Category: BUSINESS
US tariffs threaten to accelerate protectionism and fragmentation
FNB Economist Koketso Mano warns that the latest trade tariffs proposed by the US could accelerate the fragmentation of global supply chains and push countries towards more regional trade. The
Read MoreThe looming retrenchment of workers at Pick ‘n Pay delayed
The looming retrenchment of more than 22,000 Pick ‘n Pay workers has been delayed after the parties agreed to return to the bargaining table. This comes after the Minister of
Read MoreAdcock Ingram accused of excessive pricing for kidney medication
Pharmaceutical manufacturer Adcock Ingram Critical Care is facing allegations of anti-competitive conduct over the pricing of its kidney failure treatment products. The Competition Commission has referred the case to the
Read MoreDiesel price cut offers limited relief for road freight industry: RFA
The Road Freight Association (RFA) says the latest reduction in diesel prices will offer limited relief to the trucking industry, with levies and structural costs continuing to push transport prices
Read MoreOil price surge will slow growth, hurt inflation gains: Ramaphosa – SABC News
President Cyril Ramaphosa has warned that the surge in international oil prices, driven by the US-Israel war on Iran, is expected to continue negatively affecting South Africa’s economy. Ramaphosa was
Read MorePetrol price increases are hitting the taxi business hard
Some Kimberley taxi drivers say recent petrol price increases are hitting their industry hard. Some drivers say they are filling up more than once a day. They say that Wednesday’s
Read MoreBusiness confidence falls amid Middle East war pressure – SABC News
Business confidence in South Africa has taken a knock as companies now grapple with renewed pressure from the war in the Middle East. The RMB/BER business confidence index fell by
Read MoreEastern Cape citrus farmers concerned about expected heavy rains – SABC News
Citrus farmers in the Gamtoos River Valley in the Eastern Cape are concerned that the expected heavy rainfall in the province this week could create severe risks to production and
Read MorePetrol price set to increase, diesel to drop on Wednesday
The Mineral and Petroleum Resources Department has announced the fuel adjustments for June, with petrol and diesel prices moving in opposite directions. The new fuel prices come into effect from
Read MoreMusina cross-border shopping hub driven by lower prices, better value – SABC News
Many nationals from neighbouring countries say lower prices, better value, and quality of products in South Africa entice them to come to the country to buy essential goods. The border
Read More