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South Africa will tread water with 'austerity' budget

Location:

SOUTH AFRICA

South Africa's national budget.

South African treasury changes may undermine targets

Location:

SOUTH AFRICA

Since Gigaba controversially replaced Pravin Gordhan in March, the National Treasury has made a series of key personnel changes, including the position of chief procurement…

South Africa faces structural reforms commitment tests

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SOUTH AFRICA

That is well above the less than 1% average growth rate over the past eight years but little more than half the IMF’s forecast for global recovery, reflecting South Africa’s…

South Africa policy cracks complicate economic plans

Location:

SOUTH AFRICA

South African reform dillemmas.

Wage talks aggravate South Africa’s Eskom reform woes

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SOUTH AFRICA

The contest over wages is a proxy for unions’ broader resistance to the turnaround plan to address Eskom’s parlous financial and operational situation. The outcome will affect…

South Africa's parastatals face growing turmoil

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SOUTH AFRICA

This comes amid reports that the state-owned airline will shortly receive a 10-billion-rand (760-million-dollar) bailout from the government, with almost 7 billion rand in debts…

Incumbent will likely win Maldives presidential poll

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MALDIVES

President Ibrahim Mohamed Solih of the Maldivian Democratic Party (MDP) aims to secure a second five-year term. The other nominees include a member of a recently formed party…

China complements Africa ties with multilateral push

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CHINA/AFRICA

China's multilateral approach in Africa.

Greylisting underscores South Africa reform imperative

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SOUTH AFRICA

Some deficiencies were detailed in a 2021 FATF report and in October 2021 the country was given 18 months to remedy them or face greylisting. Greylisted states face tougher due…

COVID-19 corruption will complicate Ramaphosa's agenda

Location:

SOUTH AFRICA

His comments come amid rising public anger at corruption allegations implicating ANC officials and associated elites, reaffirming long-standing perceptions that the party is not…