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Police colonel and doctor testify in trial-within-a-trial on torture claims against Jacquen Appollis and Steveno van Rhyn. No injuries indicating torture found during medical examinations. Trial ongoing in Western Cape High Court. Day 23 of proceedings.
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The South African Gunowners’ Association criticizes proposed amendments to the Private Security Industry Regulations, warning they could devastate the industry. SAGA trustee Gideon Joubert highlights concerns over broad provisions that could prevent security firms from issuing firearms based on mere allegations, potentially leading to business closures and contract terminations.
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Saudi Arabia plans a $100 billion AI project to establish a tech hub to compete with the UAE. Bloomberg’s Christine Burke reports.
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Rand strengthens slightly after morning slump on JSE. Sasol and Implats among top losers. JSE closes down 3.3% due to Trump’s tariff announcement. All-Share Index drops over 4.5% but recovers slightly. Trump plans minimum 10% tariff on US imports, higher duties on key trading partners.
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US President Trump announced reciprocal tariffs, ranging from 10% to 54%, causing market turmoil. South Africa hit with 30% tariff. Impact on trade flows and economy significant. Trade expert says Agoa benefits negated.
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Orlando Pirates coach Jose Riveiro to step down at end of season. Decision not to renew contract announced for smooth transition. Team excels under Riveiro, second in Betway Premiership, in CAF Champions League quarterfinals and Nedbank Cup semifinals.
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SARS plans to revoke concessions for traders outside regulations, affecting Chinese retailers Shein and Temu. Concessions, including a simplified customs process with a 20% flat duty rate, granted under the Customs and Excise Act, are deemed outdated. SARS aims to ensure compliance by withdrawing these concessions, impacting how goods are imported into South Africa.
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Lesotho faces 50% import tax on textiles and diamonds in Trump’s tariff list. The US aims to reduce trade deficit with Lesotho and other countries with reciprocal tariffs. Lesotho plans to send delegation to Washington to challenge the new trade measure to prevent job losses.
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South Africa faces a 30% tariff on exports to the US by President Trump, part of a broader trade decision. Concerns arise over the impact on the economy and future trade relations. Some countries face a 10% base tariff, while those with trade deficits will pay higher. Trump’s move, though expected, may have significant consequences for South Africa.
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The DA launched a court application against the parliamentary report on the fiscal framework, aiming to nullify proceedings and halt the scheduled 0.5% VAT hike set for 1 May. The party opposes the Budget adoption, causing a rift in the government of national unity. DA’s Helen Zille expressed determination to succeed in stopping the VAT increase.
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