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economic impact

south africa tariffs us trade policy
Business

South Africa Faces a Tariff Tsunami: Industry, Agriculture, and Hope on the Edge

by Isabella Schmidt
July 14, 2025

South Africa faces a big challenge as the US plans to add a 30% tariff on many exports starting in 2025. This hit will hurt important industries like carmaking and steel, and also make citrus fruit and wine much more expensive to sell in America. Thousands of jobs in factories and on farms could be lost, hurting local communities. South Africa must find new markets and work hard with US leaders to soften the blow. Despite the storm ahead, the country’s people stay hopeful and ready to fight for their future.

south african fuel prices economic impact
Business

A New Dawn for South African Motorists: The Ripple Effect of Falling Fuel Prices

by Isabella Schmidt
May 16, 2025

Fuel prices in South Africa have dropped, making petrol 22 cents and diesel 42 cents cheaper per litre. This helps families save money on filling their cars and eases costs for farmers and businesses that rely on transport. With lower fuel expenses, people can spend more on other needs, and goods might become more affordable, lifting the economy a little. Though the drop won’t fix all problems, it brings hope and relief to many South Africans struggling with high prices. This small change ripples through daily life, brightening the day for drivers, workers, and shop owners across the country.

fuel prices south africa
News

Fuel Prices Set to Drop: A Boon for South African Motorists

by Hannah Kriel
April 9, 2025

Great news for South African drivers! Starting April 2, 2025, fuel prices are set to drop, bringing happiness to many. Petrol prices will go down by 58 cents for 93 octane and 72 cents for 95 octane, while diesel will drop by an impressive 86 cents per litre. This price cut means families can travel more easily, and it helps small businesses too, making life a bit easier for everyone. It’s a welcome boost that connects people and encourages more adventures across the beautiful landscapes of South Africa!

cannabis ban south africa
Business

South Africa’s Unanticipated Cannabis Ban: A Comprehensive Overview

by Liam Fortuin
March 16, 2025

South Africa has unexpectedly banned cannabis and hemp food products, like hemp seed oil and THCinfused treats, causing a stir in the growing cannabis industry. This sudden rule threatens jobs and economic growth, leaving many small business owners worried about their futures. Critics are outraged, especially since just a month ago, the president spoke about wanting South Africa to lead in hemp production. The ban raises serious questions about public safety and government promises, making it harder for the country to catch up with others that have embraced cannabis. As this situation unfolds, it’s vital for everyone, from business owners to policymakers, to talk and find a way that balances safety and opportunity.

fuel prices economic impact
Business

Fuel Price Decline: A Glimpse of Hope Amid Economic Challenges

by Zola Naidoo
October 4, 2024

Fuel prices in South Africa have recently dropped, bringing some muchneeded relief to shoppers and businesses. Over five months, prices fell by about R4, with petrol and diesel seeing reductions between R1.06 and R1.14 per liter. This decrease means lower transportation costs, which could help reduce the prices of everyday items. However, challenges remain, especially for the taxi industry, which struggles to stay profitable without government support. As we celebrate this decline, it’s also a reminder to think about our future and how we can use energy more sustainably.

sassa grants social welfare
Business

The Nuances of SASSA Grants: An October 2024 Perspective

by Aiden Abrahams
September 26, 2024

In October 2024, SASSA grants will see small increases for the Older Persons Grant, Disability, War Veterans, and Childcare Dependency Grants, while Child Support and Foster Care grants will stay the same. Many people are worried, as these unchanged grants struggle to keep up with rising costs of living. The slight increases might help a little, but they are not enough for families facing tough times. Personal stories, like that of Thandi raising her grandchildren and John, a war veteran, show the real struggle behind these numbers, highlighting the urgent need for more support.

extortion rackets mthatha
Crime

The Scourge of Extortion Rackets: A Look at the Challenge in Mthatha

by Isabella Schmidt
September 3, 2024

Extortion rackets are causing economic harm to local businesses in Mthatha, South Africa, and disrupting longdistance bus services, affecting the most impoverished members of the community. It is a national concern as it exacerbates poverty and unemployment. A collaborative effort between law enforcement and the community is necessary to confront these criminal organizations. By dismantling the rackets, Mthatha’s economic health and vibrancy can be restored, and a safer and more prosperous future can be secured for South Africa.

