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South Africa Starts Troop Withdrawal from DRC, First 249 Soldiers Home

South Africa's Military Withdrawal from the DRC: A Moment of Reflection In a recent announcement reported by Sputnik Afrique, South Africa’s Defence Minister, Angie Motshekga, warmly welcomed a contingent of 249 soldiers returning from duty in the Democratic Republic of the Congo (DRC). Her words resonated with both pride and poignancy as she extolled their “unwavering patriotism” in one of the African continent’s most tumultuous zones. It brings to mind the dual nature of military service—intense duty and the…

South Africa Tops With 17 Firms on Forbes’ Global Giants List

The economic landscape of Africa continues to evolve, and one of the markers of this transformation is the Forbes Global 2000 ranking. In 2025, 17 African companies made it to this prestigious list. South Africa leads the charge with an impressive 14 entries, followed by Morocco with 2, and Egypt with 1. This strong representation is more than just numbers; it tells a story of ambition, resilience, and strategic growth against a backdrop of global challenges. According to Forbes, the 2025 Global 2000 companies…

South Africa Faces $3.7B Stock Drop Amid Foreign Investor Exit

Understanding the Recent Trends in the South African Stock Market Recent reports highlight a significant trend: nearly double the $1.9 billion in outflows recorded from early 2023 to early 2024 have left the Johannesburg Stock Exchange (JSE). As the Reuters report emphasized, this growing apprehension among investors is striking, particularly given that the JSE remains one of the world's top-performing markets in 2023. How do we reconcile this dichotomy? According to Bank of America, South African equities…

South Africa Welcomes Record-Breaking Container Ship at Port

On June 9, an impressive ultra-large container vessel (ULCV), the MSC Rifaya, docked at Durban port, South Africa, making an unplanned stop for emergency repairs after its journey from Ashdod, Israel. This unexpected visit marked a significant moment in maritime logistics, showcasing the resilience and adaptability of South African shipping infrastructure. The MSC Rifaya, a colossal vessel nearly 400 meters in length, weighs over 200,000 metric tonnes. This immense ship holds a prominent place in the realm of…

Tanzania Seeks Greater Control Over Its Gold Resources Alongside Africa

In recent times, the landscape of gold mining in Africa has been evolving rapidly, as nations across the continent actively seek to assert more control over their natural resources. This journey toward resource nationalism is gaining momentum, and Tanzania stands at the forefront of this movement. A significant policy decision has just been made, placing Tanzania alongside other African countries that are reevaluating their relationships with foreign mining companies. With rising global gold prices, this initiative…

Impending Job Cuts Loom in Lesotho as U.S. Tariffs Take Their Toll

In a chilling warning, labor unions have revealed that up to 20,000 jobs in Lesotho hang in the balance, driven by the looming threat of a staggering 50 percent tariff hike from the United States. This situation brings to mind George Bernard Shaw’s words: “Progress is impossible without change.” Yet, for many in Lesotho, change feels more daunting than progressive. Until the Trump administration's controversial imposition of new tariffs, Lesotho enjoyed duty-free status under the African Growth and Opportunity Act—an…

Over 10,000 South Africans Face Homelessness Following Devastating Floods

In recent weeks, typhoons of unrelenting rain and ferocious winds have swept through our province, inflicting not just damage but heartbreak. As communities grapple with loss, the government, in collaboration with municipalities and private partners, is mobilizing to deliver crucial relief and recovery services. The tragedy has claimed 78 lives across various districts, leaving behind a trail of sorrow and upheaval. What does it take to rebuild after such devastation? The answer lies in a blend of resilience, teamwork, and…

Elon Musk Explores the Possibility of Launching SpaceX from South Africa

The conversation about space exploration and technology has taken an intriguing turn with the interest of Elon Musk, the world’s wealthiest individual, in the Denel Overberg rocket test site near Arniston, just outside Cape Town. This site could potentially become a launch pad for SpaceX operations, which raises various questions about the future of space activities in South Africa. Developed by the Aerospace Systems Research Institute at the University of KwaZulu-Natal, the Overberg site has demonstrated its…

Five African Nations Join EU’s Money Laundering Blacklist

The Recent Update to the EU Financial Blacklist: Implications for Africa The European Union (EU) has recently revised its financial blacklist, introducing five African nations—Algeria, Angola, Côte d’Ivoire, Kenya, and Namibia—into a category that raises serious concerns about deficiencies in their anti-money laundering and counter-terrorism financing systems. This update signifies that these countries are now classified as high-risk jurisdictions. As a result, EU financial institutions must exercise enhanced due…

Burkina Faso’s Military Government Seizes Control of Five Gold Mines

Burkina Faso has taken a monumental step toward asserting control over its natural resources by officially transferring five gold mining assets to its state-owned mining company. This move marks a pivotal moment in the nation’s efforts to enhance its sovereignty and economic position in the global mining industry. This transition was confirmed through a decree published late Wednesday, signaling the completion of a process that began in August 2023. The government’s actions reflect a growing desire to centralize management…

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