Economy Archives - Page 10 of 12

Musk Slams Trump’s Tax & Spending Bill as a ‘Disgusting’ Disgrace

In a major fallout, Elon Musk breaks with Trump over a multi-trillion-dollar tax bill he says will “crush” Americans with debt. Image: Getty Images.

Musk Slams Trump’s Tax & Spending Bill as a ‘Disgusting’ Disgrace

Mampho Modise June 4, 2025

(The Post News)– Elon Musk has launched a blistering attack on President Donald Trump’s flagship tax and...

Appeals court pauses decision challenging Trump’s trade tariffs, keeping policy intact for now. Image: Bloomberg.

Trump-Era: Tariff Policy Gets Legal Reprieve Amid Court Battle

Mampho Modise May 30, 2025

(The Post News)– The Trump-era tariff policy targeting steel and aluminium imports received a temporary legal reprieve...

Leaders from Southeast Asia, China, and the Gulf Cooperation Council (GCC) convened on Tuesday for their first-ever trilateral summit, seeking to strengthen economic ties and safeguard their trade-dependent economies. Image: ASEAN.

ASEAN, China, GCC Build Economic Ties Despite High US Tariffs

Boipelo Leburu May 27, 2025

(The Post News)- Southeast Asian, Chinese, and Gulf Cooperation Council (GCC) leaders gathered on Tuesday in their...

Economic Freedom Fighters (EFF), Spokesperson Sinawo Thambo says they will oppose any budget measures that may hurt the poor. Image: Gallo images.

EFF to Oppose Budget Measures That May Unfairly Hurt the Poor

Lindelani Mndaba May 21, 2025

(The Post News)– Ahead of the finance minister’s updated budget statement on May 21, 2025, in the...

New UN document highlights US efforts to weaken global development finance. Image: ZAWYA.

UN Doc Exposes US Efforts to Weaken Global Growth Financially

Natalie Semono May 7, 2025

(The Post News)– The United States is attempting to weaken a global agreement designed to support developing...

President Donald Trump announced Sunday he has instructed federal agencies to impose a 100% tariff on all films produced outside the United States and imported into the country. Image: Business Insider.

Hollywood Trade War:Trump Imposes 100% on Foreign Films

Boipelo Leburu May 5, 2025

(The Post News)– In a stunning intensification of his running trade war, United States President Donald Trump...

US Secretary of State Marco Rubio with Foreign Ministers Therese Kayikwamba Wagner of DR Congo and Olivier Nduhngirehe of Rwanda at the signing of a Declaration of Principles in the Colin L. Powell Treaty Room at the Department of State. Image: Secretary Marco Rubio shared via X @SecRubio.

Rwanda and DRC Sign a Pact to Replace Conflict with Cooperation

Nkosinathi Mkhize April 27, 2025

(The Post News)– After months of bloody clashes in eastern Democratic Republic of Congo (DRC), a deal...

0.5% VAT hike is a show, a low-risk, high-visibility political move, but doesn't challenge the economic order, nor does it address structural inequalities in taxation or public spending according to analysts. Imaage: Shutterstock.

VAT Hike Dropped, But the Bigger Fight is Still Being Avoided

Nkosinathi Mkhize April 25, 2025

(The Post News)– Finance Minister Enoch Godongwana has scrapped plans to raise VAT, backing down after a...

Proposed VAT Hike Reversed and Remains at 15%

Finance Minister Enoch Godongwana has announced that the planned 0.5% VAT increase will not go ahead, keeping the rate at 15%. Image: Bloomberg News.

Proposed VAT Hike Reversed and Remains at 15%

Natalie Semono April 24, 2025

(The Post News)– Finance Minister Enoch Godongwana has announced that the planned 0.5% VAT increase will not...

Parliament's authority put to the test in VAT dispute. Image: Daily Maverick.

Court Battle Puts Parliament to the Test Over VAT Hike

Natalie Semono April 23, 2025

(The Post News)– The Democratic Alliance (DA) and the Economic Freedom Fighters (EFF) are challenging the 0.5%...

S.A. Minister of Trade, Industry and Competition, Parks Tau will attend the meeting of Ministers of Trade in Kinshasa on Tuesday. Image: iafrica.com.

16th Council of AfCFTA Convene for High-Level Economic Talks

Nkosinathi Mkhize April 12, 2025

(The Post News)– The 16th Council of Trade Ministers of the African Continental Free Trade Area (AfCFTA)...

Hollywood’s golden age in China might be coming to an end as its National Film Administration (NFA) targets Hollywood films in retaliation for tariffs. Image: Fox News.

China Targets Hollywood as Retaliation to US Imposed Tariffs

Nkosinathi Mkhize April 11, 2025

(The Post News)– China’s National Film Administration (NFA) announced it would “moderately reduce” the number of American...

