News Listing

Regulations

National Treasury and the South African Revenue Service (SARS) published the 2025 draft Taxation Laws Amendment Bill (2025 draft TLAB) and the accompanying Explanatory Memorandum (EM) on 16 August 2025 for public comment. The closing date for the public comments is 12 September 2025.

Policy

Kenya has hired a former Trump administration official to lobby Washington, according to the Daily Nation newspaper.

Energy

Angola’s long-awaited Cabinda oil refinery, the first built since the country gained independence nearly five decades ago, will begin producing fuel before the end of 2025.

30% Tariffs

According to this court, the US Constitution grants Congress the power to “lay and collect Taxes, Duties, Imposts and Excises” and to “regulate Commerce with foreign Nations.” Tariffs are a tax, and the Framers of the Constitution expressly contemplated the exclusive grant of taxing power to the legislative branch. In pursuance of this power, for many years, Congress has carefully constructed ...

The White House

The Iranian regime continues to fuel conflict and instability in the Middle East, disrupting trade flows, developing its nuclear program, and funding terrorist and proxy groups. Today, the United States is taking more aggressive action to stem the flow of revenue that the regime uses to support terrorism abroad, as well as to oppress its own people. The Department of State is imposing sanctions ...

Call for Submission

BUSA call for submissions

30% Tariffs

South Africa will submit a revised trade-framework deal to the US to reduce a 30% tariff imposed by President Donald Trump, according to Trade, Industry and Competition Minister Parks Tau.

The tariff, which came into effect on Aug. 7, threatens about 30,000 jobs in South Africa, particularly in its auto and agriculture industries, the trade department said.

South Africa is seeking alternative ...

30% Tariffs

Following the 30% unilateral tariff imposed by the United States which came into force on 7 August 2025, Government has been implementing a response anchored on five key elements: i) continued engagement with the United States to secure a deal and reduce the tariffs; ii) diversification of exports to alternate markets; (iii) an economic response package to vulnerable companies and workers; iv) ...

Business

Senegal doesn’t have astronauts or a Moon mission – but it now has a seat at the table where the future of space is being shaped. It has joined the Artemis Accords, a US-led agreement laying down the rules for exploring the Moon and beyond – and it’s only the fourth African country to sign.

30% Tariffs

The American Chamber of Commerce in South Africa President Kuseni Dlamini says a lot should be done to reach framework deal with the United States of America.

Dlamini says the US remains a key player in the global economy. Pretoria has been slapped with 30 percent on its products to the US.

This has also affected a number of countries who are seeking to seal trade deal with America.