insert_link Business / Economics In S.A, Financial Stability Review Highlights Growing Strain on Households S.A's Reserve Bank's latest Financial Stability Review reveals growing financial stress among households and small-to-medium enterprises. High interest rates, ageing global conflicts, infrastructure failures, and South Africa's graylist status contribute to the strain. Reserve Bank’s head of financial stability department Nicola Brink, says non-performing loans surged from 257-billion-rand in March 2023 to 304-billion-rand in July 2024: todayDecember 2, 2024 18
insert_link Opinion Pieces Russia-Africa Partnership Under Scrutiny: Draft Joint Statement Of On-going Forum Sparks Concerns Over Neocolonialism and Deceit By Khwima Nkhonjera The first Ministerial Conference of the Russia-Africa Partnership Forum has kicked off in Sochi, Russia, amid headlines about the gathering not just being about strengthening bilateral ties. A joint statement drafted for the summit has raised eyebrows, with claims of cooperation which pro-democracy supporters argue are “misleading” or “downright false.” This two-day gathering, organised by Roscongress Foundation, seeks to implement decisions made at the 2023 summit […] todayNovember 12, 2024 34
insert_link World Civilian deaths in conflicts up by 72%, says United Nations The United Nations reported that global conflicts in 2023 have resulted in three times more child deaths and twice as many women deaths compared to the previous year, with civilian deaths in armed conflicts rising by 72%. UN rights chief Volker Turk informed the UN Human Rights Council in Geneva that warring parties are increasingly exceeding acceptable and legal boundaries, pointing to the crisis in the Middle East. todayJune 19, 2024 44