President Donald Trump’s deals with pharmaceutical companies are likely to have only a limited impact on Americans’ drug spending, experts say. Since Sept. 30, the Trump administration has struck deals with 14 drugmakers in exchange for tariff relief, according to the White House. The agreements — which haven’t gone into effect yet — adopt a…
Trade minister Parks Tau. Leah Millis/Reuters South Africa has softened its competition regulations to allow firms battling high power costs to jointly build energy infrastructure and collectively negotiate supply contracts. Trade minister Parks Tau said in a government notice on Wednesday that the new measures were meant to assist distressed industries. Electricity costs in South…
State-owned enterprise Transnet again loses court battle. (Photograph: Transnet website.) Loss-making Transnet has again failed to avoid extra costs, with a judge ruling it cannot return to court to force Gijima to hand over management of its core enterprise IT systems under a R1.5 billion deal. In the latest of several court cases, the state-owned…
Rachel Reeves, U.K. chancellor of the exchequer, delivers a speech in London, UK, on Tuesday, Nov. 4, 2025. Bloomberg | Bloomberg | Getty Images British government bond yields rose sharply on Friday following reports Finance Minister Rachel Reeves is no longer planning to raise income tax rates in the Autumn Budget later this month. The yield…
If you could, would you pay to live forever? Some Silicon Valley billionaires aren’t just making tech products – they’ve set their sights on immortality. Social media is flooded with influencers promoting peptides, “functional” mushroom powders and other (often non-evidence-based) hacks said to maximise your lifespan. Some even claim to reverse your “biological age“. The…
One of the commitments the South African presidency of the G20 made in its policy priorities document at the beginning of 2025 was to push for fairer, more transparent sovereign credit ratings. And to address the high cost of capital caused by an illusive perception of high risk in developing economies. South Africa proposed to…
Borrowing costs for governments and businesses in Nigeria, South Africa and Kenya have risen in the last five years due to policy weaknesses, unfavourable market conditions and inflation, according to a study by Moody’s Ratings published yesterday. Although economies in the region face ever-rising funding needs to keep development and growth on track, they have…
iStore, South Africa’s only Apple Premium Partner, has announced that the new iPhone 17 lineup is now available for pre-order online. The devices will officially launch in-store on September 19, 2025. Read: The Apple iPhone 17 Pro is “the most Pro” ever Customers can pre-order the new phones for cash starting at R20,799, or on…
KTDA chairman Chege Kirundi (left) with CS Agriculture Mutahi Kagwe (Centre) and KTDA CEO Wilson Muthaura (right). PHOTO/UGC. The battle for the soul of the Kenya Tea Development Agency (KTDA) is not merely a turf war between a new board and a bitter old guard; it is a litmus test for Kenya’s commitment to public…
The consumer price of wireless internet shows a 1% increase over a three-year period. South Africans are paying only slightly more for wireless internet services today than they did in 2022, with the Competition Commission’s first Cost of Living Report showing a modest 1% increase in wireless internet usage costs between 2022 and 2025. The…
