Category: BUSINESS
Asian tech stocks bounce back after Trump tariff exemptions – SABC News
Shares in Asian tech companies that are major suppliers to companies like Apple rose on Monday after the US government granted temporary exclusions from steep tariffs on smartphones, computers and some
Read MoreStruggling households choose electricity over food: Debt Rescue SA – SABC News
South Africans are having to cut back on food to keep the lights on. This is according to the chief legal officer at Debt Rescue South Africa, Annaline van der
Read MoreEskom to scale down maintenance for winter demand: Ramokgopa – SABC News
Minister of Electricity and Energy Dr. Kgosientsho Ramokgopa says Eskom will reduce its scheduled maintenance during winter to meet higher electricity demand. In a written reply to Parliament, Ramokgopa explained
Read MoreWorkers await offer as CCMA gives PRASA 60-Day deadline – SABC News
The Commission for Conciliation, Mediation and Arbitration (CCMA) has given the Passenger Rail Agency (Prasa) 60 days to present a wage offer to the workers. Currently, the employer has refused
Read MoreEskom fails to achieve energy availability target of 70% – SABC News
According to the latest data released by Eskom from April 2024 to March 2025, Eskom only managed to reach 60.6 percent of its 70 percent energy availability factor (EAF) target.
Read MoreChina, HK stocks rise on hopes of trade negotiations – SABC News
China and Hong Kong shares rose on Thursday, as investors downplayed the latest US tariff increase on Chinese imports and pinned their hopes on talks between the world’s two largest
Read MoreUS tariffs marks death of AGOA: Expert – SABC News
University of Johannesburg’s Director of the Centre for Africa-China Studies David Monyae says the newly imposed tariffs on South Africa by the United States points to the death of the
Read MoreAfrica should start searching for new trade markets: Analyst – SABC News
Investment analyst Roy Mutooni says Africa should start searching for new trade markets in the continent as the US imposes tariffs on countries around the world. Many countries including China
Read MoreBETI records increase in economic transactions – SABC News
BankservAfrica’s Economic Transactions Index (BETI) has recorded an increase in economic transactions in March. This comes despite tough economic conditions including an intensifying global trade war. The BETI measures the
Read MoreEmerging markets to struggle following market turmoil: Expert – SABC News
Markets have been in turmoil as US President Donald Trump’s global tariffs officially came into effect today. Analysts note that emerging markets typically struggle during times of uncertainty and this
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