overview of the economy of South Africa
Mining giant BHP Billiton makes $39 billion bid for Anglo American to expand copper operations
apnews.com/article/copper-metals-takeover-bhp-billiton-anglo-american-0431191b94567881c9ac821e5317b58e
Quick Glance: BHP Proposes Acquisition to Anglo American
- Anglo American receives BHP buyout proposal, reshaping the copper market.
- The proposal involves BHP acquiring Anglo shares, sparking industry transactions.
- Anglo reviews proposals after profit decline, plans demergers to reduce South Africa exposure.
- The potential deal could make BHP the world's largest copper producer with market impacts.
Climate Change: South Africa considers insurance, special fund: The World Bank is advising South Africa’s National Treasury on a climate risk strategy after ...
bloomberg.com/news/articles/2024-04-24/climate-change-south-africa-considers-insurance-special-fund
Paid articlePaid
Man arrested after female UJ student forced into car on her way to campus: Police have arrested a man for allegedly abducting his ex-girlfriend while she was ...
timeslive.co.za/news/south-africa/2024-04-24-man-arrested-after-female-uj-student-forced-into-car-on-her-way-to-campus/
South Africa's Capitec Bank reports 16% rise in FY profit: South African lender Capitec Bank reported a 16% rise in full-year profit on Tuesday ...
reuters.com/business/finance/south-africas-capitec-bank-reports-16-rise-fy-profit-2024-04-23/
Africa Live: Burkina Faso expels French diplomats - BBC News: Relations between Burkina Faso and its former colonial power have soured since the 2022 coup - and ...
bbc.co.uk/news/live/world-africa-68651951
The EFF’s Floyd Shivambu as finance minister would ‘really spook the markets’: Although it seems highly unlikely EFF deputy president Floyd Shivambu will become ...
dailymaverick.co.za/article/2024-04-16-shivambu-as-finance-minister-would-really-spook-the-markets/
Quick Glance: EFF's Shivambu as Finance Minister Would Truly Spook the Markets
- In typical EFF fashion, politician Julius Malema recently made the controversial statement that the EFF would only consider a coalition with the ANC after the elections if EFF deputy president Floyd Shivambu is appointed finance minister.
- DA leader John Steenhuisen did not mince his words at the recent launch of his party’s Western Cape manifesto in Paarl, in the Drakenstein Municipality.
- Steenhuisen warned that under a coalition with Shivambu as finance minister, the EFF would unleash its destructive economic policies to turn South Africa into the next Venezuela or Zimbabwe.
- Investment strategist Izak Odendaal from Old Mutual Wealth says it is unlikely that Shivambu would take on what is arguably the most important Cabinet position, even in the event of an ANC-EFF coalition.
South African Elections: What If the ANC Has to Share Power?: Polls show that the country—which heads to the polls on May 29—could enter uncharted political ...
bloomberg.com/news/features/2024-04-19/south-african-elections-what-if-the-anc-has-to-share-power
Paid articlePaid
ICYMI 👀'A dirty lie': Endorsement of a carbon capture pilot project in Mpumalanga is better invested in solar and wind, according to Climate Justice ... Show more
Mpumalanga carbon capture pilot project completed - Oxpeckers
Mpumalanga carbon capture pilot project completed - Oxpeckers
Wife and her brother found guilty of murder of Transnet engineer: The family of slain Transnet electrical engineer Nkosi Langa, who was kidnapped from his ...
timeslive.co.za/news/south-africa/2024-04-12-wife-and-her-brother-found-guilty-of-murder-of-transnet-engineer/
Police arrest two for kidnapping of dogwalker, 85, at popular Joburg park: The victim was released at Montgomery Park nearly two months after the abduction.
timeslive.co.za/news/south-africa/2024-04-26-police-arrest-two-for-kidnapping-of-dogwalker-85-at-popular-joburg-park/
Two cops among 8 ‘blue light gang’ suspects arrested for ‘extorting R200k’: Eight suspects, including two police officers, are expected to appear in the ...
