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Economics at timeslive.co.za

Sunday, Apr 27

14

Britons' confidence in economy falls to lowest since at least 1978, Ipsos MORI poll shows

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Seventy-five percent of Britons expect the economy to get worse over the next 12 months, up eight percentage points since March, Ipsos said.

11

WATCH | Acting president Gwede Mantashe delivers Freedom Day keynote address

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Acting president Gwede Mantashe will on Sunday deliver the keynote address at the national Freedom Day commemoration event in Ermelo, Mpumalanga.

Friday, Apr 25

19

Transport dept to spend millions to fix KZN's potholes and get bullet train on track

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Fixing kilometres of potholes, getting a bullet train between Gauteng and Durban on track, fixing flood-damaged infrastructure, helping regional airports to fly and pushing for port efficiency is on the KwaZulu-Natal transport's bucket…

14

Resale values of Chinese cars in South Africa: what you need to know

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The popular view is Chinese cars have high depreciation — but do the numbers back it up?

13

US Congress Republicans seek $27bn for Golden Dome defence system in Trump tax bill

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Republicans in the US Congress plan to introduce a sweeping $150bn (R2.8-trillion) defence package that will give an initial $27bn (R510bn) boost to President Donald Trump's controversial Golden Dome missile defence shield, according to a…

12

POLL | How can government make up revenue shortfall after VAT increase scrapped?

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The decision to scrap the proposed VAT increase has raised concerns about where government will generate revenue to fund essential services.

Carmakers tout cinematic experiences and mini kitchens at Shanghai Auto Show

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Car manufacturers looking to stand out in China's constantly innovating car market unveiled cars at the Shanghai Auto Show this week featuring immersive entertainment, fragrance control, in-car refrigerators and hot pot cooking equipment.

11

Rand stable as investors await budget clarity

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The rand was little changed in early trade on Friday as investors awaited clarity on a disputed national budget which has roiled domestic markets in recent weeks.

09

Hyundai launches tariff task force, shifts some Mexico output to US

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Hyundai said on Thursday it has launched a task force to respond to US tariffs, adding production of some Tucson crossovers has been shifted from Mexico to the US.

Stellantis targets India for EVs developed by its China partner

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Stellantis plans to sell Chinese-branded electric vehicles developed by its partner Leapmotor in India as soon as the end of this year, said the executive leading the joint venture.

Waymo may offer robotaxis for personal ownership in future

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Alphabet's Waymo self-driving taxis may be available for people to own in the future, CEO Sundar Pichai said on Thursday as electric vehicle maker Tesla gears up to roll out robotaxis in the US this year.

China warns G20 global economic growth ‘insufficient’, trade tensions weaken momentum

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China warned a G20 meeting that world economic growth was “insufficient” as tariff and trade wars exacerbated economic and financial instability and sapped growth momentum, its finance ministry and central bank said.

08

Emerging economies face longer time of tighter financing: Lesetja Kganyago

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Emerging economies will have to grapple with tighter global financing conditions for longer while the future of risk-free assets is very much in focus, says the head of the central bank.

US justice dept grant cuts valued at $811m, people and records say

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The US justice department is terminating $811m in grants, including some impacting victim service programmes ranging from trauma centres and sign language interpretation for domestic violence victims to police training, according to…

06

Trump tells Putin to ‘stop’ after Russian attack kills 12 in Kyiv

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Russia pounded Kyiv with missiles and drones, killing at least 12 people, in the biggest attack on the Ukrainian capital this year and drawing a rare rebuke from US President Donald Trump on Thursday, who told Vladimir Putin: “Vladimir,…

Thursday, Apr 24

21

IEJ welcomes government's decision to reverse 'regressive' VAT hike

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The Institute for Economic Justice (IEJ) has welcomed the decision to reverse the VAT hike, which it says is a regressive tax that would have disproportionately harmed the poor, low-income workers and the struggling middle class.

15

Women’s help desk launched to transform gender barriers in transport sector

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Gauteng roads and transport MEC Kedibone Diale-Tlabela launched the public transport women’s help desk on Thursday.

Nissan sees record loss as restructuring bites

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Nissan Motor sees a record net loss of ¥700bn-¥750bn (R91.71bn-R98.25bn) for the financial year that ended in March, it said on Thursday, due to impairment charges as the struggling carmaker restructures.

14

Leapmotor to supply EV platform to Hongqi, also in talks with Ferrari

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Leapmotor has struck a deal with Chinese state-owned automaker FAW to deliver an electric vehicle platform that will be used to drive overseas sales for Hongqi, an emerging national champion, executives from both companies said.

China to lend moon rocks to Nasa-funded US universities

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China's national space agency announced on Thursday it will let scientists from the US and allied countries analyse rocks it retrieved from the moon, Beijing's latest move to increase the international influence of its lunar exploration…

Volvo appoints Fredrik Hansson as new CFO in latest management change

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Sweden-based Volvo Cars has appointed Fredrik Hansson as its new CFO effective immediately.

13

Dinner with Trump: meme coin surges on offer to top buyers

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US President Donald Trump's meme coin surged more than 60% on Wednesday after a post announcing "the most EXCLUSIVE INVITATION in the world" promised the top 220 buyers of $TRUMP a private gala dinner with the president on May 22.

EFF calls for resignation of Godongwana and Treasury DG after VAT hike reversal

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The EFF is calling for the immediate resignation of finance minister Enoch Godongwana and National Treasury director-general Duncan Pieterse after the reversal of the proposed VAT hike.

12

Atlantic Lithium seeks concessions to salvage Ghana project

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Australia-based miner Atlantic Lithium says it has appealed to Ghana's government for fiscal concessions to salvage its Ewoyaa project, as plummeting global prices threaten the viability of what would be the West African nation's first…

REVIEW | Foton Tunland G7 offers big value at a bargain price

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At face value the Tunland G7 offers what seems like exceptional value for money in a competitive leisure double-cab segment.

BYD reboots Europe operations after strategic stumbles, sources say

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China's leading EV maker BYD is overhauling its European operations after strategic missteps including failures to sign up enough dealers and hire executives with local-market knowledge and to offer hybrids in markets resistant to fully…

Former Spar manager and bookkeeper 'defrauded shop of R2.3m'

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Former Spar manager Nicole Bekker and bookkeeper Chantelle Erasmus have appeared in the Gqeberha specialised commercial crimes court on charges of fraud amounting to R2.3m.

11

Toyota's overseas sales reach record high in March amid US tariff rush

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Toyota said on Thursday its overseas sales in March touched a record high for the month, fuelled by a surge in North American purchases before US import tariffs came into effect in early April.

Tesla exec cancels Rome conference trip over security concerns

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A Tesla senior executive has cancelled her attendance at a conference in Rome over fears of protests surrounding the carmaker in response to CEO Elon Musk's right-wing activism.

Even Porsche can't find its lane in China as foreign carmaker sales skid

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Foreign carmakers in China face an increasingly urgent challenge at this year's Shanghai auto show - winning back Chinese buyers while their domestic rivals churn out slick, affordable electric vehicles at a relentless pace.