6 h. ago Economists warn GNU uncertainty could threaten economic outlook

ANC Secretary General Fikile Mbalula says the ball is in the DA's court.

Events

15 h. ago Lesotho Faces Economic Blow as Trump Slaps 50% Tariff on Imports

Lesotho has become the world’s second hardest-hit country by President Donald Trump’s sweeping new tariffs, facing a 50% rate on all exports to the US—just behind China. The move threatens Lesotho’s thriving textile trade, including exports of Levi’s and Wrangler jeans, which have benefited from tariff-free access under the African Growth and Opportunity Act (AGOA).… Read More »Lesotho Faces Economic Blow as Trump Slaps 50% Tariff on Imports The post Lesotho Faces Economic Blow as Trump Slaps 50% Tariff on Imports first appeared on iAfrica.

Politics

15 h. ago South Africa’s VAT Hike Sparks Legal Showdown and Political Uncertainty

The Democratic Alliance (DA) has taken legal action against the South African government’s 2025 budget, challenging the constitutionality of its approval process and seeking to block a proposed value-added tax (VAT) hike. The DA, the second-largest party in the fragile ruling coalition, opposed the fiscal framework passed by Parliament, calling the process procedurally flawed. The… Read More »South Africa’s VAT Hike Sparks Legal Showdown and Political Uncertainty The post South Africa’s VAT Hike Sparks Legal Showdown and Political Uncertainty first appeared on iAfrica.

Politics

19 h. ago Mashatile urges investment in skills, education for economic growth

The Deputy President says education and skills are key in growing the economy and creating jobs.

Events

27 h. ago US decisions on SA not based on ‘correct facts’: Steenhuisen

Steenhuisen was among the economic cluster ministers who were answering oral questions in the NA.

Politics

34 h. ago Selective US Tariffs Spare Key South African Exports but Pose Challenges for Farmers

In a recent policy shift, the United States has imposed steep tariffs on several African nations, effectively signaling the end of the African Growth and Opportunity Act (AGOA). Countries such as Lesotho, Madagascar, Mauritius, Botswana, and South Africa now face tariffs ranging from 30% to 50%. This move comes amid existing challenges in these nations,… Read More »Selective US Tariffs Spare Key South African Exports but Pose Challenges for Farmers The post Selective US Tariffs Spare Key South African Exports but Pose Challenges for Farmers first appeared on iAfrica.

Politics

37 h. ago China, EU agree to restart talks on minimum price on Chinese EVs

Now facing 54% tariffs on exports to the US, the world's No. 2 economy China vowed countermeasures

Politics

40 h. ago Tshwane Mayor warns residents to brace themselves for tariff hikes

The City of Tshwane is struggling to increase its revenue collection.

Events

3 d. ago SARS Exceeds Revenue Targets, Collects Over R1.85 Trillion Amid Economic Challenges

The South African Revenue Service( SARS) says it collected more than R1.85 trillion in taxes in the 2024/25 financial year, outperforming its previous estimates. SARS announced its preliminary revenue outcome on Tuesday. The better than expected collection comes despite a challenging operating environment. The country’s chronically weak economy, a lower-than-expected wage increase, a decline in… Read More »SARS Exceeds Revenue Targets, Collects Over R1.85 Trillion Amid Economic Challenges The post SARS Exceeds Revenue Targets, Collects Over R1.85 Trillion Amid Economic Challenges first appeared on iAfrica.

Events

3 d. ago ANC Backs ActionSA Move To Halt VAT Increase, Easing Pressure On Taxpayers

The African National Congress (ANC) has endorsed ActionSA’s proposal to scrap the planned 0.5% VAT increase, aiming to provide relief for taxpayers already facing economic strain. ActionSA introduced an amendment to remove both the VAT and income tax increases proposed for the 2025/2026 fiscal year during Tuesday’s parliamentary joint committee on finance debate. ActionSA representative… Read More »ANC Backs ActionSA Move To Halt VAT Increase, Easing Pressure On Taxpayers The post ANC Backs ActionSA Move To Halt VAT Increase, Easing Pressure On Taxpayers first appeared on iAfrica.

