“8 Million Kg of Kenyan Tea Stranded as Shipping Disruptions Persist”

The aromatic leaves that fill millions of South African teacups each morning are trapped. Eight million kilograms of premium Kenyan tea—enough to brew over two billion cups—is currently languishing in port warehouses across East Africa, unable to reach international markets. The culprit: escalating shipping disruptions tied directly to the ongoing war involving Iran, according to…

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Finance Minister Enoch Godongwana Sets Up Cabinet Committee to Tackle Soaring Fuel Prices Caused by US-Iran War – DA Demands 50% Levy Cut

Finance Minister Enoch Godongwana has confirmed that a special Cabinet-level committee has been established to confront the growing fuel price crisis gripping South Africa, as the ripple effects of the ongoing war between the United States and Iran threaten to push petrol and diesel prices to record highs. The announcement, made during a heated session…

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SARB Interest Rate Decision Today: No Cut Expected as Oil Surges Above $100 and Rand Weakens Toward R17

 The South African Reserve Bank (SARB) is widely expected to keep interest rates on hold when Governor Lesetja Kganyago delivers the Monetary Policy Committee’s (MPC) first decision of the second quarter on Thursday afternoon, dashing earlier hopes of a much-anticipated cut that many households and businesses had been banking on. Just weeks ago, financial markets…

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ZIMBABWE DM PROVIDES UPDATE ON TOBACCO

In a landmark move aimed at reshaping the landscape of one of Zimbabwe’s most vital economic sectors, the government has officially launched the Ethical Sales Floor in Harare—a state-of-the-art tobacco auction facility designed to inject transparency, competition, and fairness into the marketing of the country’s golden leaf. The 9,000-square-meter facility represents a bold step toward…

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SADC Targets Seamless Trade by Tackling Technical Barriers and Diverging Standards

 In a concerted push to transform the Southern African Development Community (SADC) into a truly integrated economic bloc, Deputy Minister of Trade, Industry and Competition Alexandra Abrahams has officially opened the 41st annual meeting of the SADC Technical Barriers to Trade (TBT) Structures, delivering a stark message to member states: the time for rhetoric is…

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