The South African government has begun putting together a comprehensive response plan to deal with the growing uncertainty caused by the possible collapse of trade talks with the United States. …
South Africa
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AfDB, South Africa Sign $474m Energy Transition Loan Deal
The South African government has signed a fresh loan agreement worth US$474.6 million with the African Development Bank (AfDB) to support its ongoing Just Energy Transition (JET) programme. This new …
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South Africans Turn to Cryptocurrency for Everyday Spending
Cryptocurrency is no longer just something people invest in hoping it will rise in value. In South Africa, digital money like Bitcoin and others are now being used to buy …
The Mahikeng High Court in South Africa has ordered Ditsobotla Local Municipality to pay over R7.5 million to Kwende Construction CC for emergency electricity repairs carried out in December 2023. …
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South Africa Faces 100,000 Job Losses as Trump’s Tariffs Hit Agriculture
The Governor of the South African Reserve Bank, Lesetja Kganyago, has raised concerns that the tariffs imposed by former United States President Donald Trump on South African goods could lead …
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South African Rand Gains as Trump Extends Tariff Deadline on U.S. Trade
South Africa’s currency, the rand, made a slight recovery in early trading on Tuesday after hopes emerged that the country could still negotiate a less severe trade agreement with the …
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Fuel Prices Rise Across South Africa
Motorists and households in South Africa are facing a fresh round of fuel price hikes, with the cost of petrol, diesel, and paraffin all increasing as of this week. According …
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Cape Town Businesses Warned of Fake Health Inspectors in Lentegeur
Businesses operating in Lentegeur, a suburb of Mitchells Plain in Cape Town, have been warned about a growing scam involving criminals posing as health inspectors, according to a report by …
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South African Inflation Expectations Crushed
South African analysts, business leaders, and trade unions have lowered their inflation expectations for the coming years, according to the latest survey released on Wednesday. This shift could encourage the …
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South African Rand and Bonds Strengthen on Optimism Over Possible Inflation Target Cut
South Africa’s financial markets showed signs of renewed strength on Tuesday, as the rand firmed and government bonds rallied, supported by growing investor optimism that the country could be moving …