Category: BUSINESS
Trump trade war spreads more gloom across businesses – SABC News
Businesses across multiple industries are increasing prices, cutting financial guidance and warning of growing uncertainty as US President Donald Trump’s trade war pushes up costs, up-ends supply chains and stirs
Read MoreCOSATU refutes Treasury’s shortfall claim – SABC News
The Congress of South African Trade Unions (COSATU) has refuted National Treasury’s statement that by not increasing VAT, the medium-term revenue shortfall will be R75 billion. Media statement: Reversal of
Read MoreVAT hike reversal a victory for all South Africans: DA – SABC News
The Democratic Alliance (DA) has welcomed the reversal of the 0.5 percent VAT increase, which was meant to take effect next Thursday. National Treasury earlier this morning announced the reversal
Read MoreGodongwana reverses proposed VAT increase – SABC News
Finance Minister Enoch Godongwana has reversed the 0.5 percentage point VAT increase he announced during the passing of the budget in March. The VAT increase was later approved by the
Read More‘SA’s G20 presidency vital amid global food security challenges’ – SABC News
Agriculture Minister John Steenhuisen says South Africa’s presidency of the G20 comes at a crucial time. Steenhuisen says the world’s food systems are threatened by food insecurity, climate volatility and systemic
Read MoreSA’s tourism rebounds with 9 million visitors in 2024: De Lille – SABC News
Tourist numbers to South Africa and the rest of the African continent are on the rise. Tourism Minister Patricia de Lille shared the update during a media briefing in Durban,
Read MoreConsumer inflation eases to 2.7% in March – SABC News
Consumer inflation has slowed in line with market expectations. Stats SA data shows that annual Consumer Price inflation rose by two-point-seven percent in March, on a year-on-year basis. That’s down
Read MoreG20 must find relevance beyond crises: Kganyago – SABC News
South African Reserve Bank (SARB) Governor Lesetja Kganyago says the G20 must decide which issues to prioritise and establish better processes to reclaim its impact. Kganyago delivered the keynote address
Read MoreLIVE | SATA’s 45th telecommunications conference starts today
The 45th Southern Africa Telecommunications Association Annual Conference kicks off today in Johannesburg. During the three-day conference, various role players will engage on issues of policy and pave the way
Read MoreSA’s business cycle indicator rises 0.9% in January 2025 – SABC News
The composite leading business cycle indicator in South Africa rose by 0.9% monthly in January 2025. The latest number from the Reserve Bank follows a revised fall of 1.5% in
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