Newsroom

Joe Cash and Nicoco ChanChina vowed on Tuesday to "fight to the end" against US tariffs as some citizens railed against President Donald Trump after he singled out Beijing for further levies, setting the stage for a standoff between the world's top two economies.If Trump sticks to his plan for an additional…

With the VAT increase looming on May 1, 2025, and the usual seasonal price hikes across various sectors like insurance and electricity, South Africans face a tightening financial landscape. As South Africans brace for the impact of these financial changes, it is crucial to adopt proactive strategies to manage expenses and ensure financial stability.Recent statistics from Statistics…

Standard Bank has reported a 43% year-on-year increase in new credit card uptake over the past year.According to the bank, this surge is driven by both bank-led growth initiatives and rising consumer demand, and it has been accompanied by notable shifts in how consumers use credit cards in South Africa.The…

Peter Armitage and Peter LittleGlobal stock markets are tumbling, and certain shares are approaching attractive levels. US President Donald Trump’s tariff announcement last week has resulted in a severe equity market meltdown at a pace faster than the start of the COVID-19 pandemic in early 2020. This article attempts to put the decline…

The awaited sanction on FlySafair for contravention of the foreign ownership regulations after findings by the International Air Services Licencing Council (IASLC) is up in the air.This comes after the Department of Transport (DoT) changed the members of the IASLC and the Air Services Licencing Council (ASLC) at the expiry…

The Agricultural Business Chamber of South Africa (Agbiz) has urged the nation to diversify its export markets in response to the trade turbulence generated by US President Donald Trump's announcement of potential tariffs that may exceed 10% on South African exports. Agbiz's chief economist, Wandile Sihlobo, on Monday emphasised the…

The rand remained on the back foot, depreciating further on Monday by 2.35% on fears that US import tariffs might start a global recession and due to political instability in South Africa, while the JSE took a breather after two days of big losses.By late Monday afternoon, the rand was…

Nearly half of tourism businesses in South Africa are expecting improved performance in the next 12 months despite economic and operational difficulties.These are the findings of the latest Tourism Business Pulse Report released by the Tourism Business Council of South Africa (TBCSA) on Monday, revealing a resilient yet challenged tourism…

MTN Group has announced a groundbreaking partnership with Synamedia, a leading video software provider, to develop a new streaming platform tailored for mobile and fixed broadband subscribers across Africa.This collaboration aims to enhance digital content accessibility and provide a diverse range of viewing options to meet the evolving preferences of…

The fallout from escalating US import tariffs reverberated across global markets on Monday as fears of trade tensions between the United States and China grew, with South Africa's economy bearing the brunt of the turmoil exacerbated by domestic political uncertainty. The rand plunged to a near two-year low by 2.4% to…