Share

Top 5 on Fin24: Media24 and HuffPost to end SA partnership, Davies calls for Trump tariff exemptions

Cape Town - A roundup of Monday's top economic and finance reads on Fin24.

Davies calls for Trump tariff exemptions, warns against car levies

Minister of Trade and Industry Rob Davies has again argued for an exemption for tariffs on exports of steel and aluminium into the US, saying SA metal exports add value to US manufacturing.

US President Donald Trump announced the decision to levy a 10% tariff on the imports of aluminium products, and a 25% tariff for steel, in early March.

Fuel prices set to again increase in August - AA

South Africans can expect another increase in the price of petrol, diesel and illuminating paraffin in August, the Automobile Association warned on Monday.

The association said that current data from the Central Energy Fund suggests a price rise of 19 cents a litre for petrol, 13 cents for diesel, and 22 cents for illuminating paraffin.

Russia targeted by almost 25 million cyber-attacks during World Cup - Putin

Russia hacking

Russia was the target of almost 25 million cyber-attacks during the World Cup, President Vladimir Putin said, though he did not indicate who may have been behind the attacks.

The president, whose comments were reported by the Kremlin on Monday, gave no information on the nature or possible origins of the cyber-attacks.

New facility aims to boost trade for SA firms in Africa

South Africa has launched a $1bn (R13.24bn) trade facility to help local businesses that want to find new markets in the rest of the continent. 

Deputy Minister of Trade and Industry Bulelani Magwanishe told Fin24 that the fund would help plans to boost intra-trade in the continent, currently at a paltry 18%.

Media24 and HuffPost to end SA partnership

Media24 and HuffPost announced on Monday that they are mutually ending their partnership in South Africa.

The companies launched HuffPost South Africa as a partnership in November 2016, with Media24 operating the newsroom and driving the commercial aspect of the partnership.

* Sign up to Fin24's top news in your inbox: SUBSCRIBE TO FIN24 NEWSLETTER
We live in a world where facts and fiction get blurred
Who we choose to trust can have a profound impact on our lives. Join thousands of devoted South Africans who look to News24 to bring them news they can trust every day. As we celebrate 25 years, become a News24 subscriber as we strive to keep you informed, inspired and empowered.
Join News24 today
heading
description
username
Show Comments ()
Rand - Dollar
19.29
-0.7%
Rand - Pound
23.87
-1.1%
Rand - Euro
20.58
-1.2%
Rand - Aus dollar
12.38
-1.1%
Rand - Yen
0.12
-1.2%
Platinum
943.50
+0.0%
Palladium
1,034.50
-0.1%
Gold
2,391.84
+0.0%
Silver
28.68
+0.0%
Brent Crude
87.29
+0.2%
Top 40
67,314
+0.2%
All Share
73,364
+0.1%
Resource 10
63,285
-0.0%
Industrial 25
98,701
+0.3%
Financial 15
15,499
+0.1%
All JSE data delayed by at least 15 minutes Iress logo
Company Snapshot
Editorial feedback and complaints

Contact the public editor with feedback for our journalists, complaints, queries or suggestions about articles on News24.

LEARN MORE
Government tenders

Find public sector tender opportunities in South Africa here.

Government tenders
This portal provides access to information on all tenders made by all public sector organisations in all spheres of government.
Browse tenders