insert_link South Africa SA to Prioritize Development Financing in G20 Presidency South Africa's National Treasury Director-General, Duncan Pieterse, says South Africa will use its G20 Presidency to address financing for development and tackle barriers to growth in developing countries. The Finance and Central Bank Deputies' meeting is taking place in Cape Town this week. The G20 members represent about 85-percent of the world’s gross domestic product and 75-percent of international trade. Pieterse says South Africa has signalled a strong intent to […] today25 February, 2025
insert_link World Elon Musk blocked from accessing sensitive government data Elon Musk — an unelected advisor to U.S President Donald Trump — has been blocked from accessing sensitive information within the US Treasury Department. A federal judge in Washington DC granted the order after the billionaire businessman's so-called Department of Government Efficiency was tasked with overhauling the government's payment system. From there, Benji Hyer reports. today7 February, 2025
insert_link South Africa S.A’s EFF rejects Medium-Term Budget Policy Statement The Economic Freedom Fightersin South Africa have rejected the Medium-Term Budget Policy Statement, claiming the government favors private sector profits over job creation and economic growth. Finance Minister Enoch Godongwana defended the budget in Parliament, emphasizing a commitment to sustainable public finances. EFF leader Julius Malema criticized the statement for overlooking the rising unemployment crisis. RISE Mzansi leader Songezo Zibi has called for financial reform to address national debt […] today31 October, 2024
insert_link Namibia President Nangolo Mbumba calls for action at Summit of the Future President Nangolo Mbumba, speaking at the Summit of the Future, said it represents a timely and pressing call to choose a path toward peace, prosperity, and sustainable development. In his opening address at the summit, which Namibia is co-facilitating with Germany, President Mbumba urged UN member states to pool their resources and tackle global crises directly. Meanwhile, African countries are struggling with crippling debt burdens, spending more on […] today24 September, 2024
insert_link Africa Zimbabwe’s banks caught off guard by new gold-backed currency The Zimbabwe Gold officially started trading just days after it was announced it would replace the Zimbabwean dollar, which has tumbled in value over the past year, pushing inflation through the roof. But many in the country were not ready for the switch. Eddie Cross an economist from Zimbabwe says even the banks haven’t been fully able to translate their accounting systems. today10 April, 2024