Economics

3 d. ago Cableway Charity Challenge Returns And Table Mountain Cableway Invites The Public To Take Part

One of Cape Town’s most beloved fundraising events will once again take place on Table Mountain in May. The Cableway Charity Challenge 2025 is scheduled for Saturday 10 May 2025, and hosts and organisers, Table Mountain Aerial Cableway (TMACC), calls you to be a part of the action by cheering on participants, pledging your support… Read More »Cableway Charity Challenge Returns And Table Mountain Cableway Invites The Public To Take Part The post Cableway Charity Challenge Returns And Table Mountain Cableway Invites The Public To Take Part first appeared on iAfrica.

Politics

3 d. ago Maimane urges public to partake in hearings about Revenue Bill

Members of the public are urged to give input regarding the proposed national budget.

Politics

3 d. ago LIVE: Ramokgopa briefs the media on Electricity Transmission

This initiative is vital for enhancing national energy security and economic prosperity

Politics

4 d. ago Syrians in Ethiopia Preserve Ramadan Iftar Tradition Amid Challenges

Syrian refugees in Ethiopia, particularly in the Bole Michael neighborhood of Addis Ababa, are keeping the Ramadan iftar tradition alive despite their hardships. Syrian restaurant owner Ahmed Ibrahim offers free meals to those in need during the holy month, reflecting the strong community spirit and generosity seen in his homeland. Though poverty is widespread, the… Read More »Syrians in Ethiopia Preserve Ramadan Iftar Tradition Amid Challenges The post Syrians in Ethiopia Preserve Ramadan Iftar Tradition Amid Challenges first appeared on iAfrica.

Politics

4 d. ago Morocco’s Traditional Clothing: A Key Element of Eid Celebrations

As Ramadan nears its end, Moroccans eagerly prepare for Eid, where traditional attire plays a crucial role in the festivities. Garments like kaftans and djellabas, often crafted from luxurious fabrics and intricate embroidery, are custom-made for the occasion. Fashion designers, like Sahar El Maazouzi, release exclusive Eid collections that feature opulent designs. The demand for… Read More »Morocco’s Traditional Clothing: A Key Element of Eid Celebrations The post Morocco’s Traditional Clothing: A Key Element of Eid Celebrations first appeared on iAfrica.

Politics

6 d. ago Parliament Committee split over small business challenges in Limpopo

Parliament Committee Divided Over Small Business Challenges in Limpopo

Politics

6 d. ago Four Zimbabwean nationals sentenced to life for violent robbery spree

The robbers, who targeted families seated outside in the evenings, stole cellphones and money.

Events

6 d. ago Interledger Foundation To Top $21M Invested In Open Digital Financial Ecosystem With New Funding Round

The Interledger Foundation has opened funding for fintech and web-based platform projects that will become part of its interoperable payments network via the Interledger Protocol (ILP) – to build out its vision for an open digital economy.With projects in 40 countries, the organisation is already working with businesses to spearhead initiatives that reimagine existing financial… Read More »Interledger Foundation To Top $21M Invested In Open Digital Financial Ecosystem With New Funding Round The post Interledger Foundation To Top $21M Invested In Open Digital Financial Ecosystem With New Funding Round first appeared on iAfrica.

Politics

7 d. ago SARS Chief reveals an estimated R800 billion in uncollected taxes

SARS has reiterated that it is under-resourced to collect arrears

Economics

7 d. ago South Africa and World Bank Launch Plan to Rescue Struggling Cities

South Africa is collaborating with the World Bank on a $3 billion initiative to revitalize urban infrastructure in eight major cities, including Johannesburg, Cape Town, and Durban. These cities have experienced challenges, ranging from power outages and water shortages to degraded road networks and waste management systems. Under the plan, the World Bank will provide… Read More »South Africa and World Bank Launch Plan to Rescue Struggling Cities The post South Africa and World Bank Launch Plan to Rescue Struggling Cities first appeared on iAfrica.

Politics