The US dollar was on the back foot on Tuesday in cautious trading as investors braced for a possible US government shutdown that would halt economic data releases including the crucial jobs report later this week. Government funding will expire at midnight on Tuesday unless Republicans and Democrats agree to a last-minute temporary spending deal, with President Donald Trump…
Bank of Algeria Algeria will issue its first-ever sovereign sukuk, worth $2.3 billion, early in November this year, according to a government document seen by Reuters and a source familiar with the matter. The sukuk issuance is part of the North African country’s efforts to diversify its financing sources and deepen domestic financial markets, amid…
The renaming of the Kruger National Park will have dire consequences, according to the tourism sector in Mpumalanga. This, after the provincial Legislature adopted a motion to rename the Kruger National Park, Kruger Mpumalanga International Airport and the Jan van Riebeeck Stadium in Witbank. Other sections of the community suggest that South Africa should strive…
Tourists during a visit at Kruger National Park. The tourism sector in Mpumalanga has warned that renaming the Kruger National Park will lead to substantial costs of rebranding and potential loss of international goodwill. [LISTEN] Storm brews over proposal to rename Kruger National Park 🔗 #SABCNEWS #TheWeekendView pic.twitter.com/XyX8zjpTMG — SABC News Radio (@SABCNews_Radio) September 27,…
Workers collect tea seedlings for replanting at a farm in South Africa. A Limpopo entrepreneur says health problems and unemployment motivated her to come up with tea blends which are aimed at treating various ailments. Tryphinah Moshomane had been working at a factory at Seshego since 2019. Her herbal teas are now sold at various…
Police seized counterfeit goods valued at more than R260 million Police in the North West have seized counterfeit goods worth R260 million. This was done through the police’s operation aimed at dismantling the illegal trade in counterfeit and illicit goods across the country. The integrated operations were led by the National Counterfeit and Illicit Goods…
Minister of Tourism Patricia de Lille Government leaders, industry players, and communities gathered in Johannesburg on Saturday to celebrate World Tourism Day, marking South Africa’s unique place on the global travel map. Minister of Tourism Patricia de Lille highlights the sector’s resilience and its power to drive jobs, growth, and pride in the country’s beauty….
Experts agree that Transnet has shown progress in turning around the delays and inefficiencies at ports. This, despite the latest Containers Port Terminal Index, compiled and released by the World Bank and S&P market intelligence, ranking some of South Africa’s ports at the bottom, with Durban ranked the lowest, followed by the Port of Ngqura…
Minister of Cooperative Governance and Traditional Affairs Velenkosini Hlabisa Minister of Cooperative Governance and Traditional Affairs, Velenkosini Hlabisa has called on businesspeople and society to pull South Africa’s metros out of the mire. Hlabisa has told the Nelson Mandela Bay Business Chamber that the country was facing a real problem. He says the City of…
Minister of Electricity and Energy Dr. Kgosientsho Ramokgopa has announced a plan to completely eliminate load reduction across the country within the next 12 to 18 months. Ramokgopa says this follows the successful turnaround on national load shedding, with the energy availability factor consistently holding above 70%, a significant jump from 48% in early 2023….
