Business News Review

Business Events – Highlights This week saw the SARB holding the interest rate at 7%, citing the need to assess the impact of earlier cuts. This means we can expect stability in borrowing costs, however if planning to finance, this should be done carefully without assuming further rate cuts. SMMEs in the export-oriented businesses are likely to benefit if US tariffs are eased. We saw the Minister of Trade and Industry and Competition, Mr. Parks Tau meet with the US Trade rep. Mr. Jamieson Greer to try resolve the steep tariffs imposed by the US. If these talks are successful, SMMES can look forward to better margins and increased access to markets. The oil industry welcomes South African government grant of long -term lease oil majors and traders at the Island View precinct in Durban. This move brings the much-needed certainty in the energy and logistics sector as there will now be more clarity over input costs and supply chain. ZAR remained steady amid mixed signals at 17,3350 to the dollar; as markets are digesting inflation slowing, unchanged repo rate and the US tariff conversation with South Africa. For SMMEs in the import and export market, this stability may offer a window to plan with more certainty, hedging may be more prudent. CCBSA proposed 600+ job cuts, citing changes in the industry and cost pressures indicates there is pressure in large corporates. If successful in their proposal, it means entrance into SMME by individuals with capital, which will increase number of players. Looking ahead…It’s the Weekend baby! Running a business often means long hours, tight deadlines, and constant decision-making — but sustainable success requires balance. As we close off the week, it’s just as important for entrepreneurs to recharge as it is to review business opportunities. Taking time out doesn’t mean losing momentum; it means returning sharper, more creative, and ready to execute with clarity. Below are a few practical ways to relax productively this weekend while keeping your entrepreneurial edge intact. “A strong weekend doesn’t just rest the body—it primes the mindset. What you review today becomes tomorrow’s opportunity.” – Ketlisitse – Khanya Mabelane, Business Development Director –