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

Financial Reform

5 Results / Page 1 of 1

Background

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 […]

todayFebruary 25, 2025 30

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.  

todayFebruary 7, 2025 47

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 […]

todayOctober 31, 2024 35

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 […]

todaySeptember 24, 2024 85

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.

todayApril 10, 2024 51