Addressing Brics leaders during a recent online summit, Ramaphosa said the world was experiencing “cosmic shifts” in trade.
Following marginal growth of 0.1% in the first quarter of 2025, GDP strengthened by 0.8%.
The poultry producer will cull more than 2 000 jobs as part of its business rescue process.
The policy follows Ankara’s suspension of £5.5 billion in bilateral trade with Israel last year.
It’s a welcome development for US importers, says Lars Jensen, CEO of container shipping consultancy Vespucci Maritime.
Retail sales surged in July as shoppers stocked up on goods in anticipation of price hikes.
“We continue to engage because there’s always the possibility of a review.” – Presidency.
The sanctions could be imposed under the Global Magnitsky Act for corruption and human rights abuses.
Many South Africans cannot make ends meet and rely on credit for basics like transport.
The primary impact for South Africa would emerge through pricing competitiveness.
