insert_link Business / Economics 25 October 2024 Morning Biz News Update: Key Developments in Global Markets In the latest business news, several significant developments have emerged that could impact global markets and economies. Here’s a summary of key highlights from various sectors: Diamond Production Decline Diamond production has witnessed a notable decline of 14% in the third quarter of 2024, with total output reported at 0.5 million carats. The De Beers Group attributed this decrease to a strategic decision to scale back production at Debmarine Namibia. […] todayOctober 25, 2024 17
insert_link South Africa S.A’s Ramaphosa Calls for UN Security Council Reform at BRICS Summit S.A's President Cyril Ramaphosa has called for stronger global cooperation and reform of the United Nations Security Council at the 16th BRICS summit in Kazan, Russia. During his address, he urged BRICS nations to promote peace and development, while expressing support for Palestinian rights. He stated that the current structure fails to represent the global community's interests and has been ineffective in maintaining international peace and security: todayOctober 24, 2024 27
insert_link World Modi-Xi to hold first bilateral meeting in 5 years India's Prime Minister Narendra Modi and China's President Xi Jinping will hold their first bilateral meeting in five years after the two countries agreed to resolve part of their border dispute. The meeting will take place in Kazan, Russia where the two heads of states are attending the BRICS Summit. Ishan Garg tells us more. todayOctober 23, 2024 21
insert_link South Africa South Africa’s foreign policy under Ramaphosa has seen diplomatic tools being used to provide leadership as global power relations shift By Anthoni van Nieuwkerk, University of South Africa Leadership plays a critical role in diplomacy. What quality of leadership does South Africa need if it’s to secure its international interests? This is a question my colleagues and I have had the opportunity to reflect on in researching and writing about foreign policy since the late 1980s. Presidents Nelson Mandela and Thabo Mbeki displayed assertive African and global south leadership. Their […] todayDecember 12, 2023 7