11 August 2025 – Global markets reeled on Friday after President Donald Trump’s tariffs barrage against nearly all US trading partners as governments looked down the barrel of a seven-day deadline before higher duties take effect. Stock markets in Hong Kong, London, and New York slumped as they digested the turmoil, while weak US employment […]
World Economies Reel From Donald Trump’s Tariffs Punch Read More »
8 August 2025 – South Africa recorded a rise in liquidations in June, with the latest data from Statistics South Africa showing that the total number of businesses that closed their doors increased by 7.4% compared to the same month last year. According to the report, 130 liquidations were registered in June 2025, up from
Rising Liquidations: Are South Africa’s Close Corporations In Crisis? Read More »
5 August 2025 The International Monetary Fund (IMF) has upgraded its global economic growth forecasts, attributing the improved outlook to the waning impact of trade tariffs and a surge in US imports. Global growth is now projected at 3 per cent for this year and 3.1 per cent for next year, an increase from previous expectations. The UK’s growth prediction for 2025 received a
The Impact Of Trump’s Tariffs On World Economy Revealed Read More »
4 August 2025 – The South African Revenue Service (SARS) has released preliminary trade statistics revealing that the country achieved a trade balance surplus of R22.0 billion for June 2025. This positive balance is attributed to robust export performance amounting to R170.7 billion, contrasted against imports totalling R148.6 billion, which includes trade activities with Botswana, Eswatini, Lesotho,
South Africa Records R22 Billion Trade Surplus For June 2025 Read More »
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