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

6 h. ago Africa and the AI Opportunity: Shaping the Future of Inclusive Growth

The Global AI Summit on Africa 2025 commenced with the session titled “Africa and the AI Opportunity,” setting the stage for a comprehensive exploration of how artificial intelligence (AI) can drive inclusive and resilient growth across the continent. Held at the Kigali Convention Center, this pivotal session brought together a distinguished panel of leaders and… Read More »Africa and the AI Opportunity: Shaping the Future of Inclusive Growth The post Africa and the AI Opportunity: Shaping the Future of Inclusive Growth first appeared on iAfrica.

Politics

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

28 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 GNU Faces Crisis As Presidency Questions DA’s Commitment Following Budget Opposition

The Government of National Unity (GNU) in South Africa is experiencing significant strain after the Democratic Alliance (DA) opposed the recently proposed national budget, leading to questions about the party’s role within the coalition. The DA’s rejection of the budget, primarily due to disagreements over a proposed Value Added Tax (VAT) increase, has intensified existing… Read More »GNU Faces Crisis As Presidency Questions DA’s Commitment Following Budget Opposition The post GNU Faces Crisis As Presidency Questions DA’s Commitment Following Budget Opposition first appeared on iAfrica.

Events

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

40 h. ago South African Officials Defend Land Policy During Key US Talks

A senior South African delegation, led by International Relations Director-General Zane Dangor, has returned from Washington, where it met top US officials to discuss bilateral issues and clarify Pretoria’s stance on contentious policies like the Expropriation Act. The US officials, including those from the White House and State Department, were reportedly “cordial and receptive.” The… Read More »South African Officials Defend Land Policy During Key US Talks The post South African Officials Defend Land Policy During Key US Talks first appeared on iAfrica.

Events

65 h. ago Nigerian Billionaire Joins IMF Advisory Council on Global Growth

Tony Elumelu, a Nigerian billionaire and philanthropist, has been appointed to the IMF’s newly established Advisory Council on Entrepreneurship and Growth. Joining global figures like Marc Benioff, Salesforce CEO, and Reema Al-Saud, Saudi Arabia’s ambassador to the US, Elumelu will help shape policies that promote innovation, entrepreneurship, and sustainable private sector-led growth. The council, created… Read More »Nigerian Billionaire Joins IMF Advisory Council on Global Growth The post Nigerian Billionaire Joins IMF Advisory Council on Global Growth first appeared on iAfrica.

Politics

3 d. ago Finance Committee report recommends VAT, Tax hike alternatives

The committee report will be tabled in the National Assembly on Wednesday.

Politics

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 LIVE: Ramokgopa briefs the media on Electricity Transmission

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

Politics

3 d. ago “Those who want foreign policy changes must follow proper channels”

International Relations Minister Ronald Lamola says the GNU agreement is clear on this issue.

Events

4 d. ago Reducing Carbon Footprint: Sustainable Travel Tips for a Hotter Planet

As global temperatures rise, 2024 saw a temporary 1.5°C increase from pre-industrial levels, exacerbating carbon emissions. Holidaymakers can help combat this by choosing eco-friendly accommodation, such as green hotels or eco-lodges, which focus on reducing water and energy consumption, recycling, and serving locally sourced food. Some eco-lodges are connected to public transport systems for added… Read More »Reducing Carbon Footprint: Sustainable Travel Tips for a Hotter Planet The post Reducing Carbon Footprint: Sustainable Travel Tips for a Hotter Planet first appeared on iAfrica.

Transport

5 d. ago Ramaphosa confident 2025 Budget will pass despite VAT dispute

Ramaphosa confident budget will pass despite VAT hike opposition in Parliament.

Politics

6 d. ago Joburg Mayor confirms no increase in prepaid electricity charges

Mayor Morero confirmed no increase in the R200 prepaid electricity charge for Joburg residents.

Politics