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Western Cape Finance and Economic Opportunities on World Bank report

World Bank report ranks South African ports, including Port of Cape Town, at bottom of the listAt a position of 347 out of 351, the World Bank has placed the Port of Cape Town at the bottom of a list assessing global container port performance, ranking...

Minister Lindiwe Zulu: Social Development Dept Budget Vote 2021/22

Budget Vote 19 Speech by the Minister of Social Development, Ms Lindiwe Zulu, MP to the National AssemblyHonourable Chairperson of the National Assembly;Chairperson and Members of the Portfolio Committee on Social Development;Deputy Minister of Social ...

Reserve Bank commences feasibility study for general-purpose retail central bank digital currency

The South African Reserve Bank (SARB) has embarked on a study to investigate the feasibility, desirability and appropriateness of a central bank digital currency (CBDC) as electronic legal tender, for general-purpose retail use, complementary to cash. ...

Minister Khumbudzo Ntshavheni delivers 2021/22 Small Business Development Budget Vote, 25 May

Department of Small Business Development delivers budget vote 36 virtuallyThe Department of Small Business Development led by Minister Khumbudzo Ntshavheni will deliver Budget Vote 36 on Tuesday, 25 May 2021. Minister Ntshavheni will use the platform t...

African Development Bank Board approves water policy

The Board of Directors of the African Development Bank Group has approved a new policy on water, prioritizing water security and the transformation of water assets to foster sustainable, green and inclusive economic growth in regional member countries....

France Announces Support to Sudan during Africa Financing Talks

France said it will cancel $5 billion in debt Sudan owes it, and Germany also offered assistance, during back-to-back Paris financing summits targeting Khartoum’s democratic transition and Africa’s economic rebound from the coronavirus pandemic.The tw...

President arrives for the Summit on Financing for African Economies

President Cyril Ramaphosa has this morning , 17 May 2021, arrived in Paris, France, to participate in the Summit on the Financing of African Economies. At the invitation of President Emmanuel Macron of the French Republic, the President will join sever...

President Cyril Ramaphosa arrives for the Summit on Financing for African Economies

President Cyril Ramaphosa has this morning , 17 May 2021, arrived in Paris, France, to participate in the Summit on the Financing of African Economies. At the invitation of President Emmanuel Macron of the French Republic, the President will join sever...

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Repo Rate Remains Unchanged at 6.75 Percent: Bank of Namibia’s Decision to Safeguard Currency Peg

Windhoek: The Bank of Namibia (BoN) has maintained the repo rate at 6.75 percent for the next two months. The central bank announced this decision on Wednesday, stating that the unchanged rate aims to sustain the peg between the Namibian Dollar and th...
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Ethiopia and Kenya Sign Memorandum to Boost Border Trade

Addis Ababa: Ethiopia and Kenya have signed an implementation memorandum of agreement to facilitate trade relations between the two countries and ensure that people living in the border area can access essential daily commodities without any supply di...

Value Addition on Rice Key to Boosting Income and Nutrition in Kenya

Nairobi: Paddy rice production in Kenya has doubled over the past six years, increasing from 116,000 metric tons in 2018 to 244,000 metric tons in 2023. However, the national rice self-sufficiency rate remains below 20 percent, indicating a continued ...

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Russia-Ukraine conflict: Oil prices sink as US considers tapping reserves, stocks struggle

LONDON— Oil prices tumbled Thursday on reports that the United States is considering tapping its reserves to combat a supply crisis sparked by the Ukraine war. However, equities struggled to build on the week’s rally after Russia poured cold water on ...

Pixley Ka Seme District Celebrates Exceptional Police Service at Annual Excellence Awards

NORTHERN CAPE: The Pixley Ka Seme District, under the leadership of District Commissioner Maj Gen Nomana Mtukushe, hosted its annual District Excellence Awards on November 10, 2023, at the De Aar Town Hall. The event recognized and celebrated the outst...

UNICEF South Africa COVID-19 Situation Report No. 16, as of 1-31 May 2021

Highlights • UNICEF is supporting the COVID-19 vaccination roll-out through direct...