South Africa could lose up to 100,000 jobs if it fails to counter new US tariffs set to take effect in August, Reserve Bank Governor Lesetja Kganyago has warned. The hardest-hit sectors will be automotive and agriculture, both critical to the country’s economy and employment.
Kganyago’s remarks follow growing concerns over the US decision to impose 30% tariffs on the country`s imports, which could severely damage trade relations. While President Cyril Ramaphosa has suggested possible negotiations for lower tariffs, no concrete agreements have been reached.
The Reserve Bank’s Monetary Policy Committee (MPC) has been assessing the potential fallout from global trade shifts since early…
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Romance Princess
A new teacher enters a classroom full of students.
The teacher stands at the front of the room and greets the students, \”Good morning, class.\”
None of the students say anything. One boy at the back of the classroom stands up, \”Good morning, teacher.\”
Puzzled, the teacher carries on. The following morning, the same thing happens. Day after day goes by, and it\’s the same routine.
One morning after greeting the class and the same student standing and greeting, the teacher has had enough, \”Why is it, that every time I walk in and greet the entire room, only you stand up and greet me?\”
In the most broken English, the boy replies, \”Because I are the only one here, what\’s name are Klass\”
MrOnsTr
Be careful of the man who stays calm and smiles in a crisis for he has already found someone to put the fault on.