Foreigners spend big as Cape Town tourism hits R24.5bn

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What the DA’s cabinet reshuffle means for the GNU. Petrol pain drives inflation higher despite cheaper food. And digital banking's new challenger has arrived.

18 Jun 6AM English South Africa Business News · Politics

[TOP STORY] GNU faces new test over cabinet power struggle

‘This is unprecedented, both in the manner in which it has been done, and we are communicating with the president through the media, which will have a dampener on how the two parties are able to tolerate each other,’ says Busani Ngcaweni, director of the Centre for Public Policy and…

18 Jun 8AM 6 min

[TOP STORY] ‘Consequences are dire’ if new agriculture minister doesn’t address FMD bottlenecks

‘Farmers are battling to get vaccine and it is a huge crisis. We are seeing vaccinated animals that are being infected now post-vaccination, and that is purely because the animals around them have not yet been vaccinated,’ says Andrew Morphew, spokesperson, FMD Response SA.

17 Jun 8AM 7 min

30 June: Legal immigration deadline or public misinformation?

DA proposes Steenhuisen demotion amid growing FMD crisis. Cape Town takes unwanted crown as world's worst port. And SA emerges as a retirement haven for British expats.

17 Jun 6AM 32 min

[TOP STORY] Markets may be celebrating the Iran deal too soon

‘There is still a concern that even at $85 a barrel, oil prices are way above where they were a few months ago, and therefore inflationary pressures might still be around over the next few months,’ says Dr Azar Jammine, chief economist at Econometrix.

15 Jun 7AM 7 min

60% unemployed: Why young South Africans still can’t get a foot in the door

What a Middle East peace deal means for SA’s economy. Amnesty International raises alarm over growing annexation fears in the West Bank. And global advertising boom faces $54bn gulf crisis threat.

15 Jun 6AM 32 min