Business and Finance

During the G20 Foreign Ministers' Meeting held in Johannesburg, President Cyril Ramaphosa made a compelling case for a more inclusive and cooperative global community. This moment is particularly momentous as South Africa steps into the G20 Presidency for the first time, a milestone that amplifies the nation's voice on the world stage. In his address, Ramaphosa highlighted the profound significance of convening the G20 Leaders' Summit in Africa, emphasizing that the continent is not just a place rich in cultural diversity…

In 2002, the European Union instituted sanctions against Zimbabwe’s defense sector, a move triggered by instances of electoral malpractice and human rights violations. The EU's embargo specifically targets arms shipments rumored to support internal repression. This decision was solidified following a European Council meeting held on February 18, signaling a persistent commitment to uphold human rights and democratic values. The European Union’s approach to these restrictive measures has been gradual, aimed at fostering…

On the horizon looms a pivotal moment for South Africa’s fiscal landscape as Finance Minister Enoch Godongwana prepares to present the much-anticipated 2025 Budget Speech. This speech is more than just a financial outline; it serves as a reflection of the government's priorities, intricately aligned with President Cyril Ramaphosa's recent State of the Nation Address. The task ahead is daunting: how to strike a balance between fostering economic growth and providing essential social support, all while navigating the…

A recently published study raises an urgent alarm about the precarious status of the world’s peatlands. Described as "dangerously under-protected," these landscapes are not just patches of soggy earth; they are crucial players in our ecosystem. Covering a mere 3% of the Earth's surface, peatlands store more carbon than all of the world's forests combined. Yet, their significance often goes unnoticed. Why is this? Perhaps it's our tendency to overlook the quiet, steadfast guardians of carbon storage. Peatlands serve multiple…

In recent years, the landscape of global funding has been tumultuous, prompting African nations to grapple with the consequences of dwindling foreign aid. The ripple effects of changes in American policy, particularly under the Trump administration, pose a grave threat to essential health, education, and economic stability initiatives crucial for various countries on the continent. A notable example is President Donald Trump's executive order, which quelled new government spending on foreign assistance for a staggering 90…

As South Africa navigates its complex socio-political landscape, President Cyril Ramaphosa’s recent address during the State of the Nation Address (SONA) debate struck a resonant chord focused on unity and collaborative nation-building. In a world fraught with challenges, he urged the nation to stand resilient against what he described as a “harsh global wind.” One might wonder—how does a country, rich in diversity and potential, find common ground amid such pressing issues? Ramaphosa emphasized the pivotal role of the…

Amid growing discontent, activists have stepped forward, prominently featuring King Okabi from the Ogale community, urging an end to Shell's reckless pollution practices in the Niger Delta. As the legal battle commences between the Ogale and Bille communities and the oil giant, the call for accountability has never been louder. For over six decades, the Niger Delta has suffered under the weight of Shell's negligence. The company’s aging and poorly maintained pipelines have unleashed a torrent of environmental degradation,…

In a heart-wrenching turn of events, the government has officially categorized the recent tragic collision on the Masvingo-Beitbridge highway as a national disaster. This devastating incident, which has left a profound mark on the community, resulted in the loss of 24 lives. The accident unfolded near the Lutumba tollgate, a junction typically bustling with activity. In a catastrophic moment, a bus operated by Urban Connect, en route to Beitbridge, collided with a truck laden with magnesium headed for Chirundu. The…

The recent takeover of Goma, the provincial capital of North Kivu, by the M23 armed group has captured global attention, reigniting discussions about the tumultuous conflict in the Democratic Republic of Congo. While many media outlets hastily attribute the turmoil to a desire to exploit the area’s abundant mineral resources, an analysis from The New Humanitarian reveals a far more intricate web of causes. The narrative framing the conflict as a mere scramble for minerals paints an oversimplified picture. It’s alluring to…

For nearly a month now, the judicial system has come to a standstill, with magistrates resolute in their decision to abstain from their duties. This protest stems from persistent grievances regarding subpar working conditions and insufficient salaries. As a result, countless court cases have languished in limbo, leaving many seeking justice in a precarious state of uncertainty. The National Trade Union of Magistrates, known as SYNAMAG, has voiced strong disapproval toward the government’s apparent neglect of the judiciary.…