Zimbabwe central bank keeps policy rate at 35%
By: Reuters 4th December 2024 Zimbabwe's central bank said on Wednesday that its Monetary Policy Committee (MPC) had met and decided to leave its policy rate unchanged at 35%.... →
Namibia elects Nandi-Ndaitwah as first female president
By: Reuters 4th December 2024 Netumbo Nandi-Ndaitwah of Namibia's ruling SWAPO party has been elected president and will be the country's first female leader, results released... →
Eskom appoints group executive for strategic delivery
By: Creamer Media Reporter 3rd December 2024 Power utility Eskom has appointed Alfred Seema as group executive for strategic delivery. He joins the utility from Sasol, where he most recently... →
Justice Minister moved to Human Settlements portfolio amid probe
By: Bloomberg 3rd December 2024 President Cyril Ramaphosa moved Justice and Constitutional Development Minister Thembi Nkadimeng-Simelane to a new department, amid an... →
Germany commits R5.2bn to South Africa and promises to deepen cooperation ahead of Joburg G20
By: Terence Creamer 3rd December 2024 Germany has committed further funding of €276.5-million (about R5.2-billion) to South Africa for the period to 2026 to support several initiatives,... →
Political parties react to surprise drop in GDP
By: Thabi Shomolekae 3rd December 2024 The Democratic Alliance (DA) pointed out that the country’s third quarter GDP performance is impetus to urgently accelerate the economic reforms... →
Global investor sentiment towards South Africa much better in 2024, Exxaro reports
By: Martin Creamer 3rd December 2024 Global investor sentiment towards South Africa improved significantly in 2024, Exxaro FD Riaan Koppeschaar reported on Tuesday, December 3. In a... →
DA wants Rand Water to reschedule December maintenance
By: Thabi Shomolekae 3rd December 2024 The Democratic Alliance is urging Rand Water to replan what the party calls a “ridiculous” mid-December water shut-off for large parts of the City... →
Fighting resumes in eastern Congo, army and M23 say
By: Reuters 3rd December 2024 Fighting resumed in eastern Congo on Monday, again violating a ceasefire, the M23 rebel group and Congolese army said, casting doubt on whether the... →
Parliamentary committee concerned about impact of tensions with US
By: Thabi Shomolekae 3rd December 2024 The Select Committee on Economic Development and Trade expressed concerns that with the response from the Brazil, Russia, India, China, South... →
SA will use G20 to focus on low-income countries – Ramaphosa
By: Thabi Shomolekae 3rd December 2024 President Cyril Ramaphosa on Tuesday expressed confidence in South Africa’s ability to present “the most impressive G20”, stating that under the... →
GDP contracts by 0.3% in the third quarter
By: Creamer Media Reporter 3rd December 2024 South Africa’s GDP decreased by 0.3% in the third quarter, following an increase of 0.3% in the second quarter. The agriculture, forestry and... →
Namibia's ruling party takes lead in election results
By: Reuters 3rd December 2024 Namibia's ruling SWAPO party led both the presidential and parliamentary races on Tuesday, a week after voting took place in an election marred by... →