SOUTH AFRICA INFLATION DROP MAKES SEPTEMBER RATE CUT MORE LIKELY

Wed 21 August 2024: South Africa’s inflation dropped more than forecast to a three-year low in July, nearing the level the central bank aims for and cementing analysts’ expectations for an interest rate cut next month. Consumer inflation fell to 4.6% year on year in July from 5.1% in June, statistics agency data showed on […]

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AFRICA’S HEALTH AGENCY SAYS COULD START MPOX VACCINATIONS WITHIN DAYS

Wed 21 August 2024: Africa’s top public health agency says the Democratic Republic of Congo (DRC) and other countries on the continent could start vaccinating against mpox within days. The DRC is the epicentre of a more deadly strain of the virus that emerged last year and has subsequently spread to some 12 other African […]

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THE DTIC TO HOST VIRTUAL OUTWARD SELLING MISSION TO SAUDI ARABIA

Wed 21 August 2024: The Department of Trade, Industry and Competition (the dtic), in collaboration with the South African Embassy in Saudi Arabia, will host a virtual Outward Selling Mission to Saudi Arabia.  The theme of the mission will be: “Unlocking Trade Opportunities through Collaboration.” Thursday’s mission will focus on opportunities that are available in […]

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KENYAN SUPREME COURT UPHOLDS CONTROVERSIAL TAX HIKES ACT AMID PUBLIC OUTCRY 

Wed 21 August 2024: In a significant legal decision, Kenya’s Supreme Court on Tuesday upheld the contentious Finance Act 2023, overturning a previous ruling by the Court of Appeal that had declared the act unconstitutional. The Supreme Court’s verdict affirms the legislation, which has been at the center of nationwide protests due to its impending […]

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BRAZILIAN POULTRY BAN COULD HIT SOUTH AFRICA’S POOR HARDEST, ECONOMIST WARNS

Tue 20 August 2024: South Africa – The ban on Brazilian poultry could have a significant and potentially detrimental effect on South Africa’s economy, particularly impacting low-income households. The trade restrictions were imposed following a recent outbreak of Newcastle disease that affected poultry farms in the Brazilian province of Rio Grande do Sul. In response to […]

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DADA MORERO’S MAYORAL RETURN UNLIKELY TO STABILIZE JOHANNESBURG, SAYS POLITICAL ANALYST

Tue 20 August 2024: Johannesburg – According to Political Analyst Dr Dale McKinley, the recent election of Dada Morero as Johannesburg’s new mayor is unlikely to bring any significant changes to the city. Morero’s return to the mayoral office, a position he briefly held in 2022, doesn’t seem poised to stabilise Johannesburg’s governance, which has seen […]

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TRADE BETWEEN CHINA AND AFRICA REACHED A RECORD HIGH OF $282.1 BILLION IN 2023

Mon 19 August 2024: With trade between China and Africa reaching a record high of $282.1 billion last year, China’s Ambassador to South Africa Wu Peng has highlighted the effects of enhancing solidarity and cooperation with African countries. “In 2023, the trade between China and Africa reached a record high of 282.1 billion US dollars, […]

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