# Foreign investors, including JPMorgan, Wells Fargo, and Franklin Resources, have sold 16.1-billion-rand in South African bonds in March. The decision is driven by concerns over deteriorating US relations and the potential loss of preferential trade status under the African Growth and Opportunity Act. The sell-off has sparked fears of sanctions, especially with speculation that […]
# President Cyril Ramaphosa has expressed deep sorrow at the passing of South African Hindu Maha Sabha president Ashwin Trikamjee, at the age of 80. Trikamjee, an attorney and Black Consciousness activist, was also a key figure in law, sports, and religious advocacy. The presidency says his leadership in the legal profession and commitment to […]
# The Financial Action Task Force is set to conduct site visits in South Africa by June to assess progress on anti-money laundering and countering terror financing. National Treasury says the country has addressed or largely addressed 20 of the 22 action items in its action plan to be considered for delisting from the greylist. […]
# A legal battle between e-hailing platform Wanatu and Tshwane authorities is gaining momentum. The company’s legal battle follows the impoundment of two of its vehicles by the Tshwane Metro Police Department. The case puts into the spotlight the National Roads Traffic Act. More than 20-thousand e-hailing drivers are still waiting for their road carrier […]
# The organisation Heartlines is digitally relaunching its 2006, 8 Films, 8 Values campaign, which comprises eight-hour-long TV dramas. Each of the eight films selected explores key values such as forgiveness, compassion, and self-control, and will be available on the organisation’s website over eight weeks. The organisation’s, Lehlohonolo Ramosolo, says the first film that will […]
# Google South Africa has launched its first-ever cloud region in Johannesburg, investing 2.5-billion-rand. The new cloud region seeks to connect South Africa to Google Cloud’s global network, boosting access to top-tier services for local businesses. This move is expected to add almost 40-billion-rand to the country’s gross domestic product and create over 40-thousand jobs […]
# The Desmond Tutu HIV Foundation has launched the Fast PrEP project, aimed at bringing HIV prevention services to 16 Cape Town schools using mobile clinics. These clinics offer contraceptives, sexually transmitted infections services, and three types of pre-exposure prophylaxis pills to pupils aged 15 and older. The foundation’s Elzette Rousseau says the project has reached […]
# Former US president Joe Biden’s administration has been accused of withholding a 2023 report, which showed that US liquefied natural gas exports had no significant impact on global greenhouse gas emissions. America became the world’s largest energy exporter in 2023, underpinned by new demand in the European Union, following Russia’s war in Ukraine, and its […]
# United Nations secretary-general António Guterres affirmed that the Paris Agreement goals are still within reach, despite last year’s temperatures surpassing the 1.5-degrees Celsius threshold. He made the statement in response to the World Meteorological Organisation’s report showing alarming climate trends, including record carbon dioxide levels and ocean warming. Guterres urges global leaders to act […]
