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President Trump to announce serious tariffs in White House Rose Garden, potentially launching universal 20% tariff on all imports into the US. Aim to generate massive revenues and reshape global trading system. Trump emphasizes reciprocity and hints at varying tariff levels for different countries. Uncertainty remains on final decision.
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Votes counted, fiscal framework passed with 194 in favor (ANC, IFP, PA) and 182 against (DA, EFF, MK). National Coloured Congress MPs absent, FF Plus and ADCP vote against.
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Zimbabwe-born Tapiwa Gandidze, a candidate for the Labour Court judge position in South Africa, faced questions about her citizenship during interviews by the Judicial Service Commission. Chief Justice Mandisa Maya confirmed Gandidze’s South African citizenship acquired in 2016 or 2017. The commission is also seeking to fill vacancies in the Electoral Court.
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Absa Group Ltd plans to open a representative office in Dubai by early 2026, joining competitors like Investec and Standard Bank. The move aims to support African clients expanding into Gulf nations and assist Middle East-based businesses entering African markets. The decision aligns with Absa’s international strategy to enhance global presence and connect clients with opportunities in key markets.
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Uncertainty over South Africa’s budget vote led to a rand and bond slump. Lawmakers to vote on fiscal framework, with ANC seeking support from smaller parties. DA plans to oppose, risking coalition unity. Market concerns over government stability. Rand fell 1.3%. Treasury reassures government will function. Time for agreement, but market worries persist.
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SpaceX’s Starlink satellites expanding in Africa for improved connectivity. Facing resistance in some markets, South Africa’s MTN willing to collaborate. CEO Ralph Mupita talks about Low Earth Orbit satellites and Elon Musk’s claim of being blocked in South Africa. Interview with Bloomberg’s Jennifer Zabasajja.
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South African limited-overs cricket coach Rob Walter resigns for personal reasons, effective immediately. Walter led the team to historic achievements, including reaching the ICC Men’s T20 World Cup final in 2024 and the ICC Men’s Cricket World Cup semi-finals in 2023. His tenure also included a semi-final appearance in the ICC Champions Trophy.
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Police are ensuring a proper investigation into the rape of a seven-year-old in Matatiele, following nationwide demands for justice. The incident occurred in October 2024 at Bergview College. The mother has raised concerns on social media, prompting Police Minister Senzo Mchunu to promise a thorough investigation. DNA samples have been collected, and suspects, including the school principal, have been identified.
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ANC and IFP in GNU support fiscal framework report with ActionSA’s recommendation, key for 2025 Budget passage. ANC and DA divided, negotiations ongoing. ActionSA may assist ANC if talks fail. Beesley clarifies collaboration not GNU membership. Fiscal framework sets economic policy and spending limits. National Assembly to vote on Wednesday.
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Over 20 vehicles crash on N12 Westbound at Edenvale Road, causing injuries and traffic chaos. Two drivers sustain serious injuries, eight others minor injuries. Cause of crash unclear, investigation ongoing. Highway closed as emergency crews clear wreckage. Traffic disruptions expected to continue, delays likely.
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