

South Africa and India: A growing economic partnership

India is on track to overtake Japan as the fourth-largest economy, presenting significant opportunities for South Africa, its fourth-largest trading partner. High Commissioner Professor Anil Sooklal highlights the strengthening economic ties and the growing interest from South African businesses in India.

News South Africa
Thobeka Ngema|Published

Russia and South Africa pledge closer economic cooperation

The two countries’ foreign ministers have emphasized multilateral coordination at BRICS and the UN.

Business
RT News|Published

Local currency moves back to R19 to the dollar, yet volatility is the name of the game

Following President Trump's unexpected tariff announcements, the South African rand has seen significant fluctuations, recently recovering to R19 against the dollar.

Business
Nicola Mawson|Published

How Trump's tariffs impact South Africa's billionaires and threaten thousands of jobs

Donald Trump’s trade tariffs protected South Africa’s richest but put thousands of jobs at risk in one of the world’s most unequal countries.

Business Jobs
Nicola Mawson|Published

There are no winners in a tariff war: Xi warns US will isolate itself

There are no winners in a tariff war, the Chinese president has said.

Business
RT News|Published

What if Trump’s tariffs actually make sense?

They’re messy, risky, and unpopular – but they might be part of a bigger, smarter plan.

News Opinion
Associated Press|Published

A F**K UP! Experts weigh in as SA braces for economic fallout from US tariff increases

Global markets are in chaos as President Trump's new tariffs take effect, hurting South Africa's economy and weakening the rand.

Business
Nicola Mawson|Published

Trump tariffs and political fears lash local market

South Africa's markets are in turmoil as the JSE's All Share Index drops 9. 28% in a week, driven by Trump’s tariffs and political instability.

Business Economy
Nicola Mawson|Published

Trump's tariffs on South African exports | Calls grow for trade diversification

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.

News Politics
Thabo Makwakwa|Published

Zimbabwe's President Emmerson Mnangagwa suspends tariffs on US imports

Zimbabwe's President Emmerson Mnangagwa has announced the suspension of tariffs on US imports, a strategic response to recent US tariffs. What implications does this have for Zimbabwe's economy and its relationship with the US?

The Star News
AFP|Published

Zimbabwe's President Emmerson Mnangagwa suspends tariffs on US imports

Zimbabwe's President Emmerson Mnangagwa has announced the suspension of tariffs on US imports, a strategic response to recent US tariffs. What implications does this have for Zimbabwe's economy and its relationship with the US?

News Africa
AFP|Published

China Stands Firm Against US Tariffs to Defend Global Trade Stability

China's strong stance against US tariffs is not just about its own interests but a crucial move to maintain global trade stability amidst rising protectionism, says the writer.

News Opinion
Michael Andisile Mayalo|Published

Ronald Lamola refutes claims of South Africa's prior knowledge of Hamas' attack on Israel

Minister Ronald Lamola rejects allegations of South Africa's prior knowledge of Hamas' October 7 attack on Israel, labelling them as 'lies and propaganda' aimed at tarnishing the country's human rights reputation.

News Politics
Mthobisi Nozulela|Published