The Los Angeles Post
U.S. World Business Lifestyle
Today: April 12, 2025
Today: April 12, 2025
Nqobile Dludla

Nqobile Dludla

Staff Writer

Latest From Nqobile Dludla

Africa|Business|Economy|Political|US

South Africa considering auto industry incentives as tariff buffer

South Africa is considering offering additional incentives to automakers to help cushion the impact of U.S.

South Africa considering auto industry incentives as tariff buffer
Africa|Business|Political|Technology

South African lawmaker accuses minister of trying to change law for Musk's Starlink

A senior South African lawmaker on Monday accused the communications minister of seeking to erode the country's laws on local ownership to appease foreign

Africa|Business|Economy|Political|US

South Africa not planning to retaliate over Trump's tariffs

South Africa has no immediate plans to retaliate against the United States over tariffs announced by President Donald Trump this week and

South Africa not planning to retaliate over Trump's tariffs
Africa|Business|Economy|Political|US|World

The US-Africa trade programme under threat from Trump tariffs

President Donald Trump has moved to impose sweeping tariffs on most goods imported to the United States, including from African countries

The US-Africa trade programme under threat from Trump tariffs
Africa|Business|Economy|Political|US|World

Steep US tariffs on Africa signal end of trade deal meant to boost development

The U.S. government's imposition of steep tariffs on African nations signals the end of the AGOA trade deal, an initiative

Steep US tariffs on Africa signal end of trade deal meant to boost development
Africa|Business|Economy|Political|World

South Africa plans US meeting on looming auto tariffs

South Africa will seek a meeting with U.S. authorities on auto tariffs, Trade Minister Parks Tau said on Tuesday, noting the levies are a concern as the

South Africa plans US meeting on looming auto tariffs
Africa|Business|Economy|Finance

Standard Bank forecasts double digit profit growth in medium-term

Standard Bank, Africa's biggest lender by assets, on Thursday forecast headline earnings per share (HEPS) growth of 8-12% over the medium term after its

Standard Bank forecasts double digit profit growth in medium-term
Africa|Business|Economy|Finance

South African lender Absa forecasts mid-single digit revenue growth

South African lender Absa forecast mid-single digit revenue growth for 2025 and fewer bad loans following a 10% jump in its annual profit, driven by improved

South African lender Absa forecasts mid-single digit revenue growth
Africa|Business|Economy|Technology

Microsoft to invest $300 million more in South Africa's AI infrastructure

Microsoft will invest an additional 5.4 billion rand ($296.81 million) by the end of 2027 to expand its cloud and artificial intelligence infrastructure in

Microsoft to invest $300 million more in South Africa's AI infrastructure
Africa|Business|Economy|Finance

South African lender FirstRand expects marginally higher second-half profit

South Africa's FirstRand Ltd on Thursday forecast marginally higher second-half earnings than the 10% growth it reported in the first half, but net interest

South African lender FirstRand expects marginally higher second-half profit
Africa|Business|Economy|Food

South Africa's Shoprite expands grocery online delivery to lower-income customers

Shoprite Holdings will expand its on-demand grocery delivery service to its namesake discount stores, stepping up a turf war for South Africa's low-income

South Africa's Shoprite expands grocery online delivery to lower-income customers
Africa|Business|Economy|Food

South Africa's RCL Foods posts profit surge, resumes dividends

South African food producer RCL Foods reported a 38.8% rise in half-year earnings on Monday and declared its first interim dividend in two years, sending its

South Africa's RCL Foods posts profit surge, resumes dividends
Africa|Business|Economy|Political|World

South African leader wants to do a deal with Trump to resolve dispute

South African President Cyril Ramaphosa said on Thursday that he wanted to "do a deal" with U.S.

South African leader wants to do a deal with Trump to resolve dispute
Africa|Business|Europe|Finance|Technology

Prosus to buy Just Eat to create a European food delivery 'champion'

Dutch technology investor Prosus has agreed to buy Just Eat Takewaway.com for 4.1 billion euros ($4.3 billion) to create a "European tech

Prosus to buy Just Eat to create a European food delivery 'champion'
Africa|Business|Economy

South Africans seek out Black Friday essentials as crunch continues

Johannesburg's Mall of Africa was buzzing on Friday with bargain hunters pushing trolleys laden with groceries such as cooking oil, boxes of milk and multi-

South Africans seek out Black Friday essentials as crunch continues
Africa|Business|Economy|News

South Africa's health insurance law set to face legal challenges

South Africa's main opposition party, joined by some labour and business groups, said on Tuesday it would go to court to fight a bill aimed at providing

Africa|Americas|Health|World

South Africa's president signs major health bill just before election

South Africa's President Cyril Ramaphosa signed into law on Wednesday a bill that aims to provide universal health coverage, hailing it as a

South Africa's president signs major health bill just before election
Africa|Crime|News|World

In rural South Africa, voters weigh frustration and ANC loyalty

In Nelson Mandela's hometown of Qunu there has been no running water since 2016, jobs are scarce and crime is on the rise as

In rural South Africa, voters weigh frustration and ANC loyalty
Africa|News|World

South Africa's Ramaphosa re-elected president. What happens next?

Cyril Ramaphosa was re-elected as South Africa's president on Friday with the support of once rival parties that have agreed to join his African National

South Africa's Ramaphosa re-elected president. What happens next?
Business|Economy|Finance

South African banks' earnings in spotlight ahead of first rate cuts

South African banks report their half-year earnings from Tuesday, with the focus on whether credit impairments have peaked and on the interest rate outlook,

South African banks' earnings in spotlight ahead of first rate cuts
Africa|Economy|Finance|News

South Africa to impose VAT on low-value parcels to help clothing industry compete

Importers of low-value parcels destined for South Africa will soon pay value added tax, the country's tax authority said, as an interim measure to protect a

Business|Economy|Technology|US

Amazon is in South Africa for the long run, says marketplace head

U.S. e-commerce giant Amazon.com is in South Africa for the long run, its regional marketplace head said on Thursday, after its first foray into Sub-Saharan

Africa|Business|Economy|Technology

South Africa's Takealot bets on townships to fend off global rivals

South Africa's biggest e-commerce retailer, Takealot, has hired thousands of personal shoppers to help it penetrate townships and rural areas and fend off

South Africa's Takealot bets on townships to fend off global rivals
Africa|Business|Economy|Technology

Amazon opens Cape Town walk-in centre as strives for market-share

U.S. e-commerce giant Amazon.com opened on Thursday a walk-in centre in South Africa that it says will help its independent sellers attract more customers and

Amazon opens Cape Town walk-in centre as strives for market-share

Follow