insert_link South Africa S.A Post Office Bailout Falls Short-Diko S.A Parliament Portfolio Committee for Communications and Digital Technologies chairperson Khusela Diko, says the 150-million-rand fund allocated to the country's Post Office is insufficient in addressing financial and operational challenges. The post office has been in business rescue since July 2023. The entity needs 3.8-billion-rand bailout to avoid liquidation. Diko acknowledges that SAPO remains in crisis with workers situation unsustainable: today1 March, 2025
insert_link Business / Economics In S.A, COPE Urges Godongwana to Prioritize Economic Growth in Budget To South Africa now, where the Congress of the People is calling on Finance minister, Enoch Godongwana, to deliver a budget that prioritises heightened economic growth. COPE’s, Pake Dikgetsi, says they are warning that austerity measures targeting social services, while billions are lost to corruption will push the country further into a crisis Meanwhile, the GOOD Party Secretary-general, Brett Herron, says as things stand, around 18-million South Africans are poor […] today19 February, 2025
insert_link World Norway boosts funding for UN Palestinian refugee agency Norway said Monday that it was increasing its funding to the UN agency for Palestinian refugees (UNRWA) by 100 million kroner ($9.3 million). UNRWA, which coordinates nearly all aid to Gaza, has been in crisis since January, when Israel accused about a dozen of its 13,000 Gaza employees of involvement in the unprecedented October 7 Hamas attack that sparked the war. That prompted several countries, including top […] today17 June, 2024
insert_link Business / Economics Japan and the United Kingdom enter recession Two of the world's leading economies - Japan and the United Kingdom - recently entered into recession, highlighting the financial struggles that countries have been facing after the COVID-19 pandemic. We asked Salomei Hei the Managing Director at High Economic Intelligence for his take on global economic development. today19 February, 2024
