insert_link Business / Economics Apple announces big investment in US Apple has announced a huge $500bn investment in the United States as it shifts more business to the US amid the Trump administration's new tariff regime. The tech giant announced it's hiring 20,000 Americans and building a manufacturing factory to produce servers for artificial intelligence. It comes as President Donald Trump imposes a 10% tariff on all products from China, where most iPhones are made. Benji Hyer reports. today25 February, 2025
insert_link Business / Economics President of S.A urges G20 to renew its efforts to advance debt sustainability President Cyril Ramaphosa of S.A has urged the G20 to renew its efforts to advance debt sustainability, with a particular emphasis on African countries. The president delivered the opening address at Thursday's G20 foreign ministers' meeting at Nasrec in Johannesburg. South Africa is hosting the first meeting of foreign ministers since taking over the G20 presidency from Brazil in December. Ramaphosa says more than 3.3-billion people live in countries where […] today21 February, 2025
insert_link South Africa S.A Finance Minister Accuses Cabinet of Leaking VAT Hike Plans S.A Finance minister Enoch Godongwana has accused some cabinet ministers of leaking plans for a VAT increase to the media. In a media briefing, Godongwana said the government of national unity will work towards an agreement before the budget is presented on 12 March: today20 February, 2025
insert_link South Africa In S.A, Minister of Finance will table 2025 budget on 12 March South Africa's Minister of Finance Enoch Godongwana has confirmed that the 2025 budget will be tabled on 12 March, following additional deliberations within the cabinet. The budget speech was initially set for yesterday, but government decided to delay it to allow further discussions. Godongwana told the media the delay is in line with the Public Finance Management Act, which allows for a postponed presentation in exceptional circumstances: today20 February, 2025
insert_link Business / Economics In S.A, COPE Urges Godongwana to Prioritize Economic Growth in Budget To South Africa now, where the Congress of the People is calling on Finance minister, Enoch Godongwana, to deliver a budget that prioritises heightened economic growth. COPE’s, Pake Dikgetsi, says they are warning that austerity measures targeting social services, while billions are lost to corruption will push the country further into a crisis Meanwhile, the GOOD Party Secretary-general, Brett Herron, says as things stand, around 18-million South Africans are poor […] today19 February, 2025
insert_link South Africa In South Africa, GOOD Party supports basic income grant as priority The GOOD Party says implementing a basic income grant should be priority number one in Finance minister Enoch Godogwana’s budget speech on Wednesday. Economic research the party conducted nearly two years ago, pointed to the country being able to afford a 999-rand basic income grant if it changed its approach to budgeting. GOOD’s secretary-general, Brett Herron, says South Africa is constitutionally obliged and can no longer afford not to implement […] today18 February, 2025
insert_link Business / Economics New tariffs to be rolled out from the U.S. to be reciprocal to each country U.S. President Donald Trump has added another round of tariffs detailed in a memo signed on Thursday. They will be worked out individually on countries proportional to their trade imbalance with the U.S. Caroline Malone reports. today14 February, 2025
insert_link Business / Economics MPs Sound Alarm Over Exploitative Lending Practices Lawmakers in the National Assembly debated financial reforms to curb rising debt levels in Namibia, especially among civil servants. Inna Hengari from PDM criticized microlenders such as Letshego for profiting N$199 million in six months while borrowers sink deeper into financial distress. Hertha Ekandjo reports for One Africa’s NewsOnOne. today14 February, 2025
insert_link South Africa In South Africa, EFF Tells Ramaphosa To Focus on Phala Phala, Not Empty Promises South Africa's EFF has called on president Cyril Ramaphosa to focus on his Phala Phala farm in Limpopo instead of making empty promises. Debating the state of the nation address, the party’s Omphile Maotwe argued urgent steps such as expropriating land without compensation and nationalising the South African Reserve Bank are needed: today13 February, 2025
