News
Asian stocks surge as US Supreme Court strikes down Trump’s tariffs
2+ hour, 46+ min ago (727+ words) The 4-foot bronze Fearless Girl statue which stands directly opposite the New York Stock Exchange (NYSE) on Wall Street as the The New York Stock Exchange. Asian stocks mostly rose while the dollar fell yesterday after the US Supreme Court…...
The US prices South African assets, and nobody’s talking about it
1+ week, 2+ day ago (1149+ words) The JSE is deeply integrated into global benchmark indices, which are predominantly tracked by US-based institutional investors and exchange-traded funds. Image: Nicola Mawson / Independent Newspapers SOUTH Africa's stock markets and investments do not operate as independent setups but as "satellite…...
Breakfast just got pricier as piggeries battle disease
1+ week, 3+ day ago (593+ words) File image: IOL. Pork products are becoming more expensive as local piggeries battle disease. PORK is getting expensive and it's not going to get cheaper anytime soon. Right now the industry is dealing with a double whammy: foot-and-mouth disease and…...
SASSA suspends 70,000 grants amid nationwide review, saving R44 million a month
1+ week, 3+ day ago (705+ words) SASSA says it has reviewed 240,000 social grants, suspending 70,000 due to non-compliance. The ongoing process aims to ensure grant eligibility, prevent fraud, and improve resource allocation within a strained government budget. The South African Social Security Agency (SASSA) has reviewed 240,000 social…...
Households in South Africa brace for financial struggle despite optimistic SONA 2026
1+ week, 4+ day ago (610+ words) The optimism expressed during Sona 2026 starkly contrasts with the daily struggles faced by South African households, prompting urgent calls for effective economic reforms that translate rhetoric into real relief for consumers. In the wake of the State of the Nation…...
SONA: Ramaphosa bets on R1 trillion infrastructure blitz to cement economic recovery
1+ week, 4+ day ago (638+ words) President Cyril Ramaphosa said South Africa's R1 trillion bond placement was the largest in the country's history. President Cyril Ramaphosa is focusing the Government of National Unity's (GNU) growth strategy on a historic R1 trillion public infrastructure commitment over the next few…...
Pork prices set to rise as disease outbreaks constrain supply, says top pork producer
1+ week, 4+ day ago (541+ words) Supply disruptions threaten to drive pork prices up in coming months, says leading SA pork producer South African consumers and retailers can expect further increases in pork prices in the coming months as the impact of African swine fever (ASF)…...
South Africa's interest rates remain unchanged: What to expect in 2026?
3+ week, 3+ day ago (461+ words) South Africa could see another three interest rate cuts between now and mid-2027, analysts predict. Image: AI / ChatGPT South African interest rates are currently stable, with the South African Reserve Bank (SARB) deciding to keep the repo rate unchanged at 6.75% during…...