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The latest economic and business news on Moneyweb.

US crackdown on heap Chinese goods adds to Temu and Shein woes

16 Sep 2024 /  Bloomberg News
Analysts expect Shein and Temu to take the brunt of the crackdown, depending on the extent and size of tariffs set.

Musk’s Starlink in talks with South Africa to start service

16 Sep 2024 /  Loni Prinsloo, Antony Sguazzin and S'thembile Cele, Bloomberg
Musk and Ramaphosa held talks over potential investments, the president told reporters on Friday. 

SA’s work visa reform plans slowed by tax issues

16 Sep 2024 /  Bloomberg News
There is just a tax-related matter that needs to be addressed in the regulations: Home Affairs Minister.

Muriel Dube appointed new Sasol chair

16 Sep 2024 /  Moneyweb
Dube has extensive experience in sustainability, and has held various commercial, finance and leadership positions.

Oil steadies as falling Libyan exports offset weak Chinese data

16 Sep 2024 /  Yongchang Chin, Bloomberg
Brent for November settlement was little changed at $71.64 a barrel at 12:01 p.m. in Singapore.

World braces for Fed easing amid 36-hour rate rollercoaster

16 Sep 2024 /  Craig Stirling, Bloomberg
South African policymakers are anticipated to cut borrowing costs for the first time since 2020, while counterparts in Norway and Turkey may keep them unchanged. 
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Difficult days loom as the GNU honeymoon approaches an inevitable end …

16 Sep 2024 /  Khaya Sithole
Parties traditionally defined by deeply divergent views on critical national matters have had to figure out how they can actually work together.
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Withdrawing from that one pot will cost you dearly …

16 Sep 2024 /  Adriaan Kruger
You will pay tax and lose the compound returns on the money you take now, with the result that your retirement fund will be as much as 10 times lower than the withdrawal.

Takis Biltong attaches rival’s trademarks over unpaid legal bills

16 Sep 2024 /  Ciaran Ryan
After winning a nine-year battle to protect its trademarks in SA from infringement by Mexican-registered Grupo Bimbo.
UPDATE
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96-month vehicle finance … welcome to repayment hell

16 Sep 2024 /  Moneyweb
We’re now in the era of 30-year home loans and four-year smartphone contracts.
1

SA agriculture needs to crack the Chinese market

16 Sep 2024 /  Wandile Sihlobo
Here's how the sector can boost exports.
3

Truworths boss gets paid R200m in 10 years as share languishes

16 Sep 2024 /  Moneyweb
Michael Mark has been incredibly well remunerated …
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Pravin Gordhan hailed as a ‘bulwark against State Capture’

15 Sep 2024 /  Liesl Peyper
'One of the finest civil servants' - Nelson Mandela Foundation.

World’s top oil traders see boom years fade

15 Sep 2024 /  Archie Hunter, Devika Krishna Kumar and Serene Cheong, Bloomberg
As volatility tanks.

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