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Category: Africa

South Africa Finance Minister to Appoint New Board at State Asset Manager PIC

South African Minister of Finance Enoch Godongwana

South Africa’s Finance Minister Enoch Godongwana has announced plans to appoint a new board for the Public Investment Corporation (PIC) following a wave of resignations at the state-owned asset manager. The decision comes as the institution faces increasing scrutiny over governance concerns and leadership instability. Multiple Board Members Resign According to the finance ministry, eight… Continue reading South Africa Finance Minister to Appoint New Board at State Asset Manager PIC

South African Court Pauses Impeachment Process Against President Cyril Ramaphosa

South African President Cyril Ramaphosa

A South African court has temporarily halted parliamentary impeachment proceedings against President Cyril Ramaphosa, delivering a significant legal victory for the country’s leader as he continues to challenge allegations linked to the controversial Farmgate scandal. The Western Cape High Court granted Ramaphosa an interim interdict on Friday, preventing Parliament’s impeachment committee from holding public hearings… Continue reading South African Court Pauses Impeachment Process Against President Cyril Ramaphosa

South Africa World Bank Loan Boosts Infrastructure

Development infrastructure and finance in South Africa

South Africa has secured a $1.5 billion loan from the World Bank to support key infrastructure projects aimed at improving public services, stimulating economic growth and creating new employment opportunities. The funding will help the government tackle long-standing challenges in critical sectors while supporting ongoing economic reforms designed to strengthen the country’s future. Investment in… Continue reading South Africa World Bank Loan Boosts Infrastructure

Zimbabwe Lithium Rail Route Boosts Exports

National Railways of Zimbabwe (NRZ)

Zimbabwe has taken another step towards strengthening its mining industry by introducing a new rail transport option for lithium exports to Mozambique’s Maputo Port. The move is expected to lower transportation costs, reduce pressure on road networks and improve the efficiency of exporting one of the world’s fastest-growing battery minerals. Rail Partnership Opens New Export… Continue reading Zimbabwe Lithium Rail Route Boosts Exports

Ethiopian Migrants on Saudi Death Row

Ethiopian Migrants

For many Ethiopian migrants Saudi authorities have imprisoned, each new day begins with uncertainty. Prisoners on death row say they never know when officials might call their names, while families back in Ethiopia wait anxiously for news that their loved ones are still alive. Several relatives say they receive little information about the legal status… Continue reading Ethiopian Migrants on Saudi Death Row