South Africa Financial News

03.11 / 08:37
markets FIVE Digital Ball Strategy Experts testing I was not at my best as captain in leading the team: Rohit Sharma after Team India's 'terrible' performance against New Zealand
New Zealand on Sunday, Indian team captain Rohit Sharma admitted that he had not been at his best in leading the team. «This was an unfortunate series where we tried certain things that did not come off. I was not at my best as captain in leading the team as well as with the bat also,» said Sharma after the match. New Zealand completed an unprecedented 3-0 series sweep in India as the Black Caps dismissed the hosts for 121 on a tricky wicket to secure a 25-run victory on day three of the third and final test in Mumbai on Sunday.
01.11 / 04:07
markets security Strategy wellness Cummins stars Schools IPL 2025: Most expensive player retentions revealed
Indian Premier League (IPL) franchises announced their list of player retention on Thursday, October 31, ahead of the highly anticipated 2025 mega-auction. With franchises eager to secure their core talents, an impressive amount was spent to retain top players, including some rising stars. Notably, Punjab Kings took a conservative approach, retaining only two players, while other teams kept their essential players intact. The auction is scheduled for November and December, where franchises will look to fill the remaining slots. Rajasthan Royals (RR) committed to retaining six key players, leaving them with a remaining purse of Rs 41 crore for the auction. In contrast, Punjab Kings (PBKS) enter the bidding with a hefty Rs 110.5 crore, positioning them well to compete for high-value players. South African wicketkeeper-batter Heinrich Klaasen emerged as the most expensive retention, with SunRisers Hyderabad (SRH) valuing him at Rs 23 crore. Meanwhile, Virat Kohli secured his position as the priciest Indian player, with Royal Challengers Bangalore (RCB) allocating Rs 21 crore to retain him.
29.10 / 13:41
markets UPS Food Trade PAM International Despite profit rise, inflation woes linger for Marico
Marico Ltd, which beat estimates in Q2, flagged concerns regarding food price hikes and retail inflation on Tuesday in its Q2 exchange filing. The homegrown FMCG further noted that these concerns will be monitored in the near term. However, the company expects encouraging demand trends owing to above-normal monsoon season, the Centre's budgetary allocations towards boosting the rural economy and upcoming festive season. «Amidst the backdrop of improving macro-indicators, we expect a gradual uptick in the growth of our core categories in the domestic business through the ongoing initiatives to enhance the profitability of our General Trade (GT) channel partners and transformative expansion in our direct reach footprint under Project SETU,» it said in its filing.
28.10 / 10:35
UPS Food DISH Instagram country beautiful A viral café from London opens in India
Subscribe to enjoy similar stories. With every restaurant opening, there seems to be a renewed focus on aesthetics, signifying they’re catering to diners who eat with their camera first. This month, one of the pioneers of the Instagram café phenomenon unveiled its first outlet in India.
27.10 / 17:19
Man CEO Tesla President students reports Schools Biden calls out Musk over a published report that the Tesla CEO once worked in the US illegally
President Joe Biden has slammed Elon Musk for hypocrisy on immigration after a published report that the Tesla CEO once worked illegally in the United States
26.10 / 20:13
markets Netflix Sony film Experts country rights Harold and the Purple Crayon: What we know about streaming release date in US and other regions
Harold and the Purple Crayon, which is based on the beloved book by Crocket Johnson, will soon be available for streaming on Netflix. The film follows Harold, a young boy who creates magical adventures with his purple crayon.
