Thousands of South African families are confronting uncertainty and anxiety as the country’s automotive sector continues to shed jobs and shutter plants. The African Transformation Movement (ATM) has called on the Minister of Trade, Industry, and Competition, Honourable Parks Tau, to act immediately after a wave of closures and layoffs has left communities in Pretoria,… Continue reading ATM Demands Action as Workers Lose Livelihoods
Tag: Parks Tau
Economic Turmoil Looms as U.S. Tariffs Slam South Africa Amid Diplomatic Breakdown
South Africa is staring down the barrel of a major economic blow after the United States confirmed it will impose steep tariffs—up to 30%—on goods and produce imported from the country. The move, effective 07 August 2025, follows a diplomatic and trade negotiation failure led by Trade Minister Parks Tau and International Relations Minister Ronald… Continue reading Economic Turmoil Looms as U.S. Tariffs Slam South Africa Amid Diplomatic Breakdown
South African Businesses Brace for Tariff Blow as Trump Targets Trade Deal
JOHANNESBURG – South Africa is facing a major economic jolt as the United States, under President Donald Trump, prepares to impose sweeping tariffs on South African exports, a move that could upend trade relations, hurt local industries, and threaten jobs. The Department of Trade and Industry confirmed that South Africa has formally requested more time… Continue reading South African Businesses Brace for Tariff Blow as Trump Targets Trade Deal
While Clearing Starlink’s Path through Equity Equivalent Programme is Valid, it Doesn’t Exempt it from the 30% Historically Disadvantaged Group Ownership Requirement under the Electronic Communications Act
What is Starlink? Starlink is a satellite internet service launched by Elon Musk’s SpaceX. It is built on a constellation of low-Earth orbit satellites that deliver high—speed broadband worldwide, particularly to remote and underserved areas. In technical terms, Starlink bypasses traditional terrestrial infrastructure like fiber optics or mobile towers and instead beams internet from orbit… Continue reading While Clearing Starlink’s Path through Equity Equivalent Programme is Valid, it Doesn’t Exempt it from the 30% Historically Disadvantaged Group Ownership Requirement under the Electronic Communications Act
Russian Giant Nornickel Unveils Plan to Reshape Africa’s PGM Market
Nornickel (Norilsk Nickel), the world’s largest palladium producer, has unveiled an ambitious strategy to expand the metal’s role in high-tech industries, particularly in the fields of energy, electronics, and green technology, at the 8th annual PGMs Industry Day in Johannesburg. The event, held on 3 April 2025 and chaired by industry veteran Bernard Swanepoel, brought… Continue reading Russian Giant Nornickel Unveils Plan to Reshape Africa’s PGM Market
South Africa’s New Export-Oriented Economy Aims To Boost Job Market
South Africa’s Deputy Minister of Trade, Industry and Competition, Andrew Whitfield, restated the importance of anchoring the country’s economic growth on finished goods manufacturing and export-oriented trading. This is reported by Prensa Latina, a partner of TV BRICS. During a debate to discuss the Ministry’s budget at the National Council of Provinces in the South… Continue reading South Africa’s New Export-Oriented Economy Aims To Boost Job Market