timeslive.co.za/news/south-africa/2024-04-22-two-cops-among-8-blue-light-gang-suspects-arrested-for-extorting-r200k/
Private sector may have to foot R200bn for expanding SA’s electricity grid: Eskom estimates it will cost R200bn within the next 10 years to expand South Africa’s ...
dailymaverick.co.za/article/2024-04-18-private-sector-may-have-to-foot-r200bn-for-expanding-sas-electricity-grid/
Hefty sentences for VAT fraud syndicate members: The Johannesburg high court on Monday sentenced a VAT fraud syndicate to a cumulative 205 years behind bars for ...
timeslive.co.za/news/south-africa/2024-04-22-hefty-sentences-for-vat-fraud-syndicate-members/
Climate Change Bill heads for final stretch, but the hard slog of implementation lies ahead
dailymaverick.co.za/article/2024-04-26-climate-change-bill-heads-for-final-stretch-but-hard-slog-lies-ahead/
LISTEN | 'There was communication between the accused,' Senzo Meyiwa trial hears
timeslive.co.za/news/south-africa/2024-04-17-there-was-communication-between-the-accused-senzo-meyiwa-trial-hears/
Editorial: The green boom in a legal vacuum: A national cannabis master plan has been developed, with the department of trade and industry tasked with its ...
mg.co.za/editorial/2024-04-19-editorial-the-green-boom-in-a-legal-vacuum/
Ster-Kinekor to retrench 236 workers as Covid, load shedding dim cinema lights: Ster-Kinekor added that the Hollywood writers and actors strike in 2023 had ...
iol.co.za/business-report/companies/ster-kinekor-to-retrench-236-workers-as-covid-load-shedding-dim-cinema-lights-e73fb48a-26d8-4747-b72e-a3dd3c79360c
UK faces April sizzler with temperatures jumping 19C across English cities: After a Polar and Arctic blast, a huge shift in weather is expected according to new ...
birminghammail.co.uk/news/midlands-news/uk-faces-april-sizzler-temperatures-29002857
Procurement commission aiming for access to contract awards: The PPC recently convened a meeting with the Ministry of Finance designed to enhance public ...
stabroeknews.com/2024/04/21/news/guyana/procurement-commission-aiming-for-access-to-contract-awards/
Holding workplace leaders accountable: Racism and misconduct at Nedbank: Labour court revelations of racial remarks made by a high-ranking executive at Nedbank ...
dailymaverick.co.za/opinionista/2024-04-16-holding-workplace-leaders-accountable-racism-and-misconduct-at-nedbank/
Credit access to reignite recovery of MSMEsCredit access to reignite recovery of MSMEs - The Standard
The Western Cape Police Oversight and Community Safety member of the executive committee (MEC), Reagan Allen, expressed his distaste after the first and second ... Show more
Is the approval of NPA Amendment Bill marking the return of Scorpions?: The national legislature approved the NPA Amendment Bill, which will make the ...
iol.co.za/news/politics/is-the-approval-of-npa-amendment-bill-marking-the-return-of-scorpions-a6564cdb-9352-4b80-8f29-cd728c249203
Alexkor vs Creecy in environment court battle: State diamond mining company Alexkor is challenging a compliance notice issued by the environment department over ...
mg.co.za/the-green-guardian/2024-04-13-alexkor-vs-creecy-in-environment-court-battle/
Over P20-M worth of illegal vape products seized near Baclaran school: Law enforcers on Tuesday conducted a joint operation targeting an establishment allegedly ...
news.abs-cbn.com/news/2024/4/23/over-p20-m-worth-of-illegal-vape-products-seized-near-baclaran-school-2142
Fresh and salt beef: Errors made by ministry in awards for prison food – PPC: -laments six-month delay in receiving information Following a complaint by M S ...
