Category: BUSINESS
SA Post Office to get R1.8 billion lifeline – SABC News
The struggling South African Post Office has received a R1.8 billion bailout to stabilise its operations. This was revealed by Communications and Digital Technologies Minister Solly Malatsi when he was
Read More‘Govt moving forward to create Basic Income Grant’ – SABC News
Social Development Minister, Sisisi Tolashe, says the government is moving forward to create a Basic Income Grant. She was delivering her department’s Budget Vote in the National Assembly. For the
Read MorePotential impact of tariffs on economy hard to predict: SARB – SABC News
The South African Reserve Bank‘s (SARB) Prudential Authority says it is difficult to assess the potential impact of tariffs on the economy or financial systems at the moment. The regulator
Read MoreStocks climb on AI and rate cut optimism, unfazed by Trump’s tariffs – SABC News
Global stocks advanced on Thursday, underpinned by optimism around artificial intelligence and the prospect of upcoming interest rate cuts, while investors kept a cautious eye on US President Donald Trump’s
Read MoreTrump tariff threat to hit SA white farmers he vowed to protect – SABC News
US President Donald Trump’s threatened 30% tariff on South African exports is set to deal an economic blow to a community he has vocally and controversially championed: white farmers. Citing
Read MoreAgriculture minister says 30% tariff on SA would signal end to AGOA – SABC News
Agriculture Minister, John Steenhuisen, says the looming export tariff hike by the United States on South Africa shows the country needs urgent reforms. US President, Donald Trump, announced a 30%
Read MoreAfrica’s debt vulnerability mounting: IMF – SABC News
The International Monetary Fund says debt vulnerability in sub-Saharan Africa is mounting due to high global uncertainty, tighter global financial conditions and rising borrowing costs. However, it says the region
Read MoreCitrus Growers’ Association asks govt to break trade barriers – SABC News
The Citrus Growers’ Association (CGA) says it will continue to work closely with the Department of Agriculture and the Department of International Relations to address what it calls unjustified trade
Read MoreR25-billion illicit alcohol trade threatening SA’s economy: Report – SABC News
The illicit alcohol industry is a R25-billion industry, operating in the shadows, and threatening public health while robbing the fiscus of much-needed revenue. This is according to the latest report
Read MoreTrump says SA to pay 30% tariffs from 1 August – SABC News
US President Donald Trump has posted a letter to President Cyril Ramaphosa on Truth Social informing him that South Africa will be charged a tariff of 30 percent from the
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