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Switzerland

Switzerland is a landlocked country in central Europe, bordered by Germany, France, Italy, Austria and Liechtenstein. The capital is Bern, though Zurich is the largest city and financial centre. With a population of about 8.7-million, Switzerland operates as a federal republic comprising 26 cantons, each with considerable autonomy. The country maintains a policy of armed neutrality and is not a member of the European Union, though it participates in the Schengen Area and has extensive bilateral agreements with the bloc. Switzerland's economy is one of the world's most advanced and stable, characterised by a highly skilled workforce, low unemployment and a strong services sector. Key industries include banking and finance, pharmaceuticals, precision manufacturing, watchmaking and tourism. The Swiss franc (CHF) is the national currency and is regarded as a safe-haven asset in global markets. Switzerland is home to numerous international organisations, including the World Trade Organization, the World Health Organization and the International Committee of the Red Cross, all headquartered in Geneva. The country ranks consistently high in global indices for quality of life, innovation and competitiveness. Switzerland has four official languages—German, French, Italian and Romansh—reflecting its diverse cultural regions. Its tradition of political stability, direct democracy through referendums and strict banking secrecy laws (though recently relaxed under international pressure) have long shaped its global reputation.

Switzerland Updates

DA and Solidariteit's choreographed resistance to redress

DA and Solidariteit's choreographed resistance to redress

18th May 2026 The DA-led City of Cape Town and Western Cape Provincial Government are challenging the validity of the Public Procurement Act in the... 

MV Hondius

New hantavirus case suspected on remote island as contact tracing continues

By: Reuters     8th May 2026 A new suspected case of hantavirus has been identified in a British man who was a passenger on the virus-hit luxury cruise ship MV Hondius and is... 

Zimbabwean President Emmerson Mnangagwa

Zimbabwe returning 67 European-owned farms covered by investment treaties

By: Reuters     7th May 2026 Zimbabwe will return 67 farms seized from foreigners from four European countries covered by bilateral investment pacts, the country's agriculture... 

More Topic
MV Hondius

Countries scramble to track passengers of virus-hit cruise ship

By: Reuters     7th May 2026 Countries worldwide on Thursday scrambled to prevent further spread of the hantavirus, after an outbreak on a cruise ship, by tracking those who... 

MV Hondius

Hantavirus-hit cruise ship heads to Spain after three people evacuated

By: Reuters     7th May 2026 A luxury cruise ship hit by a deadly hantavirus outbreak and marooned since Sunday off the coast of Cape Verde left for Spain on Wednesday, a... 

WTO director-general Ngozi Okonjo-Iweala

WTO chief calls for trade overhaul to meet new world order

By: Reuters     26th March 2026 The World Trade Organization chief called on countries on Thursday to overhaul global trade rules, telling them the old world order had gone for... 

WTO

Trade ministers meet in Cameroon for critical WTO reform talks amid deep divisions

By: Reuters     26th March 2026 Trade ministers will meet in Cameroon on Thursday for crucial discussions on reforming the World Trade Organization, as some diplomats and trade... 

Gold from South Africa's Rand Refinery.

Gold’s Middle East disruption confined to region, World Gold Council strategists note 

By: Martin Creamer     16th March 2026 Gold trade disruption caused by the war in the Middle East should not be compared with that of the global impact experienced during the Covid... 

Platinum bar can go far.

Platinum’s innovative new scent detection role highlighted by World Platinum

By: Martin Creamer     17th February 2026 An ‘artificial nose’ that can detect scent is closer to becoming a reality. This follows the development of a platinum-based molecule that works as... 

An image of South African President Cyril Ramaphosa

Ramaphosa calls for increased investment to maintain economic recovery  

By: Tasneem Bulbulia     26th January 2026 South Africa must build on the momentum of its economic recovery, and expanding investment is the key to a sustained shift in the country’s... 

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