News

ANC U-turn over tax that threatened South Africa's government
The finance minister has warned that spending cuts or a rise in other taxes could follow.
South Africa abandons planned VAT hike after pushback
South Africa on Thursday scrapped plans to raise value-added tax after a political backlash that threatened the stability of ...
South Africa scraps proposed tax increase after pushback from coalition partners and opposition
The South African government has canceled a proposed tax increase that has threatened to collapse the unity government after ...
The Economist1h
How the global south forgot its own birthday
If any grouping can now claim to unite big non-Western countries, it is the BRICS. At first the bloc included only Brazil, ...
South Africa producer inflation down to 0.5% y/y in March
South Africa's producer inflation slowed to 0.5% year on year in March from 1.0% in February, statistics agency data showed ...
Tanzania bans South Africa and Malawi imports as trade row escalates
Tanzania has banned all agricultural imports from South Africa and Malawi in the latest episode of a growing trade row. "We ...
BusinessTech2h
Dark clouds gather over one of South Africa’s biggest employers
A major sector that employs almost 500,000 South Africans is in trouble, and there’s a reason taxpayers should care.
South African president discusses Ukraine, bilateral ties with Trump
South Africa's President Cyril Ramaphosa said in a post on social media platform X on Thursday that he had spoken to U.S.