Economy

The Group of Twenty (G20) South Africa

Date: Mar 4, 2025

SA has vowed to seize the moment to shape the agenda, influencing a paradigm shift whereby G20 countries will be required to situate inequalities at the heart of economic policy making.

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Trump's sweeping tax-cut, spending bill clears first US Senate hurdle

The Republican-controlled United States (US) Senate narrowly advanced President Donald Trump's, sweeping tax-cut and spending bill on Saturday.

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Six foreign nationals arrested in SA raid targeting counterfeit goods

Police in Bloemfontein, in South Africa’s (SA) Free State province, have arrested six foreign nationals and confiscated thousands of counterfeit goods during a two-day raid targeting illegal trade operations.

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IMF disburses about $448 million to Tanzania under two arrangements

The International Monetary Fund (IMF) has approved the disbursement of over $448 million to Tanzania following the successful completion of reviews under two financing arrangements.

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Trump cuts off US trade talks with Canada, shattering optimism over tariff deals

United States (US) President Donald Trump abruptly cut off trade talks with Canada on Friday over its tax targeting US technology firms.

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Botswana Govt, business person reach settlement in ‘Butterfly Case’

The government of Botswana and business person Bridgette Motsepe have reached a court settlement, concluding a protracted litigation over allegations made against her in what is now known as the “Butterfly case”.

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Nvidia insiders sold over $1 billion in stock amid market surge

Nvidia insiders sold over $1 billion worth of company stock in the past year.

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Egypt winds down wheat collection as purchases fall short of target, documents show

Egypt has begun shutting down some local wheat collection centres ahead of schedule, signalling that the harvest is nearing its end with purchases falling short of the government's target, according to a supply ministry document seen by Reuters.

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Intel's top strategy officer to depart this month

Intel's top Strategy Executive, Safroadu Yeboah-Amankwah, is departing the company, the latest change since Lip-Bu Tan took the chipmaker's helm in March, two people familiar with the matter told Reuters.

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Past meets present as PSG face Messi's Inter Miami at Club World Cup

When Paris St Germain meet Inter Miami in the Club World Cup last 16, it will mark a rare reunion of European football greats, all layered with old loyalties, recent regrets and the chance for Lionel Messi to settle a score.

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FC Barcelona sells bonds, restructures stadium-revamp debt

FC Barcelona said this Friday it was selling 424 million Euros ($498 million) in bonds as part of a deal to restructure the debt it contracted for its Camp Nou stadium renovation that allows it to postpone the first repayment to 2033 from 2028.

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