Trump Adjusts Tariff Strategy Amid Global Reactions

U.S. President Donald Trump holds a signed executive order during an event in the East Room of the White House, Tuesday, April 8, 2025, in Washington. Image: AP.

Trump Adjusts Tariff Strategy Amid Global Reactions

Nkosinathi Mkhize April 10, 2025

(The Post News)– President Donald Trump has ordered a 90-day delay of higher tariffs on imports from...

China has rejected what it calls the “blackmail” of the United States, vowing to “fight to the end” if Washington pushes ahead with steep new tariffs. Image: AP.

China Vows to ‘Fight to the End’ as Trump Threatens 50% Tariffs

Nkosinathi Mkhize April 8, 2025

(The Post News)– As the trade battle between the two biggest economies in the world intensifies, China...

US Congressman and Republican Ronny Jackson has introduced a bill to hold South Africa accountable. Image: AP.

US Proposes Sanctions on SA Officials Over Political Ties

Nkosinathi Mkhize April 5, 2025

(The Post News)– On Thursday, Congressman Ronny Jackson introduced the U.S.-South Africa Bilateral Relations Review Act of...

Finance Minister Enoch Godongwana says VAT increase has been blocked for now in order to give Treasury time to rework the numbers and submit a revised fiscal framework to Parliament, photo: Phando Jikelo/SA Parliament

A 30-Day Deadline Set for GNU Parties to Explore Alternatives to VAT Hike, But VAT Remains an Open Question

Nkosinathi Mkhize April 3, 2025

The national budget was approved by the South African parliament on April 2, 2025, in spite of...

US President Donald Trump holds a reciprocal tariffs poster during a tariff announcement in the Rose Garden of the White House in Washington, DC, US, on Wednesday, 2 April, 2025. Getty Images

Worries Mount as Trump’s 30% Tariff on South Africa Threatens Economic Stability and Global Trade Tensions

Nkosinathi Mkhize April 3, 2025

(The Post News)- On April 2, 2025, U.S. President Donald Trump launched a comprehensive tariff policy intended...

DA reports positive engagement on budget. Image: Natalie Semono.

ANC-DA: Progress in Budget negotiations But No Agreement Met

Natalie Semono April 1, 2025

(The Post News)– A dispute erupted between the African National Congress (ANC) and the Democratic Alliance (DA)...

No Budget Breakthrough for ANC and DA Ahead of Vote

Parliament vote looms, but no budget deal in sight. Image: News24.

No Budget Breakthrough for ANC and DA Ahead of Vote

Natalie Semono March 31, 2025

(The Post News)– With only three days to go before the parliamentary vote, the two main parties...

US President Donald Trump praised India's Prime Minister Modi and expressed confidence in tariff talks between their countries working out. Image: Narendra Modi shared via X @narendramodi.

Trump Optimistic About Positive Outcome in U.S.-India Tariff Talks

Nkosinathi Mkhize March 29, 2025

(The Post News)– President Donald Trump expressed optimism over the ongoing trade discussions between the United States...

Economy

Musk Slams Trump’s Tax & Spending Bill as a ‘Disgusting’ Disgrace

Trump-Era: Tariff Policy Gets Legal Reprieve Amid Court Battle

ASEAN, China, GCC Build Economic Ties Despite High US Tariffs

EFF to Oppose Budget Measures That May Unfairly Hurt the Poor

UN Doc Exposes US Efforts to Weaken Global Growth Financially

Hollywood Trade War:Trump Imposes 100% on Foreign Films

Rwanda and DRC Sign a Pact to Replace Conflict with Cooperation

VAT Hike Dropped, But the Bigger Fight is Still Being Avoided

Proposed VAT Hike Reversed and Remains at 15%

Court Battle Puts Parliament to the Test Over VAT Hike

16th Council of AfCFTA Convene for High-Level Economic Talks

China Targets Hollywood as Retaliation to US Imposed Tariffs

Trump Adjusts Tariff Strategy Amid Global Reactions

China Vows to ‘Fight to the End’ as Trump Threatens 50% Tariffs

US Proposes Sanctions on SA Officials Over Political Ties

A 30-Day Deadline Set for GNU Parties to Explore Alternatives to VAT Hike, But VAT Remains an Open Question

Worries Mount as Trump’s 30% Tariff on South Africa Threatens Economic Stability and Global Trade Tensions

ANC-DA: Progress in Budget negotiations But No Agreement Met

No Budget Breakthrough for ANC and DA Ahead of Vote

Trump Optimistic About Positive Outcome in U.S.-India Tariff Talks

News Update

Bushbuckridge Protest Highlights Poor Service Delivery

Israel Expels South African Representative in Tit-for-Tat Move

Ramaphosa Receives FIFA World Cup Trophy to Kickstart 3-Day Tour

Judge Aubrey Ledwaba Under Fire Amid Bribery Allegations