Latest News & Developments
All other staff directly hired by USAID will be placed on administrative leave globally.
Decision ensures continuation of life-saving HIV treatments amid funding concerns
In a significant escalation of cross-border warfare, Ukraine launched its largest drone offensive yet into Russian territory, resulting in the tragic deaths of a mother and toddler, while successfully targeting strategic installations including an oil refinery and nuclear facility. The unprecedented barrage of over 100 drones marks a dramatic intensification of the conflict, drawing international attention as both nations continue their almost daily exchanges of attacks.
Explore Melania Trump's remarkable fashion journey, from her modelling days to her role as First Lady, showcasing her iconic looks and style evolution.
Melania Trump dazzles at the 2025 presidential inauguration in a sophisticated navy ensemble, marking a shift towards emerging American designers.
Roets said that Bloomberg Economics suggests we may see a 50-basis-point reduction by March.
One of the most pressing concerns lies in the escalating levels of consumer debt.
The top 10 most searched-for terms on Google from South Africa in 2024 show that people were interested in news, sports, politics, and public figures who died.
Donald Trump said solving the Ukraine crisis would be his top priority once he assumes office next month, describing the Middle East as a "less difficult situation. "
According to Moody’s, the ratings affirmation reflected South Africa's credit strengths from effective, core institutions such as the judiciary and the central bank, a robust, deep financial sector and a solid external position.
US President-elect Donald Trump responded to US President Joe Biden's decision to pardon his son Hunter Biden, calling it an "abuse and miscarriage of justice".
If tariffs were to be imposed, the repercussions could be significant for South Africa, which sees approximately R180 billion in annual exports to the US, predominantly in mineral resources.
The dollar weakened in thin pre-holiday trade as markets remained nervous, assessing the risk that President-elect Donald Trump might initiate a tariff war that no one would win.
Outgoing US President Joe Biden on Friday called Russia's response strikes on locations of Kiev's military facilities "outrageous".
Wapenaar added that the Trump policies around tariffs have the world guessing
What is urgently needed is the unity of progressive, socialist formations, working with organised labour on a militant program of action, to counter the rise of the right.
When all of this is tallied up, Anchor anticipates 1. 25% of further US rate cuts this cycle, with the US Fed funds rate pushing toward 3. 25%-3. 5%.
The identified risks worrying the MPC itself are cost inflation factors and by not lowering the repo rate with magnitudes of 0. 5% it will do the consumer even more harm, says the author.
Kganyago said the MPC agreed that reducing the level of policy restrictiveness was still consistent with achieving the inflation target.
Investec chief economist Annabel Bishop yesterday the currency was highly volatile due to multiple drivers, with the South African Reserve Bank (SARB) interest rate decision this week likely to drive it weaker on an expected cut of 25 basis points.
Last week, StatsSA data showed South Africa’s seasonally adjusted real mining production increasing 3. 8% month-on-month in September.
Ambassador Reuben Brigety will be leaving office, effective January 10, 2025.
Donald Trump met with PGA Tour commissioner Jay Monahan and PIF boss Yasir Al-Rumayyan just a day apart over the weekend.
Johann Els, Group Chief Economist at Old Mutual, shared his perspectives on the possible economic outcomes of President Trump's return to office.
US President-elect Donald Trump is handing top roles for his future White House to a mix of political allies, firebrands and a few relatively conventional figures.