AfriForum demands withdrawal of ‘unlawful’ municipal solar tariff

AfriForum demands withdrawal of ‘unlawful’ municipal solar tariff

Civil rights organisation AfriForum has formally demanded that the Thaba Chweu Local Municipality and the National Energy Regulator of South Africa (NERSA) immediately rectify a controversial solar panel levy imposed on local households. In a formal legal letter issued to the municipality, the organization raised serious concerns regarding new charges appearing on residents’ monthly municipal…

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At Walmart, billions in tariff refunds soften the blow from slower sales growth

At Walmart, billions in tariff refunds soften the blow from slower sales growth

Walmart says it has received nearly $3 billion in tariff refunds — and used some of that windfall to cut prices for consumers strained by inflation. The refunds helped boost Walmart’s profit, according to the company’s quarterly earnings report Thursday. “Customers tell us they’re still feeling some pressure,” Walmart CEO John Furner said. “Having the…

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Asia markets trade mixed after Trump revives tariff threat and AI fears hit tech

Asia markets trade mixed after Trump revives tariff threat and AI fears hit tech

A Cruise Ship next to Hong Kong Skyline on March 21, 2023 in Hong Kong, China. (Photo by Vernon Yuen/NurPhoto via Getty Images) Nurphoto | Nurphoto | Getty Images Asia-Pacific markets traded mixed Tuesday as investors weighed renewed tariff threats from U.S. President Donald Trump and concerns that artificial intelligence could disrupt software companies. Trump…

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