# Union federation Cosatu says it is heartened by the tentative fall in consumer price inflation to 4.3-percent in July, down from 5.0-percent in June. South Africa’s inflation rate slowed for the first time in five months in July, partly due to a steep drop in fuel costs. Cosatu’s Matthew Parks says the war of aggression […]
# The South African Federation of Trade Unions says the country has an economy scarred by world-beating unemployment, mass poverty, inequality, stagnant growth and declining industrial capacity. Headline inflation eased to 4.3-percent in July from 5.0-percent in June. Saftu’s Asive Dyani says the medicine prescribed for inflation- restrictive monetary policy, high interest rates, and fiscal […]
# President Donald Trump sê Amerika het “ʼn baie regverdige” handelsooreenkoms met Kanada bereik. Onderhandelaars het gister vergader nadat Trump die instelling van 50-persent-tariewe op ʼn reeks Kanadese produkte voorlopig uitgestel het. Kanada se eerste minister, Mark Carney, sê hulle werk aan ʼn ooreenkoms waar die beste bepalings ingesluit word by elke land se belangrikste […]
# President Donald Trump says the US has reached “a very fair” trade deal with Canada. Trade negotiators met yesterday after Trump paused the implementation of 50-percent tariffs on a range of Canadian goods. Canadian prime minister Mark Carney says they are now moving towards an agreement that includes securing the best terms in each […]
# AfriForum says the updated electricity pricing policy will mean little unless the energy regulator, Nersa, properly enforces existing electricity laws and rules. The organisation’s Morné Mostert says weak regulation is forcing consumers to pay higher electricity bills, while some municipalities fail to meet basic requirements. Mostert added the regulator must ensure electricity tariffs are […]
# According to a University of Cape Town study, significant emissions cuts are possible at Sasol’s Secunda coal-to-liquids complex in Mpumalanga without an abrupt shutdown. The study shows that renewable energy and improved efficiency could cut emissions by about 26-percent by 2030, while deeper reductions could come from green hydrogen, electrification and carbon capture. The […]
# The DA’s member of Parliament Mark Burke has recused himself from Parliament’s Finance Committee while the South African Reserve Bank investigates a company he is a beneficiary of. Burke is facing scrutiny over allegations that fintech company Kastelo moved about four-billion-rand offshore in breach of exchange control regulations. The DA’s George Michalakis says the […]
# North West University Business School economist Raymond Parsons says the lower-than-expected inflation figure for last month is good news for consumers and businesses. However, Parsons states underlying price pressures remain a concern, with core inflation rising slightly to 4.2-percent. He added that the South African Reserve Bank could keep interest rates unchanged at its […]
# Gold producer DRDGold has reported a strong financial performance for the 2026 financial year. Its operating profit rose by 83-percent to eleven-billion-rand, while headline earnings increased by 89-percent to four-billion-rand. Gold production reached four-thousand-839 kilograms, above its target. The company says more than five-billion-rand invested in its vision 2028 growth programme is beginning to […]
