SOUTH AFRICA SIGNS LOAN AGREEMENTS TO SUPPORT JUST ENERGY TRANSITION

Wed 22 October 2023: National Treasury has announced that South Africa has signed bilateral loan agreements with the World Bank, German state-owned development and investment bank Kreditanstalt für Wiederaufbau (KfW) and the African Development Bank (AfDB) to support South Africa’s Just Energy Transition. The concessional financing includes a loan of some $1 billion from the […]

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NIGER GOVERNMENT ASKS COURT TO FORCE ECOWAS TO LIFT COUP SANCTIONS

Wed 22 October 2023: Niger’s military government on Tuesday asked West Africa’s regional court to order the lifting of sanctions imposed on the country by its neighbours following a July coup that deposed elected president Mohamed Bazoum. “There is no sector of the Nigerien society that has not been affected by these sanctions” which have […]

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SOUTH AFRICA PARLIAMENT VOTES IN FAVOUR OF MOTION TO CLOSE ISRAEL EMBASSY

Tue 21 October 2023: South Africa’s Parliament has voted in favour of a motion calling for the closure of Israel’s embassy in Pretoria amid soaring tensions between the two countries over the Israeli assault on Gaza. The action is largely symbolic as it will be will be up to President Cyril Ramaphosa‘s government whether to implement it. The […]

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FLOODS IN SOMALIA LEAVE 50 DEAD, NEARLY 700,000 DISPLACED: DISASTER AGENCY

Tue 21 October 2023: The death toll from flash flooding caused by torrential rains in Somalia has risen to 50, with nearly 700,000 people driven from their homes, according to a government official. With more heavy rains starting on Tuesday, the plight of people in the country is expected to worsen, he said. “Fifty people died in […]

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SOUTH AFRICA’S POLICE ARE LOSING THE WAR ON CRIME – HERE’S HOW THEY NEED TO RETHINK THEIR APPROACH

Mon 20 October 2023: South Africa’s crime statistics for the third quarter of 2023 show that people continue to face a serious problem of violent crime, especially murder and attempted murder. The country’s per capita murder rate for 2022/23 was the highest in 20 years at 45 per 100,000 (a 50% increase compared to 2012/13). In response to this […]

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SOUTH AFRICA’S WAGE GAP IS HUGE: WHY COMPANIES SHOULD REPORT WHAT CEOS AND WORKERS EARN

Sat 18 October 2023: Inequality in South Africa is high, whether measured by income or wealth. One of the results is that there’s acute public scrutiny of executive compensation. This is understandable given that the skew in rewards for executives compared with wages of workers is one of the key drivers of rising inequality – in […]

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RUSSIA SENDS FIRST SHIPMENTS OF FREE GRAIN TO AFRICA SINCE END OF BLACK SEA DEAL

Sat 18 October 2023: Russia has sent the first of its promised free of charge grain shipments to Africa, the country’s agriculture minister said on Friday. “The first two ships with 25,000 tons of Russian wheat each have already left Russian ports for Somalia and Burkina Faso. We expect them to arrive in late November […]

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