Economy
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Economy
The Group of Twenty (G20) South Africa
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.
BRICS member countries locked in trade discussions
Date:Jul 5, 2025
The BRICS member countries have been discussing improving trade relations at a time when the world is facing many economic challenges.
OPEC+ set to further speed up output hikes
Date:Jul 5, 2025
OPEC+ will likely agree to further accelerate oil output increases this Saturday at its first meeting since oil prices jumped, and then retreated, following Israeli and United States (US) attacks on Iran.
Namibia halts state funerals amid rising cost concerns
Date:Jul 5, 2025
Namibian government has imposed a temporary freeze on state-funded funerals, following growing public concern over the financial burden these ceremonies place on the national budget.
Guinea bauxite exports up 36% to 99.8 mln tons on Chinese demand
Date:Jul 4, 2025
Guinea's exports of bauxite, a feedstock for aluminium, jumped 36% to a record 99.8 million metric tons in the first half of 2025, driven by robust Chinese demand that offset declines from a regulatory crackdown, official data showed on Friday.
India proposes retaliatory duties at WTO against US tariffs on autos
Date:Jul 4, 2025
India has proposed retaliatory duties against the United States (US) at the World Trade Organisation (WHO), saying Washington's 25% tariff on automobiles and some auto parts would affect $2.89 billion of New Delhi's exports
Calls mount for SA government to prioritise unemployment crisis
Date:Jul 5, 2025
Calls are growing for the South African (SA) government to make addressing the country’s high unemployment rate a top priority.
Mozambique, Portugal deepen ties through green debt conversion talks
Date:Jul 5, 2025
Mozambican President Daniel Chapo is in Lisbon, Portugal for an official visit, as the two countries explore new avenues of co-operation, particularly the conversion of sovereign debt into green economy projects.
Equatorial Guinea urges world court to stop sale of seized Paris mansion
Date:Jul 5, 2025
Equatorial Guinea has turned to the International Court of Justice in a bid to stop the sale of a luxury mansion in Paris, seized by French authorities following the corruption conviction of the country’s Vice President.
French air traffic controllers’ strike enters second day
Date:Jul 4, 2025
A strike by French air traffic controllers entered its second day on Friday, leaving many passengers stranded at the start of Europe's peak travel season
Rand falls, US bill, tariff updates in focus
Date:Jul 4, 2025
The South African Rand fell on Friday as traders mulled the impact of United States (US) President Donald Trump's sweeping tax-cut and spending bill and as pressure mounted on countries to secure trade deals before the US' July 9 deadline.
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