South Africa has signed a trade framework with China aimed at securing duty-free export access amid US tariffs.
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Stablecoins are reshaping global finance, but South Africa’s regulatory inaction risks leaving consumers and banks exposed.
From budget city cars to ultra-luxury flagships, South Africans are increasingly spoiled for choice in electric cars.
Global markets retreated on Friday as Wall Street’s selloff spread worldwide, with AI spending fears driving volatility.
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Eskom is moving to stage-4 load shedding with effect from 1pm on Monday. This means that the utility will shed 4GW of electricity, up from the 2GW it was shedding on Monday morning.
Eskom started a second day of power cuts on Monday, creating uncertainty that endangers businesses that are highly dependent on the utility, a group representing the biggest electricity users said.
Numsa says President Cyril Ramaphosa has confirmed its worst fears: that the ANC plans to privatise state-owned enterprises.
Communications minister Stella Ndabeni-Abrahams has apologised for an altercation she had with an SABC news crew who were filming an ANC provincial rally in the Eastern Cape on Saturday.
African online retailer Jumia is planning an initial public offering in New York this year that could value the business at about $1.5-billion, according to people familiar with the matter.
Bharti Airtel’s Kenyan unit has agreed to combine operations with Telkom Kenya, creating the second-largest telecommunications operator in the East African nation after Safaricom.
