BN Briefing: US-SA trade tensions, GNU expansion warning, Cyril vs. Gayton, Evergrande's collapse
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In today's BizNews Briefing: The DTIC outlines US-SA trade relations amid looming tariffs, DA leader John Steenhuisen warns against expanding the GNU, and Cape Town’s mayor prioritises job creation and basic services. Sports Minister Gayton Mackenzie faces backlash over resurfaced racial slur tweets, while JP Morgan predicts a possible Fed rate cut in September. Elon Musk threatens legal action against Apple over OpenAI preference, and China’s Evergrande prepares to delist in a dramatic property market collapse.
