274 Mikel Mabasa said Mercedes-Benz will feel the pinch of the high tariffs. The CEO of the National Association of Automobile Manufacturers of South Africa (Naamsa) has warned that United States (US)…
Category: Business
Women lead surge in buying Chinese cars in SA — but here’s the risk
198 While the presence of these cars in South Africa has given people a variety of options to choose from, there is a possibility that they may harm the country’s economy over…
VW recalls 374 Amarok bakkies due to braking concerns
218 The affected cars were sold nationwide from 10 January 2025 to 12 June 2025. Volkswagen of South Africa (VW) has informed the National Consumer Commission (NCC) about a braking issue in…
Are you a trustee? Watch out for these common mistakes
160 Being a trustee for a family trust is not a simple thing – you have to ensure that all the administration is perfect If someone appoints you as trustee in a…
Farmers at G20 dialogue optimistic that agricultural sector will recover
165 Participants at the G20 event spoke about the importance of knowledge and resilience among farmers and the need for food security. Farmers in South Africa are optimistic about the future of…
How black tax and rising costs are squeezing South Africans
232 Providing for the generation before you as well as the one coming after you can cause financial stress. Black tax and rising costs are squeezing the sandwich generation as South African…
SA capturing a larger share of diverted Red Sea marine traffic
233 Thousands of vessels are being diverted from the Suez Canal around the Cape. The imminent arrival of Peninsula, one of the world’s largest marine bunker traders, in Algoa Bay, Gqeberha, means…
Eskom unplanned outages hit eight-year low
168 Eskom said on Friday that South Africa’s power system remains stable, with month-to-date energy availability at 71% and unplanned outages at an eight-year low. The state-owned utility reported that unplanned outages…
Lots of interest in interest and repo rates
201 Although the inflation rate surprised economists this week, the Reserve Bank did not and kept the repo rate unchanged. This past week, all eyes were on the central banks to see…
G20 discussions may not lead to anything concrete, expert says
189 ‘The G20 discussions are typically ceremonial, performative, and may not lead to anything concrete.’ South Africa has been chosen as the host of the G20 Presidency Summit for 2025. The G20…