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    Omanyano ovanhu koikundaneki yomalungula kashili paveta, Commisiner Sakaria takunghilile Veronika Haulenga

South Africa

1572 Results / Page 173 of 175

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Business / Economics

South Africa’s consumer inflation increases to 5.9-percent in October

South Africa’s annual consumer inflation increased for a third consecutive month in October, bordering on the upper limit of the South African Reserve Bank’s inflation target range. The headline rate was 5.9 percent, up from 5.4 percent in September. The consensus among economists before the inflation number was that the Reserve Bank will keep rates on hold when it announces its decision tomorrow.

todayNovember 22, 2023 6

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Business / Economics

South Africa’s two-pot retirement system faces early implementation amid industry concerns

South Africa’s Parliamentary Standing Committee on Finance has recommended that the so-called two-pot retirement system should be implemented on 1 March 2024, instead of March 2025. According to MoneyWeb, SA’s retirement industry has been caught off guard by the decision with financial service providers expressing concern about system readiness, and arguing that both the South African Revenue Service and the retirement industry need until 2025 to adapt to proposed changes […]

todayNovember 22, 2023 7

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South Africa

DA in South Africa has accused SA president and Public Enterprises minister of failed leadership

The DA in South Africa has accused president Cyril Ramaphosa and Public Enterprises minister Pravin Gordhan of failed leadership concerning the challenges faced by Transnet Port Terminals. DA national spokesperson for Public Enterprises, Mimmy Gondwe, says both leaders have neglected their constitutional obligations to safeguard the economy during the worst crisis in decades for trade and export ports. Gondwe calls for Ramaphosa and Gordhan to take the lead in engaging […]

todayNovember 22, 2023 7

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South Africa

Middelburg Magistrates Court in South Africa has struck off the roll the case against former Eskom CEO

The Middelburg Magistrates Court in South Africa has struck off the roll the case against former Eskom CEO Matshela Koko. Koko and his co-accused, including his wife and two stepdaughters, faced charges of fraud, corruption, and money laundering linked to contracts worth millions of rands for work at the Kusile Power Station. These contracts were allegedly awarded to companies associated with Koko’s friends and family. Outside the court, Koko asserted […]

todayNovember 22, 2023 1

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South Africa

International law expert says there are notable tense dynamics between South Africa and Israel

International law expert Patrick Kadima says there are notable tense dynamics between South Africa and Israel. This tension escalated as Israel recalled its ambassador for consultation, coinciding with South Africa’s parliamentary vote on closing the Israeli embassy. In addition, South Africa is chairing the BRICS’s extraordinary joint meeting on Gaza, where members are expected to adopt a joint statement addressing the current situation. Kadima suggested to eNCA that the urgent […]

todayNovember 22, 2023 3

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Africa

Namibia, Botswana and South Africa sign Trans Kalahari Corridor MoU

Namibia, Botswana, and South Africa have signed a Memorandum of Understanding on the 'Development and Management of the Trans Kalahari Corridor'. The MoU aims to improve trade relations and facilitate the movement of goods and people along the corridor and the broader region. To implement this, law enforcement agents from the member states are establishing checkpoints along the Trans Kalahari Corridor for trade facilitation. The Ministry of Works and Transport’s […]

todayNovember 21, 2023 71 2

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South Africa

BRICS meeting addresses Israel-Hamas war

The BRICS group of nations has called an extraordinary meeting to discuss the Israel-Hamas war. Chair South Africa says the focus will be on the situation in Gaza. Presidents Vladimir Putin and Xi Jinping are expected to attend the virtual meeting but India's Prime Minister Narendra Modi could skip it. Ishan Garg has more from New Delhi.

todayNovember 21, 2023 27

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South Africa

South Africa wants ICC to issue arrest warrant for Netanyahu

The South African government has called on the International Crime Court to issue an arrest warrant for Prime Minister Benjamin Netanyahu by mid-December. The BBC reports that South Africa, along with Bangladesh, Bolivia, Comoros, and Djibouti, submitted a referral to the ICC to investigate whether war crimes and crimes against humanity have been committed in Gaza. South Africa has long been a vocal supporter of the Palestinian cause. The country […]

todayNovember 21, 2023 8

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