25.10 / 14:53
markets Citizens Progressive Strategy Sustainability Experts inclusion India's DPI figures in global conversations around inclusive, scalable infrastructure: Experts
Digital Public Infrastructure (DPI) is now part of global conversations around inclusive and scalable infrastructure, and its blueprint can offer others an opportunity to harness technology for improving the lives of citizens, according to experts. Primus Partners, in association with iSPIRT, organised a DPI roundtable that saw key stakeholders such as senior bureaucrats, diplomats, policymakers, industry leaders and thought leaders discussing India's leadership in advancing DPI and its crucial role in driving socio-economic transformation. Delivering keynote address, G20 Sherpa Amitabh Kant noted India's remarkable leap in becoming the voice of the Global South in DPI, and in achieving in 9 years what would have taken 50 years, otherwise. «This sentiment was echoed during India's G20 Presidency, where countries reached a common consensus that DPIs are essential for equitable development and to improve the lives of citizens, especially in the global south,» he said.
23.10 / 21:43
Cooper Action economy President country peace Financial cooperation and BRICS expansion are on the table as Putin hosts Global South leaders
Russia’s President Vladimir Putin is hosting China’s Xi Jinping, India’s Narendra Modi and other world leaders at a summit of the BRICS bloc of developing economies, part of Kremlin efforts to challenge Western global clout
23.10 / 13:13
FIVE Cooper economy Sustainability President country International President Xi Jinping asks BRICS to respond to requests of countries to join bloc
Xi Jinping said Wednesday that the ongoing BRICS summit here has decided to invite a number of nations to become partner countries and called on the grouping to actively respond to the requests of countries of the Global South to join the bloc. BRICS consisting of Brazil, Russia, India, China and South Africa has now expanded with five additional members — Egypt, Ethiopia, Iran, Saudi Arabia, and the UAE. In his speech addressing the 16th BRICS Summit, Xi said the summit has decided to invite a number of nations to become partner countries, China's state-run Xinhua news agency reported. He hailed the decision as another important development in the course of BRICS development.
23.10 / 04:27
markets UPS Sustainability wellness Trade Schools Maersk raises guidance again as Red Sea attacks boost rates
global trade, increased its full-year guidance for a fourth time in less than six months, citing stronger demand and higher freight rates caused by supply chain disruptions from attacks in the Red Sea. Maersk now sees underlying earnings before interest, tax, depreciation and amortisation of $11 billion to $11.5 billion this year, topping both its prior forecast range and the average $10.1 billion estimate of analysts surveyed by Bloomberg. Maersk had already raised its 2024 profit forecast in May, June and August, as the Red Sea conflict was having a larger than previously expected impact on the world’s supply lines. The Houthi attacks have since late last year forced container vessels to sail south of Africa, absorbing some of the overcapacity in the container industry, which in turn has helped boost container rates.
22.10 / 14:45
markets Reuters Digital country reports International Will Vladimir Putin do at BRICS what America dreads the most?
BRICS Summit 2024 at Kazan in Russia will be watched keenly by the United States. The BRIC grouping, including Brazil, Russia, India, and China, was formally started in 2006. In 2009, the first BRIC Summit was held in Russia.
22.10 / 13:41
UPS security Mobile President country 2020 India-China ties may see thaw four years after border skirmish froze relations
Subscribe to enjoy similar stories. NEW DELHI—India and China have reached a breakthrough in discussions over their disputed Himalayan border, signaling room for improved ties after a high-altitude skirmish froze relations between the Asian giants. The two countries have arrived at an arrangement to resume patrolling along their de facto border, said India’s Foreign Secretary Vikram Misri on Monday.