africa travel week cape town
Events

Celebrating the 11th Year of Africa Travel Week: A Staple in Cape Town’s International Calendar

by Isabella Schmidt
April 9, 2024

Africa Travel Week is an exciting annual event in Cape Town, South Africa that showcases the best of the international travel industry. This year marks the 11th year of the event, which includes exhibitions, symposiums, and award galas for both luxury and general market tourism. With over 100 countries represented, the event is a prime opportunity for networking and deals worth around $450 million. The event has significantly contributed to Cape Town’s tourism industry, creating jobs and injecting an estimated R200 million into the local economy.

global events economic impact
Events

“Cape Town: The Emerging Epicenter of Global Gatherings”

by Chloe de Kock
January 7, 2024

Cape Town is becoming a hotspot for global events, with a range of international sports contests, music carnivals, and cultural assemblies taking place in 2023. These events, including Africa’s maiden Netball World Cup and the city’s firstever Formula E race, are expected to inject billions of rands into the local economy and create thousands of job opportunities. Cape Town is set to continue its growth as an international events host in 2024, with an exciting lineup of events already planned.

counterfeit food public health
News

The Escalating Issue of Counterfeit Foods: A Risk to Public Health and the Economy

by Aiden Abrahams
October 19, 2023

Counterfeit food products are increasingly being sold, especially in impoverished areas, putting consumers’ health at risk. The government is also deprived of essential revenue that could be invested in public services, ultimately impeding efforts to attract investors. DESTEA urges citizens to report any illegal activities or suspicious products to help stop the sale of dangerous fake goods and protect their health and wellbeing. Public vigilance and cooperation are crucial in the pursuit of a safer, healthier, and more prosperous future.

e-prix economic impact
Events

The 2023 Cape Town E-Prix: A Spectacular Event with Multiple Benefits

by Zola Naidoo
June 7, 2023

The 2023 Cape Town EPrix electrified racing enthusiasts while making significant contributions to the city’s economy and global reputation. This article highlights the event’s impact on Cape Town, including its economic and environmental benefits. ## Economic Impact of the Cape Town EPrix

south africa ramaphosa Cape Town
News

South African President Ramaphosa Leads African Peace Initiative for Russia-Ukraine Conflict

by Michael Jameson
May 17, 2023

South African President Cyril Ramaphosa recently announced an Africanled peace initiative to help resolve the ongoing RussiaUkraine conflict. This initiative highlights the growing role of African nations in global diplomacy. The collective effort comprises representatives from several countries, which includes Zambia, Senegal, the Democratic Republic of Congo, Uganda, Egypt, and South Africa. The African leaders intend to send a delegation to Moscow and Kyiv to present their proposal, with an aim to put an end to the devastating war.

ufc africa
Events

Dricus Du Plessis – The Future of UFC in Africa?

by Zola Naidoo
May 7, 2023

South African middleweight fighter Dricus Du Plessis has high hopes of becoming the future African champion of UFC. With a professional record of 192 and having won all five of his UFC fights, he is currently ranked #6 in the UFC middleweight rankings. Although some fans and experts have questioned whether he deserves a title shot after beating two pastprimed fighters in Derek Brunson and Darren Till, Du Plessis believes he is ready.

south africa electricity crisis Cape Town
News

Loadshedding: A Challenge for South Africa’s Energy Sector

by Zola Naidoo
April 14, 2023

South Africa’s energy sector has seen a significant challenge in recent years. Eskom, the country’s leading power utility, has struggled to keep up with the growing electricity demand. The result has been frequent power outages, or load shedding, which have disrupted businesses and homes. The reasons for this crisis are complex, ranging from aging infrastructure to corruption allegations. In this article, we will explore the causes of the electricity crisis in South Africa, its impact on society, and the measures being taken to address the problem.

  • Forging a Path to Enhanced Executive Oversight
  • Cape Town’s Unmissable Weekend of Sporting Action
  • South Africa Shines on the Global Cheese Stage
  • Renewing the Mozambique-South Africa Partnership: Highlights from the 4th Bi-National Commission
  • Deepening South Africa-Mozambique Ties: Progress and Prospects from the Fourth Bi-National Commission

- Cyril Ramaphosa absa cape town 10k access to education access to justice accountability advancement and resilience adventure tourism african club football african football club aging infrastructure alternative water supply australia rugby biodiversity boatica cape town border crime broadcasting complaints commission of south africa building a better south africa by-law enforcement cape town collaboration community engagement community involvement community resilience community safety community support crime prevention criminal justice system economic growth environmental sustainability gender-based violence job creation junior springboks kaizer chiefs law enforcement mamelodi sundowns No full names mentioned in the article orlando pirates public safety Restaurant rugby world cup south african football association south african police service south african rugby sustainable development goals western cape

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