South Africa Hosts G20 Meetings, Boosting Global Image

President Cyril Ramaphosa and other heads of state at the recent G20 Summit 2 minutes South Africa is set to host the Sherpas, Finance, and Central Bank Deputies’ meetings this week, marking a significant moment as the country takes on its year-long presidency of the Group of 20 (G20). The G20, which includes the world’s…

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Flight operations at SAA back to normal

File photo: Passengers walk to board a South African Airways (SAA) plane at the Hosea Kutako International Airport, in Windhoek, Namibia. 1 minute South African Airways (SAA) says its flight schedule has returned to normal. This after over 100 pilots resumed work yesterday after suspending their two-day strike action. The South African Airways Pilots Association,…

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Cabinet welcomes over R9 billion investment from Saudi Arabia

File Image: A worker attends to machinery at a smelter plant at Anglo American Platinum’s Unki mine in Shurugwi, Zimbabwe, May 16, 2019. 1 minute Cabinet has welcomed Saudi Arabia’s announcement that it will invest over R9 billion in the construction of a platinum smelter and metals refinery in Limpopo. Various projects around the country,…

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Moroccan rail operator seeks $8.8 billion funding for expansion plan

African Development Bank President Akinwumi Adesina speaks during an interview with Reuters in Johannesburg, South Africa, March 25, 2022. 1 minute Morocco’s state-owned rail operator, ONCF, is seeking $8.8 billion from investors to finance its expansion plan, the head of the African Development Bank (AfDB), Akinwumi Adesina, has said. He told reporters late on Friday…

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Pilots and SAA are continuing negotiations on outstanding issues

Passengers board a South African Airways plane at the Port Elizabeth International Airport in the Eastern Cape province. 1 minute The South African Airways Pilots Association, the National Transport Movement and SAA management are continuing negotiations on outstanding issues. The parties are reported to have agreed on a 9.47% wage settlement this morning. The association…

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Bitcoin storms above $100 000

Bitcoin 5 minutes Bitcoin catapulted above $100 000 for the first time on Thursday, a milestone hailed even by sceptics as a coming-of-age for digital assets as investors bet on a friendly US administration to cement the place of cryptocurrencies in financial markets. Once it broke $100,000 in Thursday’s Asian morning, boosted by US President-elect…

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