Business Report

South Africa’s annual consumer price inflation (CPI) increased slightly to four-point-five percent last month, while Finance Minister Enoch Godongwana has announced further fuel levy cuts to ease pressure on South African motorists and businesses. Economist Professor Waldo Krugell talks about China’s economy that grew and what the growth stands on. In international business news, SpaceX and artificial intelligence company Anthropic have announced major financial pledges amid growing scrutiny of AI’s impact on society, jobs and humanity. We conclude the programme with a discussion about the impact the strained relationship between the USA and SA have on the economy. We are joined by the Political and Economic analyst, JP Landman.