# The South African Reserve Bank says the country’s financial system remains resilient overall, despite tighter financial conditions and monetary policy stemming from the Middle East war. The Reserve Bank’s latest half-yearly financial stability review says the country’s susceptibility to volatile capital flows has gone up, as non-resident investors sell domestic assets in search of safe […]
# A coalition of civil society groups, including the Organisation Undoing Tax Abuse, business chambers, and residents’ associations, has served legal papers demanding proof of an agreement between the City of Johannesburg and Eskom. Two weeks ago, Johannesburg mayor Dada Morero and the minister of Electricity and Energy, Kgosientsho Ramokgopa, announced a partnership between City […]
# President Donald Trump claims the US has reached an agreement with Iran to end the war, but there has been no confirmation from Tehran. He has made similar claims in the past. Despite having agreed a ceasefire in April, the US and Iran have exchanged intermittent fire, including two rounds of strikes this week […]
# Soccer: Bafana Bafana coach Hugo Broos says they played well overall in their World Cup opener against co-host Mexico, but believes they lacked the attacking threat they needed. Goals from Julian Quinones and Raul Jimenez saw Mexico beat South Africa 2-0 in a game that saw three red cards. Bafana Bafana finished the match […]
# Soccer: Bafana Bafana suffered a 2-0 defeat to co-host Mexico in the opening match of the World Cup at Estadio Azteca in Mexico City. Julian Quinones and Raul Jimenez were on target for El Tri in a game that saw three red cards. Brazilian referee Wilton Sampaio dismissed South Africa’s Sphephelo Sithole for denying a […]
# Parliament’s portfolio committee on Trade, Industry and Competition has called for urgent government intervention in the steel industry. The industry is facing mounting pressure from weak economic growth, high electricity costs, insufficient domestic demand, cheap imports, and global overcapacity. The committee says there is a need for effective and thorough engagement with the sector […]
# British Defence Secretary John Healey has resigned, accusing prime minister Keir Starmer of failing to properly fund the defence investment plan. He is the sixth minister to resign from Starmer’s government in the past month. In his resignation letter, Healey stated that the country’s defence investment plan falls well short of what is required […]
# Minister of Transport Barbara Creecy has called on the fuel industry to deepen collaboration with government, saying the industry’s importance in keeping the country’s economy ticking cannot be underestimated. She addressed the Fuels Industry Association of South Africa Annual Imbizo in Sandton, Johannesburg, yesterday. Creecy emphasised that government is committed to creating an enabling […]
# Golf: South Africa’s Haydn Porteous shot an opening round five-under-par 67 to lead after the first day of the Mopani Zambia Open at the Nkana Golf Club. Last year’s Sunshine Tour Comeback Player of the Year leads by one stroke over Chile’s Martin Leon. South Africa’s Rigardt Albertse and Pierre Viallaneix from France opened […]
