GDP figures in line with expectations: Economist

South African bank notes featuring an image of former South African President Nelson Mandela are displayed at an office in Johannesburg. Independent Economist Elize Kruger says the latest economic growth figure is in line with analysts’ expectations. Data released by Statistics South Africa shows that the economy expanded by 0.5% in the third quarter of…

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LIVE: SATNAC 2025 -Day two

Key stakeholders in southern Africa’s ICT and telecoms sectors, including government, technology companies and international partners, have gathered in Cape Town for the 2025 Southern Africa Telecommunication and Applications Conference (SATNAC). LIVE STREAM: 

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Unions reject Eskom’s 3.5% multi-year wage increase offer

Pylons carry electricity from a sub-station of state power utility Eskom outside Cape Town in this picture taken March 20, 2016. Reuters. The National Union of Mineworkers (NUM), National Union of Metalworkers of South Africa (NUMSA) and Solidarity have so far rejected power utility Eskom’s offer of a 3.5% multi-year wage increase. This, after a…

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President Ramaphosa to address the nation

President Cyril Ramaphosa speaking at the G20 Summit. President Cyril Ramaphosa will address the nation at seven o’clock on Sunday evening. This follows South Africa’s successful hosting of the G20 Leaders’ Summit. The country has received congratulatory messages from various leaders on the successful hosting of the event. Leaders and policy makers gathered in Nasrec,…

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UAE announces $1 billion initiative to expand AI in Africa

The United Arab Emirates (UAE) said on Saturday it will invest $1 billion to expand AI infrastructure and AI-enabled services across Africa, with the aim of helping countries meet national development priorities. UAE Minister of State Saeed Bin Mubarak Al Hajeri announced the “AI for development initiative” at the G20 Leaders’ Summit in Johannesburg, saying…

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SA praised for G20 leadership amid push for real impact

Praise has been heaped upon South Africa following its historic hosting of the G20 Leaders’ Summit – the first ever to take place on African soil. Member states unanimously adopted the Summit Declaration, despite attempts by the United States to block elements of the agreement. While experts have acknowledged several significant gains, some caution that…

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