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.
Brazil, others to tap $1 billion industry decarbonisation programme
Date:Jun 13, 2025
Brazil, Egypt, Mexico are among seven middle-income countries chosen by multilateral lender the Climate Investment Funds (CIF) to tap a $1 billion programme to cut emissions from their industrial sectors.
G20 health meeting in Johannesburg highlights need for ‘day zero’ pandemic financing
Date:Jun 13, 2025
The urgent need for early-stage pandemic financing, referred to as “day zero financing,” was one of the key issues discussed on the final day of the 4th G20 Health Working Group meeting.
Ugandan power company Umeme records 2024 pre-tax loss of $167 million
Date:Jun 13, 2025
Ugandan private power company Umeme Limited made a pre-tax loss of 602.7 billion Ugandan Shillings ($167 million) last year, it said this Friday, as it made large provisions for the end of its distribution concession.
China plans to end tariffs on African imports in bid to boost bilateral trade
Date:Jun 13, 2025
China has pledged to remove import tariffs on goods from all 53 African nations with which it maintains diplomatic ties.
iPhone sales capture top spot in Chinese market in May: Counterpoint Research
Date:Jun 13, 2025
Apple's iPhone sales rose to the top spot in China in May.
SA government pushes cleaner use of coal amid emissions concerns
Date:Jun 13, 2025
South African (SA) government says it is developing measures to reduce harmful emissions from coal-powered stations, while still recognising coal’s role in maintaining the country’s energy stability.
Unilever workers accuse company of violating labour deal in Ivory Coast
Date:Jun 13, 2025
Employees at Unilever’s Ivory Coast branch have accused the multinational firm of disregarding their collective bargaining agreement as it moves to sell off its operations in the country.
Uganda advances in agricultural export reform
Date:Jun 13, 2025
Uganda is stepping up efforts to transform its agricultural sector, positioning itself as a key contributor within the East African Community (EAC), as the region seeks to unlock the full potential of intra-African trade.
Gold prices climb to highest level in over a month amid global uncertainty
Date:Jun 13, 2025
Gold prices have surged to their highest level in over a month as investors flock to safe-haven assets in the face of rising geopolitical tensions and deepening economic uncertainty.
SA Statistician-General challenges Capitec Bank CEO over unemployment claims
Date:Jun 13, 2025
South Africa’s (SA) Statistician-General, Risenga Maluleke, has challenged Capitec Bank Chief Executive Officer, Gerrie Fourie, to publicly present his methodology.
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