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Lula plans to meet with Putin at Brics Summit in October
23rd February 2024 Brazilian President Luiz Inacio Lula da Silva will meet with his Russian counterpart, Vladimir Putin, in October when the two leaders attend the... →
Eskom eschews $2.5bn of cheap loans as climate pact flounders
23rd February 2024 South Africa’s State power utility has failed to tap $2.5-billion of cheap loans to build critical transmission infrastructure that would help end... →
Growth, returns and aid shift investor focus to West of Africa
22nd February 2024 Investors in West African countries are enjoying the best returns on the continent, and are shifting money flows to a region that’s performed well... →
Israeli officials push ahead with Rafah plan without precise strategy
22nd February 2024 Israel is determined to push ahead with a goal to move a million or more civilians from Rafah before an attack on the Hamas-held city in Gaza, even... →
South African military is at war without helicopter-service deal
19th February 2024 South Africa has deployed its troops into two wars without renewing a maintenance contract needed to keep its essential attack and transport... →
Reserves drawdown is wildcard in South Africa’s election budget
19th February 2024 Enoch Godongwana needs to conjure an annual budget that balances spending pressures stemming from this year’s elections with the South African... →
South Africa to host Iranian President Raisi
14th February 2024 Iranian President Ebrahim Raisi will visit South Africa later this month. President Cyril Ramaphosa will host Raisi on a state visit at Pretoria,... →
South Africa’s inaugural Grid Emission Measure highlights coal dependence
14th February 2024 South Africa produced its inaugural official gauge of the carbon intensity of its electricity production, confirming its status as one of the... →
South Africa dismisses US lawmakers’ bid to review relations
12th February 2024 South Africa dismissed a bid by US lawmakers to have legislation passed that calls for a review of bilateral ties between the two nations. Two... →
Africa’s Eurobond comeback ends debt-distress saga
9th February 2024 Sub-Saharan African nations have returned to international capital markets, marking a definitive departure from the debt-stress saga that has... →
Five key things to watch for in South African President’s keynote speech
8th February 2024 South African President Cyril Ramaphosa will deliver his last state-of-the-nation address before the country holds national elections that are... →
South African poll shows ANC losing majority, gains for EFF
7th February 2024 South Africa’s ruling party looks set to lose its outright majority in national elections for the first time since 1994, while support for the... →
Kganyago roots for central bank independence
7th February 2024 South African Reserve Bank Governor Lesetja Kganyago defended the independence of the monetary authority, which has faced repeated calls for its... →
South Africa faces another 5 years of uncertainty
6th February 2024 As any observer of the South African political economy will tell you, Nelson Mandela’s country is long due a lucky break. But it won’t get that... →
South Africa heading for coalition after 2024 election, analysts say
5th February 2024 South Africa’s ruling African National Congress (ANC) risks losing its majority in this year’s elections, but should be able to form a governing... →
Sudan’s Paramilitary General is now being feted as a Statesman
2nd February 2024 Lieutenant General Mohamed Hamdan Dagalo was pitching himself as Sudan’s president-in-waiting on a recent tour of African countries — and in a... →
Mozambique seeks to end 50-year hydropower pact with South Africa
2nd February 2024 Mozambique plans to end half a century of hydropower supply to South Africa’s State-owned electricity utility, raising risks for the continent’s... →
HSBC sees South Africa household spending remaining weak in 2024
1st February 2024 Household consumption in South Africa is expected to pick up slightly in 2024 after likely growing at its weakest pace in three decades last year,... →
Brics gets boost as Saudi Arabia joins group of emerging nations
1st February 2024 South Africa’s foreign minister said Saudi Arabia and four other countries have accepted the invitation to join the Brics club of nations that was... →
Climate change behind Africa cholera surge, top health body says
31st January 2024 The Africa Centres for Disease Control and Prevention, the continent’s chief health advisory body, has tied the worst outbreak of cholera in three... →
Ramaphosa warns ANC of foreign meddling in vote
