Economy

SA’s consumer watchdog flags health risks at rural supermarkets

National Consumer Commission (NCC) of South Africa (SA) has raised alarm over the continued disregard of the Consumer Protection Act (CPA) by several independently owned supermarkets operating in rural and peri-urban parts of the country.

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Dollar trims gains against Euro, Yen as US tariff deadline looms

The Dollar pared gains against the Euro and Yen on Friday after United States (US) President Donald Trump got his signature tax cut bill across the final hurdle and pressure mounted on countries to secure trade deals with the US.

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Oil falls as Iran affirms commitment to nuclear treaty

Oil futures fell on Friday after Iran reaffirmed its commitment to nuclear non-proliferation and amid expectations that major producers are set to agree to raise their output this weekend.

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SA seeks global south solidarity as BRICS gathers in Brazil

South Africa (SA) is using this year’s BRICS summit in Rio de Janeiro to deepen its alignment with other emerging economies, as it prepares to host the G20 summit in Johannesburg later in the year.

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Major Rwandan coltan exporter bought smuggled minerals: UN Report

Rwandan company Boss Mining Solution bought minerals smuggled from rebel-held areas of the neighbouring Democratic Republic of Congo (DRC).

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China urges caution on assisted driving technology

China's automakers are outpacing foreign rivals in their push for assisted-driving technology, eager to woo motorists hungry for rapid innovation. Yet, Beijing has a nuanced message for its rising stars, ‘move fast but be careful’.

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European shares edge lower as US tariff deadline looms

European shares edged lower on Friday, as investors weighed uncertainty over United States (US) trade deals, with the July 9 deadline fast approaching

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Namibia’s President thanks EU for continued development support

Namibian President Netumbo Nandi-Ndaitwah has expressed gratitude to the European Union (EU) for its continued support in key sectors of the country’s development, including agriculture, energy, governance, and education.

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World's biggest climate fund ramps up investment plans

The world's biggest multilateral climate fund said it will make its largest ever series of investments and speed up dealmaking as it looks to help poorer nations respond to global warming.

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'BRICS to launch guarantee fund to boost investment in member nations'

The BRICS group of developing nations is set to announce a new guarantee fund backed by the New Development Bank (NDB) to lower financing costs and boost investment, two people familiar with the matter told Reuters.

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