US government extends AGOA despite threats to exclude SA – SABC News

The United States (US) government has extended the African Growth and Opportunity Act (AGOA) despite threats to exclude South Africa from the preferential trade programme. President Donald Trump has now

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Automakers in US urge Congress to pass law banning Chinese cars – SABC News

A group representing major automakers on Thursday urged Congress to pass legislation barring Chinese vehicles from the US market before the end of the year. The Alliance for Automotive Innovation,

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Uber to exit Nigeria after 12 years of operations

Ride-hailing company Uber Technologies has announced it has ceased operations in Nigeria ​on September 2, ending its 12-year presence in Africa’s ‌most populous country, the company said in a notice

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SA fashion retailer TFG to close a further 180 stores

South African fashion retailer The Foschini Group (TFG) says it expects to ​close a further 180 stores over ‌the next three financial years in a bid to improve profitability as

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Employment and Labour Dept steps up inspections in four key sectors

The Department of Employment and Labour says it is targeting four key sectors as part of intensified inspections to tackle widespread non-compliance. Deputy Minister Jomo Sibiya says construction is among

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Coal will remain central in South Africa’s energy future: Ramokgopa – SABC News

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Fuel price hike a massive blow to taxi industry: NTA

The National Taxi Alliance (NTA) says speculation on fare increases is premature following the latest fuel hike. Prices of both grades of petrol go up by R 1.34c. Diesel now

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Oil prices jump 4% as fresh US-Iran fighting stokes supply fears – SABC News

Oil prices jumped about 4% to a one-week high on Tuesday as a resumption in fighting between the US and Iran renewed fears of supply disruptions from the Middle East.

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US urges G20 to cut trade imbalances, focus on China – SABC News

The Trump administration urged other G20 countries on Tuesday to do more to protect their domestic industries and job markets from Chinese imports, arguing such distortions were “sucking” much-needed growth

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‘Sharp increase in diesel driven by export restrictions from Russia’

The Director of Fuel Pricing at the Department of Mineral and Petroleum Resources, Robert Maake, says the sharp increase in diesel prices is being driven by the ongoing restrictions on

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