31st January 2024 President Cyril Ramaphosa said the nation’s case against Israel in a top United Nations court could result in foreign powers interfering with the... →
Investec predicts South Africa M&A revival citing ‘renewed optimism’
31st January 2024 Mergers and acquisitions in South Africa are set to rebound this year as the $405-billion economy starts to show signs of recovery, according to... →
IMF cuts South Africa's 2024 growth forecast
30th January 2024 The International Monetary Fund downgraded its economic-growth forecasts for South Africa, warning that logistical challenges are constraining... →
Naira plunges 31%, brings currency closer to Nigeria street rate
30th January 2024 Nigeria’s naira plunged to a record against the dollar following a revision of the methodology used to set the exchange rate, in effect the second... →
ANC weighs parting ways with Zuma
26th January 2024 The top leadership of South Africa’s ruling party will consider whether it should part ways with its former leader Jacob Zuma at a three-day... →
ANC lags main rival in donation drive as South Africa vote looms
25th January 2024 The Democratic Alliance, South Africa’s main opposition party, secured more large donations than the ruling African National Congress and its other... →
South Africa won’t see radical policy shifts after election, top pollster says
23rd January 2024 This year’s elections in South Africa may be slated to be the most competitive since the end of apartheid but are unlikely to bring major change to... →
Gold riches fuel Sudan militia’s war to rule nation, UN says
22nd January 2024 Sudan’s paramilitary Rapid Support Forces (RSF) group is using large-scale proceeds from gold mining to fund its devastating war against the... →
Coal at risk of being stranded in South Africa as rail founders
19th January 2024 Coal in South Africa, which has the largest proven reserves of the fuel on the continent, is at risk of becoming stranded following a plunge in... →
Key African economies to hold off from rate cuts until second half of 2024
19th January 2024 African central banks due to decide on interest rates in the next three weeks are poised to maintain tight monetary policies, in contrast to their... →
Africa’s year of elections faces a pernicious enemy
16th January 2024 As far as elections go, 2024 will be the biggest global election year in history. More than 60 countries are slated to stage executive and... →
Godongwana says no imminent plan to tap reserves
16th January 2024 Finance Minister Enoch Godongwana played down the likelihood of a decision soon to tap a R497-billion contingency fund held on behalf of the... →
Godongwana warns of difficult budget next month
15th January 2024 South Africa’s finance minister warned that next month’s budget will be a “difficult one” as the nation’s ability to service its growing debt... →
US agrees preliminary deal with Africa on extending Agoa by ten years, says Patel
12th January 2024 The US has reached preliminary agreement with African nations to extend their preferential trade access by another decade, pending approval by... →
South Africa prepares Bill to form State-firm holding company
10th January 2024 South Africa’s minister of public enterprises will soon introduce a bill in parliament to establish a government firm that will own and manage at... →
African nations dominate top 10 economic growth spots in 2024
9th January 2024 Africa faces economic headwinds this year, but some of the continent’s brightest sparks are shading it in a more hopeful light. Six of the top-10... →
Russia seeks to unite BRICS on climate initiatives after COP28
14th December 2023 As the COP28 talks wrapped up in Dubai, one of the world’s energy heavyweights said it wants to rally a united front among a group of non-Western... →
COP28 ends with deal on transition away from fossil fuels
13th December 2023 The COP28 climate talks in Dubai ended in a deal that saw a commitment to transition away from all fossil fuels for the first time. The president... →
South Africa seeks talks with Botswana over food ban extension
6th December 2023 The South African government has requested an urgent meeting with officials in Botswana after the neighbouring country extended a ban on fresh... →
Eskom, Sasol pollution harms children, government studies find
6th December 2023 Two studies ordered by South Africa’s government into the impact of air pollution on community and child health showed emission limits it imposed... →
Argentina won’t join Brics bloc under Milei, adviser says
1st December 2023 Argentina won’t join the China-led Brics (Brazil, Russia, India, China, and South Africa) bloc during Javier Milei’s presidency, his incoming top... →