22.10 / 09:51
FIVE Trade country isolate rights Relationships Taiwan rejects South African demand to move its representative office from capital
Taiwan has rejected South Africa’s demand that it move its representative office in the country from the capital, Pretoria, to the commercial center of Johannesburg
22.10 / 09:51
Citi Action economy President country isolate Putin hosts Global South leaders at BRICS summit intended to counterbalance Western clout
China’s Xi Jinping, India’s Narendra Modi and other global leaders have arrived in the Russian city of Kazan for a summit of the BRICS bloc of developing economies that the Kremlin hopes to turn into a rallying point for defying the Western liberal order
22.10 / 06:01
markets FIVE Cooper President country International President Xi Jinping leaves for Kazan to attend BRICS summit
Xi Jinping on Tuesday left for Russia to attend the BRICS summit where he is expected to meet leaders of the member countries, including Prime Minister Narendra Modi on the sidelines. Xi will articulate China's vision for «greater cooperation» of the BRICS bloc, which has now expanded to 10 members, and «open a new era for the Global South to seek strength through solidarity» at the three day summit. The summit of Brazil, Russia, India, China and South Africa (BRICS), which now has expanded with five additional members Egypt, Ethiopia, Iran, Saudi Arabia, and the UAE, is being held in the Russian city of Kazan, about 900 km east of Moscow, from October 22 to 24. Xi left Beijing for the 16th BRICS Summit in Kazan at the invitation of Russian President Vladimir Putin, state-run Xinhua news agency reported.
22.10 / 01:59
markets Digital President country reports Putin to meet PM Modi, other leaders on sidelines of BRICS Summit: Russian presidential aide
BRICS Summit in Russia's Kazan, Russian President Vladimir Putin will hold meetings with Prime Minister Narendra Modi, Turkiye President Recep Tayyip Erdogan, Palestinian President Mahmoud Abbas, and UN Secretary-General Antonio Guterres, TASS reported citing the Russian president's foreign policy aide, Yury Ushakov. Speaking to reporters, Ushakov stated that the meetings will start on October 22. He said Putin will have a meeting with New Development Bank President Dilma Rousseff. Following his talks with Rousseff, Putin will hold a meeting with PM Modi and later with South African President Cyril Ramaphosa. Furthermore, Putin's meetings are also planned with Chinese counterpart Xi Jinping and Egyptian President Abdel Fattah al-Sisi, according to TASS report.
21.10 / 17:39
markets Strategy Experts PAM testing Schools cricket Ishan Kishan returns, Ruturaj Gaikwad named captain of India A team for Australia tour
Ishan Kishan returned to the national reckoning as he was on Monday named in a 15-member India A squad, to be led by Ruturaj Gaikwad, for the upcoming tour of Australia. Fresh from his fine hundred against Mumbai in the Ranji Trophy, Maharashtra's Gaikwad was named captain of the India A team. India A will play two first-class matches against Australia A in Mackay and Melbourne and then take part in a three-day intra-squad game against the senior India team in Perth. Apart from Gaikwad, the squad also includes other opening batters like Abhimanyu Easwaran and Sai Sudharsan, as India will likely need to name a reserve opener in their Test squad for the upcoming tour of Australia, with captain Rohit Sharma set to miss one of the first two matches of the Border-Gavaskar Trophy for personal reasons.
21.10 / 15:19
markets Cooper security economy Trade country BRICS Kazan Summit: Evolution and expansion over the years
BRICS Summit will take place in Kazan, Russia on 22nd-24th October, 2024. The Theme of the Meeting is «Strengthening Multilateralism for Just Global Development and Security”. The main objectives of the 2024 BRICS Summit are to promote cooperation and partnership in politics and security, economy and finance, and cultural and humanitarian ties.
21.10 / 05:35
President War country International Putin hosts a summit in a bid to show the West it can't keep Russia off the global stage
In the coming days, Russian President Vladimir Putin will be shaking hands with multiple world leaders, including those from China, India, Turkey and Iran
20.10 / 11:23
markets Digital Sustainability Experts Schools cricket New Zealand W vs South Africa W T20 Live Streaming: Where and how to watch Women's T20 World Cup final
New Zealand and South Africa in the Women's T20 World Cup in Dubai on Sunday. No South African or New Zealand — be it men or women — team has ever won a world cup. In the women's tournament, Australia have won six of the eight editions and South Africa beating them in the semi-final was historic in many ways. England in 2009 and the West Indies in 2016 are the only teams that have managed to win the tournament. The final is expected to be a fitting conclusion to a tournament that has showcased a mix of excellent and average cricket, following its relocation to the United Arab Emirates due to political issues in Bangladesh.

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