Tension is rising in South Africa’s Government of National Unity (GNU) as political pressure mounts between coalition partners. On the first anniversary of the ten-party coalition formed on June 30, …
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CYRIL RAMAPHOSA
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AfricaAFRICA NEWSBanking, Finance & InvestmentBusiness and EconomyEconomyFinance & ServicesGOVERNMENTMarketsNewsPoliticsSouth Africa
South African Rand Flat After Political Fallout Over Deputy Minister’s Firing
The South African rand showed little movement in early trade on Friday, stabilising after sharp declines on Thursday, as political tensions between President Cyril Ramaphosa and the Democratic Alliance (DA)—his …
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BusinessEconomyGOVERNMENTInternational RelationsPoliciesPolitics
South Africa’s Government of National Unity One Year After: Has It Delivered?
Nearly one year after South Africa’s Government of National Unity (GNU) was formed, many citizens and political observers are asking the same question: has this historic political partnership achieved its …
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The South African Cabinet has officially banned the importation of Terbufos, a highly toxic organophosphate pesticide, following its link to the tragic deaths of six children in Soweto’s Naledi area …
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EconomyEnergyFinance & ServicesLeadershipMarketsPoliticsSouth AfricaTrade and Commerce
Rand Holds Firm as Ramaphosa-Trump Meeting Overshadows South Africa’s 2025 Budget
South Africa’s currency, the rand, remained largely stable on Thursday despite political tension triggered by a controversial encounter between President Cyril Ramaphosa and U.S. President Donald Trump, which took the …
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AfricaEconomyFinance & ServicesGOVERNMENTInternational RelationsMarketsSouth AfricaTrade and Commerce
South Africa’s Rand Steady Ahead of Budget Speech and Ramaphosa-Trump Meeting
South Africa’s rand held steady on Tuesday as investors waited for key events later in the week, including the national budget speech and a meeting between President Cyril Ramaphosa and …
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EconomyFinance & ServicesGOVERNMENTInternational RelationsPoliciesSouth AfricaTrade and Commerce
South African Rand Gains Slightly as Ramaphosa Confirms Meeting with U.S. President
The South African rand gained a bit of strength on Thursday morning, trading at 18.22 to the U.S. dollar around 6:22 a.m. GMT. This marks a 0.3% improvement from where …
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EconomyGOVERNMENTInternational RelationsPoliticsSouth AfricaSouthern Africa
ANC and DA Clash Over Employment Equity Law in South Africa
The African National Congress (ANC) has come out strongly against the Democratic Alliance (DA) for taking legal action against the new Employment Equity Amendment Act, saying the move is against …
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AfricaBusiness and EconomyPolitics
Trump’s Trade War: African Countries Face Heavy Tariffs, South Africa Among Worst Hit
US President Donald Trump’s tough trade policies are now affecting several African countries, with many set to suffer major economic setbacks due to high tariffs. President Trump announced the move …
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EconomyEnvironmentPoliticsTrade and Commerce
South Africa: The EU announces a €4.7 billion investment plan
The European Union has announced a major investment of €4.7 billion in South Africa. This money will be used to support the country’s transition to green energy and boost vaccine …
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