stabroeknews.com/2024/04/25/news/guyana/fresh-and-salt-beef-errors-made-by-ministry-in-awards-for-prison-food-ppc/
Africa: USAID's Catalyst Study Expands HIV Prevention Options for Women and Girls in Africa
allafrica.com/stories/202404250024.html
Anglo American to Oppose Appeal in Zambia Lead Poisoning Case: Anglo American Plc said it will oppose any court case over allegations that a Zambian mine in ...
dailymaverick.co.za/article/2024-04-22-anglo-american-to-oppose-appeal-in-zambia-lead-poisoning-case/
Sh7b theft case: judge furious over defence lawyers' 'tactics': The judge said the accused are obstructing the course of justice for their own ...
newvision.co.ug/articledetails/NV_186551
LDP Considers Making Lawmakers Pay Total Unlisted Funds Into National Treasury; Scope of Measure May Expand
japannews.yomiuri.co.jp/politics/politics-government/20240421-181690/
Shipping company directors begin defence in sh7b theft case: According to the charge sheet, the amount allegedly stolen is about sh9.5b but court ruled that the ...
newvision.co.ug/category/news/shipping-company-directors-begin-defence-in-s-NV_186484
Africa: A Chance for Africa to Counter the Pitfalls of International Criminal Justice?
allafrica.com/stories/202404220278.html
Met Office yellow weather warning as high winds hits Merseyside: Short term loss of power and other services is a possibility
liverpoolecho.co.uk/news/liverpool-news/met-office-yellow-weather-warning-28996007
South Africa's Electricity Crisis - a Series of Failures Over 30 Years Have Left a Dim Legacy
allafrica.com/stories/202404190004.html
DA seeks to double budget for 2025: The Department of Agriculture will seek to increase its budget for 2025 to more than double its allocation this year ...
news.abs-cbn.com/news/2024/4/19/da-seeks-to-double-budget-for-2025-1648
Nutrition support for ECD programmes takes a giant step backwards: The Gauteng health department – which until now commendably supported unregistered early early ...
dailymaverick.co.za/article/2024-04-18-nutrition-support-for-ecd-programmes-takes-giant-step-backwards/
South Africa: Search Continues for Missing 6-Year-Old Joshlin Smith - South African News Briefs - April 19,...
allafrica.com/stories/202404190030.html
After the Bell: The two important questions facing SA’s economy: What will it take to get the economic growth rate moving again? How many times do we have to ask ...
dailymaverick.co.za/article/2024-04-17-bm-tim-atb-2questions/
Zimbabwe: KZN Police Discover Body of Abducted Zim Businessman Evans Katumba: A body believed to be that of Zimbabwean businessman Evans Katumba who was abducted ...
allafrica.com/stories/202404170016.html
Yen hits 34-year low, defying end of negative rates: The Bank of Japan (BoJ) raised interest rates for the first time in 17 years on March 19 ...
asiatimes.com/2024/04/yen-hits-34-year-low-defying-end-of-negative-rates/
Quick Glance: Japan's Economic Policy and the Impact on the Yen
- On March 19, the Bank of Japan (BoJ) raised interest rates for the first time in 17 years, signaling the end of an era of negative interest rates.
- Despite this adjustment, Japan continues to have the lowest interest rates globally. The notion that lower interest rates lead to higher growth was the basis for adopting negative rates.
- However, negative rates did not serve as an economic stimulus but rather burdened commercial banks' reserves at the central bank.
- The BoJ's policy of low and negative interest rates has hindered bank credit growth in Japan for years, impacting the economy negatively.
