Southern Africa

Cyril Ramaphosa introduced his restoration plan on Thursday, October 15, in entrance of each departments in Cape City. Because the nation faces mass unemployment, exacerbated by the coronavirus pandemic, the president intends to proceed his infrastructure funding plan to revive progress. as reported from Johannesburg, Claire…

In South Africa, the Covid-19 disaster has hit the aviation sector exhausting because the nation closed its borders for six months. The pandemic has ended the state-owned SAA, South African Airways, which was already in deep trouble after a few years of corruption. Since December, the airline has been in restoration and it has now suspended its operations. For the reason that presentation of the rescue…

If the global economy recovers, the rise to pre-crisis activity levels is likely to be long, erratic and uncertain, the International Monetary Fund said in its economic forecast released at its autumn meetings. . Return to activity will be particularly difficult for certain new and developing countries, where infections are growing rapidly. But also for the African countries that relied on their oil exports or tourism to come back. Sub-Saharan Africa could experience its first recession in 25 years. After 3.2% growth…

This killing revived racial tensions and triggered incidents last week. On Monday morning, the head of state, Cyril Ramaphosa, warned: "This incident shows how easily the fire of racial hatred can be rekindled." Ten days ago a young white farmer, 22, was murdered. Brendin Horn's body was found tied to a pole on his farm in Senekal, Free State province, 200 kilometers from Johannesburg. In the process, two black men were arrested. They are suspected of killing the farmer and stealing cattle. After the murder, white…

The government wants to promote the sensitive issue of land. When he came to power, President Cyril Ramaphosa had promised to speed up their redistribution to combat the inequalities inherited from apartheid. The hearings were delayed, but the government has finally detailed its future law on Sunday 11 October, which will soon be submitted to Parliament. It focuses on the issue of expropriation, the most controversial measure. as reported from Johannesburg, It is above all the question of compensation after these…

In Johannesburg, artist Reggie Khumaloa unveiled an exhibition inspired by her journey with the World Food Program (WFP) in Mozambique. The 33-year-old South African, who became prominent with his motorcycle trips across the continent, earlier this year followed the UN body, which has just been awarded the Nobel Peace Prize. He was able to meet victims of food insecurity, caused largely by climate…

The International Monetary Fund held a virtual meeting on Friday, October 9, on the impact of coronavirus in Africa in the presence of its CEO Kristalina Georgieva. According to the latter, economic support released in recent months is significant, but it remains insufficient to help the continent emerge from the crisis. According to the IMF chief executive, the institution has already released nearly $ 26 billion this year. This is ten times more than what the IMF releases on average each year for loans. But the needs…

The head of the South African bank VBS was sentenced to 10 years in prison. He is accused of plundering the economy of the poorest. It is one of the biggest corruption scandals in South Africa. On Wednesday, former CFO Philip Truter was the first to be convicted in the VBS case. VBS-mutual bank was nicknamed "the bank of the poor". Founded at the height of apartheid in 1982 in Venda, a former Bantustan far north in the country reserved by the white authorities for black communities, the bank housed the money for the most…

After six months of closure to limit the spread of coronavirus, South Africa is beginning to reopen its borders. A decision that only concerns international flights in relation to countries considered to be low risk. This is the first international flight to land at Johannesburg Airport in six months. This Thursday, October 1,…

South Africa has released its second quarter unemployment figures for the year. More than two million jobs have been lost while the country was under very strict containment. The official unemployment rate has dropped to 23%, but the figure from the National Statistics Agency is misleading because it does not take into account people who have given up on job search, the broader definition of…