Economy

South Africa’s G20 presidency is focusing on securing climate finance to support developing nations in transitioning to cleaner energy sources amid global funding cuts.

The DRC conflict has claimed 7,000 lives since January, with ongoing violence, mass displacement, and calls for international intervention against rebel forces.

The UN Security Council demands Rwanda withdraw its troops from Congo, condemning the M23 offensive and urging diplomatic talks to prevent further conflict.

South Africa’s budget was postponed after a VAT hike dispute between ANC and DA. The delay raises concerns over economic stability and policy uncertainty.

The UN is seeking $6 billion in aid to fight Sudan’s hunger crisis, with famine conditions worsening and millions displaced due to ongoing conflict.

Mali’s Festival sur le Niger faced political and security concerns as the country shifts alliances and struggles to sustain its arts scene.

First Quantum Minerals is taking a cautious approach to selling a stake in its Zambian copper mines, prioritizing the right long-term partner over speed.

South Africa sends additional troops to Congo as violence escalates, raising fears of regional war and worsening the humanitarian crisis.

Egypt is rallying Arab nations against Trump’s Gaza resettlement proposal, warning it would violate international law and destabilize the region.

Volkswagen Africa exported a record 131,485 Polos in 2024, with South Africa’s Kariega plant driving production for Europe and Asia-Pacific markets.