Mining project in the Arctic Circle: Like Greta Thunberg, only completely different
faz.net/aktuell/wirtschaft/greta-thunberg-nur-anders-wie-eine-finnische-naturschuetzerin-kaempft-19633127.html
Paid articlePaid
Two new projects proposed for Century City. Development has lagged at that business park
jsonline.com/story/money/real-estate/commercial/2024/04/15/milwaukee-business-park-sees-new-proposals-after-years-of-inactivity/73325870007/
Eskom Mulls Private, Foreign Options on $21 Billion Grid Build: South Africa’s state-owned power utility Eskom Holdings SOC Ltd. said it’s in talks with ...
bloomberg.com/news/articles/2024-04-12/eskom-mulls-private-foreign-options-on-21-billion-grid-build
Transnet: South Africa Taps Business to Create Office to End Rail Monopoly: South Africa has asked companies to help it set up an office to facilitate the entry ...
bloomberg.com/news/articles/2024-04-08/transnet-south-africa-taps-business-to-create-office-to-end-rail-monopoly
Paid articlePaid Announcement will be made on historical debt: Chikunga as e-tolls are switched off
timeslive.co.za/news/south-africa/2024-04-12-announcement-will-be-made-on-historical-debt-chikunga-as-e-tolls-are-switched-off/
'I am not scared of anyone' — Cele on Gcaba brothers and police clash with Inanda taxi boss
timeslive.co.za/news/south-africa/2024-04-09-i-am-not-scared-of-anyone-cele-on-gcaba-brothers-and-police-clash-with-inanda-taxi-boss/
During a road blockade: Greta Thunberg arrested in The Hague: Greta Thunberg was arrested at a demonstration in the Netherlands. The climate activist was taken ...
kleinezeitung.at/international/18342277/greta-thunberg-in-den-haag-festgenommen
Quick Glance: Greta Thunberg protests against fossil fuels in the Netherlands
- The demonstration was specifically targeted against the subsidies for fossil fuels in the Netherlands.
- Climate activist Greta Thunberg was detained twice by police at a demonstration in the Netherlands, after she and a group of marchers blocked a main road to protest against these subsidies.
- Hundreds of protesters marched from The Hague’s city center to the nearby A12 arterial highway that connects the Dutch government's seat with other cities like Amsterdam, Rotterdam, and Utrecht.
- Organized by the Extinction Rebellion (XR) environmental group, the demonstration was part of efforts to pressure the Dutch government ahead of another planned debate on subsidies for fossil fuels in June.
Pearl of Africa Hotel to be auctioned: Officials from Armstrong Limited declined to comment on the auction, citing confidentiality
monitor.co.ug/uganda/news/national/pearl-of-africa-hotel-to-be-auctioned-4577120
South Africa urged to finalise Integrated Resource Plan to boost investor confidence
mg.co.za/the-green-guardian/2024-04-11-south-africa-urged-to-finalise-integrated-resource-plan-to-boost-investor-confidence/
Two Gauteng men in court for 'kidnapping' North West woman: Quick thinking by the son of a woman kidnapped from her home in Phokeng, North West ...
timeslive.co.za/news/south-africa/2024-04-12-two-gauteng-men-in-court-for-kidnapping-north-west-woman/
Nelson Mandela Bay has lost R430m in National Treasury grants due to underspending
dailymaverick.co.za/article/2024-04-10-nelson-mandela-bay-has-lost-r430m-in-national-treasury-grants-due-to-underspending/
SA’s May elections unlikely to result in widespread public violence: Even so, police and other state security agencies must be ready to proactively prevent and ...
dailymaverick.co.za/article/2024-04-11-sas-may-elections-unlikely-to-result-in-widespread-public-violence/
Why is there less load shedding? There’s a fundamental change taking place in SA’s electricity sector
dailymaverick.co.za/article/2024-04-08-less-load-shedding-and-sas-changing-electricity-sector/
Former deputy president and former Speaker, Baleka Mbete, was reportedly inside the Lyttelton police station when embattled former Speaker of Parliament ... Show more
Glomix ban — Treasury blacklists 28s gang case accused Nicole Johnson’s company for 10 years
dailymaverick.co.za/article/2024-04-08-glomix-treasury-blacklists-28s-gang-case-accused-nicole-johnsons-company/
Explainer: Shell appeals against Dutch court's landmark climate ruling: A Dutch court on Tuesday heard Shell's appeal against a landmark climate ruling which ...
