Mozambique extended a value-added tax exemption on essential goods until the end of the year to ease spending pressures on consumers that have sparked violent protests in the southern African…
SOUTH African President Cyril Ramaphosa called for enhanced cooperation within the Group of 20 nations as his US counterpart Donald Trump upends the world order in pursuit of his America…
Eskom suspended load shedding on Wednesday at 5 am. It confirmed the decision just after 4 am in a statement, saying the suspension follows a “recovery of generation capacity and…
South African inflation accelerated after the statistics office revised the data used to calculate household expenditure, giving policymakers reason to be cautious about cutting interest rates next month. Consumer prices…
THE release of South Africa’s national budget has descended into an unprecedented fiasco. Never before in the country’s democratic history has a budget been postponed.However, this postponement is not just a disagreement within the government of national unity (GNU). It is a direct result of the ANC’s arrogance in not recognising the political reality that…
US inflation increased by more than expected last month,as higher egg and energy prices helped to push up the cost of living for Americans.Inflation rose to 3% in January, its highest rate for six months, and above the 2.9% expected by economists.The rise comes weeks after the US central bank decided to hold interest rates, saying…
THE JSE All Share Index (Alsi) hit a new record on Wednesday, on the back of Richemont’s (CFR) bull run continuing and tech giants Naspers and Prosus’s share prices on firmer footings. Africa’s largest…
The Trump administration has said it will close entries to a programme designed to shrink the number of US government employees by incentivising resignations and proceed with the next stages.…
Merger talks between Honda and Nissan have collapsed after the firms failed to agree on a multi-billion-dollar tie-up. The Japanese carmakers, along with junior partner Mitsubishi, had aimed to combine…
OSHAKATI, Namibia — Sam Nujoma, the fiery white-bearded freedom fighter who led Namibia to independence from apartheid South Africa in 1990 and served as its first president for 15 years, and became known as…
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