Business

Eastern Cape Province in crisis and Oil Prices drop

The Rand strengthened against the dollar last week Friday the 11th of April. The experts have cautioned that it remains vulnerable to developments in Washington’s global trade war and the potential for a split with in South Africa’s coalition government. The Rand was trading at 19.21 against the dollar, approximately 1.3 % stronger than Thursday’s

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As Trump s 30 Percent Tariffs begin Petrol Prices become Unpredictable

It had begun on Wednesday 9th of June. US President Donald J. Trump’s imposition of thirty percent trade tariffs on South Africa took effect. South Africans should brace themselves for a period where prices become unstable. The US President known for his single-minded leadership claimed South Africa has been “ripping off” US taxpayers and insisted

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The Budget Speech faces Fiasco Concerning Jobs at Eskom and Oil Price increase

The Rand has been hit hard by the defunding of federal support by US President Donald J. Trump since Friday 7th of March. Washington has cut all aid to South Africa. However, the American Dollar weakened after data revealed that the U.S economy added fewer jobs than anticipated last month. The Rand was trading at

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South Africa is taking first steps to integrating with Africa Industrialisation

South Africa is taking first steps to integrating with Africa Industrialisation

The African Continental Free Trade Agreement (AfCFTA) is in full swing. Implementation of the agreement offers South African business people unlimited opportunities to grow their businesses and expand their markets into the rest of Africa. South Africa’s centres of commerce such as Cape Town, Johannesburg and eThekwini (Durban) need to learn the new ropes concerning

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eThekwini at its height in Employment Growth ahead of the nation

eThekwini at its height in Employment Growth ahead of the nation

It was recorded in 2024, the previous year that Durban enjoyed an increase in over 70k jobs. This is the lowest unemployment rate among South Africa’s metros, recording a significant drop in unemployment. Durban’s data shows it has the highest employment rate and lowest unemployment among the country’s major metros. According to the latest Quarterly

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New Hope for Durban as Great opportunities created for Environment and Investments

New Hope for Durban as Great opportunities created for Environment and Investments

Durban North area is going to receive a make over from the combined efforts of NGO EnviroFixers and local business. An island on Kelvin Place in Durban North was given an incredible transformation, by the Durban North Conservancy and eThekwini-based Dykes van Heerden (DVH). It is all part of the Adopt-A-Spot programme offered by the

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South Africa’s Business Relations with United States Take Sour Turn

South Africa’s Business Relations with United States Take Sour Turn

South Africa finds itself in a tight spot with United States President Donald J. Trump. Trump has passed a controversial executive order last week titled “Egregious Actions of the Republic of South Africa”. The order referred to the Land Expropriation Act signed by President Cyril Ramaphosa over two weeks ago. Trump’s Executive Order calls the

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