reuters.com/sustainability/shell-appeals-against-dutch-courts-landmark-climate-ruling-2024-04-02/
KZN men jailed for 15 years for stealing crude oil belonging to Transnet: Police discovered that truck tankers were filled with crude oil that the accused had ...
iol.co.za/news/crime-and-courts/kzn-men-jailed-for-15-years-for-stealing-crude-oil-belonging-to-transnet-d2a3dd05-9f21-487c-b0c5-df13bdd89c44
R21 closed to traffic because of collapsed power lines between Olifantsfontein Rd and Nellmapius Dr
timeslive.co.za/news/south-africa/2024-04-12-r21-closed-to-traffic-because-of-collapsed-power-lines-between-olifantsfontein-rd-and-nellmapius-dr/
Drastic measures touted for insoluble Gauteng taxi war while commuters bear the brunt
dailymaverick.co.za/article/2024-04-10-drastic-measures-touted-for-insoluble-gauteng-taxi-war-while-commuters-bear-the-brunt/
Forty-five worshippers were killed in a bus crash in South Africa's Limpopo province. They were on their way to an Easter conference when the driver lost ... Show more
South Africa bus crash kills 45 people | CNN
South Africa bus crash kills 45 people | CNN
Quick Glance: Child (8) Sole Survivor in South Africa Bus Crash Tragedy
- A bus crash in South Africa resulted in the death of 45 people after the vehicle plunged off a bridge and caught fire upon impact with the ground.
- An eight-year-old child, the only survivor, is currently receiving medical treatment at a nearby hospital.
- The tragic incident occurred near Mamatlakala in the Limpopo province, where the driver lost control, crashed into barriers on the bridge, and caused the bus to go over the edge and ignite.
- Rescue operations persisted into late hours, with some victims burned beyond recognition and others trapped in debris or scattered at the scene.
Woman, driving a Mercedes Benz, arrested in Joburg as police find drugs worth R700,000
iol.co.za/news/crime-and-courts/woman-driving-a-mercedes-benz-arrested-in-joburg-as-police-find-drugs-worth-r700000-701ea3c4-1c5c-41e0-8e65-1ad067a4fb26
Dozens of flights cancelled as Storm Kathleen hits UK with 70mph winds: About 70 flights departing and arriving at UK airports before midday on Saturday were ...
itv.com/news/2024-04-06/dozens-of-flights-cancelled-as-storm-kathleen-hits-uk-with-70mph-winds
SAA’s failed sale may signal the beginning of its end: On its own, the airline will gradually wind its way down to liquidation – if its board takes no swift ...
dailymaverick.co.za/opinionista/2024-03-25-saas-failed-sale-may-signal-the-beginning-of-its-end/
Time ticking for Treasury to tap R150bn gold, foreign currency account: Parliament needs to pass legislation before the elections authorising the government to ...
timeslive.co.za/sunday-times/business/business/2024-03-31-time-ticking-for-treasury-to-tap-r150bn-gold-foreign-currency-account/
Paid articlePaid Two Gauteng cops charged with kidnapping: Two Gauteng police officers charged with kidnapping and defeating the administration of justice were on Wednesday ...
timeslive.co.za/news/south-africa/2024-04-11-two-gauteng-cops-charged-with-kidnapping/
Treasury plan aims to overcome private sector reluctance to submit unsolicited infrastructure proposals
timeslive.co.za/sunday-times/business/business/2024-04-07-treasury-plan-aims-to-overcome-private-sector-reluctance-to-submit-unsolicited-infrastructure-proposals/
Paid articlePaid Minors aged 7 and 9 ‘raped, kept hostage overnight’ in Emalahleni: The alleged rapes of two minors, aged seven and nine, has sent shockwaves in the Emalahleni ...
timeslive.co.za/news/south-africa/2024-04-05-minors-aged-7-and-9-raped-kept-hostage-overnight-in-emalahleni/
Limpopo police have issued a stern warning to residents following social media posts of a potential shutdown in the province on Thursday ... Show more
POLL | Should Sydney Mfundo Gcaba be summoned for questioning?: Is it in the interest of justice for the court to summon Sydney Gcaba?
timeslive.co.za/news/south-africa/2024-04-09-poll--should-sydney-mfundo-gcaba-be-summoned-for-questioning/
At least 45 people have been killed in a bus crash in South Africa.
