Category: BUSINESS
Ramaphosa: National Convention to proceed despite withdrawals – SABC News
President Cyril Ramaphosa says the National Convention scheduled to start on the 15th of August will go ahead, with or without the participation of the national legacy foundations. He was
Read MoreSARB, Treasury in talks over inflation target alignment – SABC News
South African Reserve Bank (SARB) Governor, Lesetja Kganyago is confident that the bank and National Treasury will align on the inflation target. [ICYMI] Earlier today, Governor Lesetja Kganyago addressed shareholders
Read MoreCabinent approves appointment of RAF interim board – SABC News
Transport Minister Barbara Creecy says Cabinet has approved the appointment of an interim board at the Road Accident Fund (RAF). The Minister announced sweeping changes to the leadership of two
Read MoreKZN’s sugar cane farmers to be hard hit by US tariffs: SAFDA – SABC News
The South African Farmers Development Agency (SAFDA) says the US-imposed 30 percent tariff increase on the country’s imports will cripple many farmers especially in the sugar cane growing industry in
Read MoreLamola says SA-US relations unpredictable, urges diversification push – SABC News
International Relations and Cooperation Minister Ronald Lamola says he views the relationship between South Africa and the United States as unpredictable. He believes the country should prepare for this reality
Read MoreKwaNALU sounds alarm over imminent sector collapse due to resources – SABC News
KwaZulu-Natal Agricultural Union (KwaNALU) says 30% to 40% of farmers are likely to shut down before the end of this year due shortage of resources, natural disasters and disease outbreaks
Read MoreRand strengthens, All Share Index hits new record – SABC News
The rand strengthened on Thursday with the Johannesburg Stock Exchange All Share Index also hitting a new record. This as markets digest developments around the US tariffs impacts on South
Read MoreSA unveils tariff countermeasures to protect key industries, jobs – SABC News
The Cabinet has approved various short to long-term measures to ensure that the production capacity in sectors affected by the US tariffs is maintained and save an estimated 30 000
Read MoreCriminal charges filed against suspended IDT boss, Spokesperson – SABC News
The Minister of Public Works and Infrastructure, Dean Macpherson, says he informed the board of the Independent Development Trust (IDT), prior to formally laying criminal charges against its suspended CEO,
Read MoreE Cape businesses brace for mass closures over looming tariff hike – SABC News
The Eastern Cape is on edge as concerns mount over a looming tariff increase that threatens to disrupt the province’s fragile economy. Several businesses have already begun scaling back production.
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