The double tax nobody talks about The core problem is this: South Africa has a domestic carbon tax, and the European Union has its own Carbon Border Adjustment Mechanism (CBAM). South African manufacturers exporting to Europe now have to contend with both. Former Trade Minister Rob Davies has called this
China should make the services sector the next major frontier of its reform and opening-up agenda, according to Yin Yanlin, a former deputy director of the Central Financial and Economic Affairs Commission and current vice chair of the Economic Affairs Committee of the Chinese People’s Political Consultative Conference. In a
The language of Abu Dhabi’s partnership expansion with Chinese institutions, intelligent systems, advanced manufacturing, knowledge transfer, reads on the surface like standard diplomatic communiqué. Strip it back, and what it describes is one of the most consequential technology relationships a water-scarce region has ever needed to build. The Middle East’s
There is a number that captures the scale of Japan’s automotive reckoning with unusual clarity: $28 billion. That is the combined cost, in tariff exposure, EV write-downs and emissions-related restructuring charges absorbed by Japan’s major carmakers across the fiscal year ended March 2026. It is a figure that covers Toyota,
There is a number that captures the scale of Japan’s automotive reckoning with unusual clarity: $28 billion. That is the combined cost, in tariff exposure, EV write-downs and emissions-related restructuring charges absorbed by Japan’s major carmakers across the fiscal year ended March 2026. It is a figure that covers Toyota,
When China National Tire and Rubber Corporation (CNTR) announced a $550 million investment to expand its tyre manufacturing footprint in Alexandria, the headline was notable enough on its own terms: 1.5 million tyres a year, 1,600 new jobs, production starting in 2028. But the more revealing detail is the context
When China National Tire and Rubber Corporation (CNTR) announced a $550 million investment to expand its tyre manufacturing footprint in Alexandria, the headline was notable enough on its own terms: 1.5 million tyres a year, 1,600 new jobs, production starting in 2028. But the more revealing detail is the context
Now, Mineral and Petroleum Resources Minister Gwede Mantashe has made an announcement that the government intends to change this. A draft Strategic Petroleum Stocks Policy, to be submitted to Cabinet, proposes that the South African National Petroleum Company maintain reserves equivalent to 60 days of net imports of crude oil
Now, Mineral and Petroleum Resources Minister Gwede Mantashe has made an announcement that the government intends to change this. A draft Strategic Petroleum Stocks Policy, to be submitted to Cabinet, proposes that the South African National Petroleum Company maintain reserves equivalent to 60 days of net imports of crude oil
Crises have a way of clarifying what matters. The Hormuz disruption, now well into its fourth month, with global oil markets experiencing what analysts at Wood Mackenzie have described as the largest supply shock in decades, has focused the world’s attention almost entirely on what is blocked: tankers, liquefied natural