The department of transport says the vehicle, travelling from Botswana to Limpopo ... Show more
Africa Live this week: 25-31 March 2024 - BBC News: Bringing you the latest news from around Africa at bbc.com/africalive.
bbc.co.uk/news/live/world-africa-68399818
Quick Glance: Africa Live: Court Sentences Former Liberian Rebel Leader to 30 Years - BBC News
- Police in Togo dispersed an opposition press conference convened to discuss a controversial constitutional reform. Concerns exist that shifting from a presidential to a parliamentary system could lead to the long-standing President, Faure Gnassingbe, staying in power indefinitely.
- Uganda's President, Yoweri Museveni, formally inaugurated the nation's inaugural interest-free commercial Islamic bank. This financial institution is expected to play a substantial role in advancing the country's financial sector.
- A South African entrepreneur has been implicated in the murder of renowned rapper AKA. Allegedly, the individual transferred a significant sum of money to one of the current suspects on trial for the rapper's homicide.
- A French court commuted the life sentence of former Liberian rebel leader Kunti Kamara to 30 years. He was convicted of crimes against humanity and violence against civilians during Liberia's civil war.
Medics insist 11 demands must be met before calling off strike: While KMPDU raised 11 issues, the ministry raised six issues. CoG raised 10 issues ...
standardmedia.co.ke/national/article/2001492581/medics-insist-11-demands-must-be-met-before-calling-off-strike
Why FNB put a hold on outgoing payments from Zuma’s bank account: Bank dismisses claims by MK Party that the account was weaponised, saying it is following court ...
timeslive.co.za/sunday-times/news/2024-03-24-why-fnb-put-a-hold-on-outgoing-payments-from-zumas-bank-account/
Paid articlePaid
Met Office verdict on mini heatwave hitting Lancs with 'three weeks of sunshine': After suffering the effects of Storm Kathleen, dry spells, sunshine and ...
lancs.live/news/lancashire-news/met-office-verdict-mini-heatwave-28968342
Quick Glance: First Heatwave Expected in the Coming Days
- A heatwave is set to hit the UK soon, with temperatures above normal.
- British residents can expect three weeks of hot, dry sunshine, especially in the south and east.
- The Met Office forecasts normal temperatures with varied weather patterns.
- The BBC Weather predicts decreasing forecast confidence and uncertain weather patterns.
Toll roads are ‘an attractive investment’: Sanral keen to return to bond markets where its products are seen to provide reliable returns
timeslive.co.za/sunday-times/business/business/2024-03-24-toll-roads-are-an-attractive-investment/
Paid articlePaid
Queensland authorities seize Instagram star Molly the Magpie: A magpie that won a large following on Instagram after befriending an English staffy has been ...
9news.com.au/national/queensland-authorities-seize-instagram-star-molly-the-magpie/43241f48-5395-40d2-a3a5-4f9320d77208
Quick Glance: Premier Supports Influencers in Illegally Raising Molly the Magpie
- Gold Coast social media influencers Juliette Wells and Reece Mortensen surrendered the magpie Molly due to lack of permits.
- Premier Steven Miles aims to collaborate with authorities to ensure proper care for Molly.
- Molly the magpie was taken from the wild without permission, but the Premier believes a solution can be found in the best interest of the animal.
- An online petition with nearly 60,000 signatures calls for the reunion of Molly with Peggy and her family.
New to NewsWall?
Sign up now to get your own personalized news!
Trending topics