Economic News

Russia Diesel Production Boosted After Trump-Putin Deal

Leave a Comment / Economic News, Energy & Economy / /

Russia Increases Diesel Output Following a recent fuel agreement between US President Donald Trump and Russian President Vladimir Putin, Russia diesel production has seen a notable increase. This development raises questions about whether the deal will lower global fuel prices or primarily provide Moscow with additional income during its war in Ukraine. According to Reuters,

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New Car Licence Renewal Tax: Will SA Motorists Pay More for the RAF?

Automotive News, Economic News / /

South Africa is considering a new car licence renewal fee to fund the struggling Road Accident Fund (RAF). Learn how proposed changes, fuel levy tweaks, and electric vehicles factor into the debate. South Africa Considers New Car Licence Renewal Fee South African motorists could soon pay a new fee when renewing their annual vehicle licence

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Modern circular Ntuzuma Mall structure with colorful vertical beams and signage

Ntuzuma Mall Development Brings Jobs and Skills Training as eThekwini Invests R200 Million in Township Infrastructure

Economic Development, Economic News, Infrastructure Investment, Uncategorized / /

Introduction EThekwini Municipality has committed more than R200 million to infrastructure projects in Ntuzuma Ward 42, north of Durban Metro. Central to this investment is the construction of the new Ntuzuma Mall and a R32 million upgrade of the KwaNozaza ICT Hub, both designed to reshape the township’s economic landscape. Retail and Economic Growth The

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Man holding a laptop looks out over an industrial area with power pylons, a construction crane, and a city skyline in the distance

South Africa’s Reform Delays Put Jobs and Investment at Risk

Business, Curent Affairs, Economic News, Uncategorized / /

South Africa’s unemployment rate has risen to 33.6% as weaker investment, stalled economic reforms, and uncertainty over Eskom’s restructuring threaten job creation. A reform delayed in a government office may sound distant from everyday life. But eventually, that delay becomes a factory that is never built, a small business that cannot expand, or another job

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South African supermarket worker packing stock during a retail shift

South Africans Have Jobs, but Not Enough Paid Hours to Survive

Business, Economic News, Labour news / /

In South Africa, being counted as employed does not always mean earning enough to survive. For a growing number of workers, employment means a few shifts a week, unpredictable hours and an income that changes from one month to the next. Their working hours may be reduced, but their rent, transport, electricity and grocery bills

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