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Tag: South Africa

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35,000 risk job loss in S’Africa over US citrus tariffs

The 31% tariffs imposed by President Donald Trump on South African citrus imports could have significant negative effects on the country’s citrus farms and employment. The tariff increase, part of a broader 10% baseline duty on all imports, could potentially threaten up to 35,000 jobs in the South African citrus industry, according to the farmers’ […]

Ramaphosa pledges to strengthen trade partnership with Nigeria
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S’Africa eases visa rules for Nigerian tourists, business travelers

South African President, Cyril Ramaphosa has announced a significant change in visa requirements for Nigerian tourists. He said that Nigerian travelers can now apply for South African visas without submitting their physical passports. This policy aims to simplify the application process and encourage more tourism and business travel between the two countries. Ramaphosa made this […]

South Africa to alter taxation laws for remote workers
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S’Africa unveils visa reforms to attract skilled workers

The South African Minister of Home Affairs, Leon Schreiber, announced significant changes to South Africa’s visa system on Wednesday. The introduction of a new Remote Work Visitor Visa and a Points-Based System for Work Visas aims to simplify entry processes for foreign workers and investors, according to Bloomberg. These reforms are designed to eliminate bureaucratic […]

US Embassy in Nigeria moves to new visa service provider
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Nigerians to get S’Africa visa in seven days – Consul-General

The Consul-General of South Africa to Nigeria, Prof. Bobby Moroe has announced that instead of the previous six-month processing time, Nigerians who seek to visit the south africa will now receive their visas in seven days. This was disclosed by the envoy to pressmen at the July Breakfast Meeting sponsored by South Africa Airways with […]

Ramaphosa pledges to strengthen trade partnership with Nigeria
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Ramaphosa pledges to strengthen trade partnership with Nigeria

South African President Cyril Ramaphosa has reaffirmed his commitment to maintaining a strategic partnership with Nigeria, following the announcement that South Africa has become Nigeria’s top trading partner in Africa for the first quarter of 2024, with trade exceeding N1 trillion, according to the Nigerian Bureau of Statistics. The South African government emphasized the importance […]

South Africa grants license to 75 crypto companies
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South Africa grants license to 75 crypto companies

South African Financial Sector Conduct Authority on Monday expanded its approval, granting an additional 16 licenses, bringing the total number of licensed crypto companies to 75. This decision followed the submission of 374 applications to the FSCA. In March, South Africa’s financial conduct regulator greenlit 59 operating licenses for cryptocurrency businesses without disclosing the recipients’ […]

S’Africa joins Nigeria, to recall toxic cough syrup
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S’Africa joins Nigeria, to recall toxic cough syrup

The South African Health Products Regulatory Authority has issued a recall for specific batches of Johnson & Johnson’s children’s cough syrup due to elevated levels of diethylene glycol, a harmful substance. The affected batches were distributed in South Africa, Eswatini, Rwanda, Kenya, Tanzania, and Nigeria, as stated in a release on Saturday. This recall follows […]

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South Africa’s consumer inflation rises to 5.6%

South Africa’s consumer inflation increased for the second time in a row in February, inching closer to the Central Bank’s upper target. Economists in the country stated this could imply longer waits for rate cuts. According to Reuters, headline consumer inflation rose to 5.6% year on year from 5.3% in January, Statistics South Africa data […]

Nigeria begins export to South Africa, others April - AfCTA
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Nigeria begins export to South Africa, others April – AfCTA

Melvin Onwubuke Nigeria is to begin the formal export of locally produced commodities to South Africa, Rwanda, Cameroon, and Kenya from next month under the Guided Trade Initiative of the African Continental Free Trade Area. this was disclosed by the Executive Secretary of, the National Action Committee on AfCFTA, Olusegun Awolowo, while Speaking on the […]

S'Africa billionaire Patrice Motsepe's wealth increases by $400m
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S’Africa billionaire Patrice Motsepe’s wealth increases by $400m

The wealth of Africa’s and South Africa’s richest man, Patrice Motsepe, has increased by $400 million. As of December 10, 2023, his net worth was $2.3 billion, according to the latest statistics from Forbes. Nonetheless, the most recent data shows a significant increase, with Motsepe’s net worth hitting $2.7 billion at the end of Friday’s […]

Nigerians, South Africans top Africa's influential people list 2023
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Nigerians, South Africans top Africa’s influential people list 2023

Nigerians and South Africans have dominated the list of the most influential people in Africa in 2023. The annual 100 Most Influential Africans list, released by New African Magazine, showcases exceptional people from a variety of professions, highlighting Africa’s talent and worldwide significance. “The list also reflects the shifting trends and priorities in Africa, as […]