Business

BRICS Plus Foreign Ministers had met to call in a joint statement for inclusive, globally representative governance of Artificial Intelligence (AI) under the United Nations, emphasizing meaningful participation from developing nations. The Foreign Affairs/International Relations Ministers held their annual meeting on the margins of the 80th Session of the United Nations General Assembly on Friday.

Durban as a major South African metropolis has witnessed a rise in jobs, this was according to the latest employment data. However, in terms of formal businesses operating in the city there has been a significant decrease. Hundreds of micro and medium-sized businesses, with employees, have either closed down or moved away from the city.

East London, one of the country’s oldest industrial hubs is facing a great risk of turning into a ghost town if Mercedes-Benz South Africa (MBSA) decides to scale back or shut down its local operations. Mikel Mabasa, CEO of the automotive business council Naamsa who admitted the city could turn in to a ghost town

Inflation has gone downwards since August. South Africa has experienced a decline in rising prices that has seen surprise expressed from market and economic predictions of a slight rise. Annual consumer price inflation dropped from 3.5% in July 2025 to 3.3% in August 2025. Lower inflation in terms of food and fuel was able to

KwaZulu-Natal (KZN) is positioning tourism at the heart of its economic sustainability strategy, with leaders stressing that the sector is more than leisure—it is a driver of jobs, investment, and inclusive growth. Launching Tourism Month celebrations in KwaDlangezwa on Thursday, MEC for Economic Development, Tourism and Environmental Affairs Reverend Musa Zondi said tourism was “one

President Cyril Ramaphosa braced himself for a robust questions and answers session before Parliament where he will face enquiries concerning the purpose of national dialogue, economic growth, the proposal for a state-owned national bank and the imposition of new trade tariffs on South Africa by the United States (US), among other things. This took place

President Cyril Ramaphosa was in Harare, Zimbabwe this week for the Official Opening of the Zimbabwe Agriculture Show. He was a guest of honour and was welcomed by Zimbabwean President Emmerson Dambudzo Mnangagwa for a working visit. The purpose of the Zimbabwe Agriculture Show as an annual event is meant to be a platform to

The risk of pollution in ground water is increasing. South Africa’s water pollution situation is well-documented, with surface water resources under immense pressure from overuse, pollution and climate change. However, amidst the concerns, the cleanliness of ground water as a source of drinkable liquid remains under threat. This underground reservoir, accessed through boreholes and springs,

State owned Power Utility Eskom is seeking to protect its monopoly over South Africa’s energy resources. This is a resistance in opposition to an envisaged transition to a liberalized energy market. The utility has taken its case to the Gauteng High Court to prevent the issuing of new electricity trading licences to private sector operators.

South Africa must be wary of United States President Donald Trump’s plans to impose tariffs on BRICS Plus bloc member states. South Africa, two weeks on since the imposition of tariffs, has to brace itself for the fact that the Trump administration’s move to impose a further 25% tariff on India this week is just