South Africa Financial News

As we welcome the year 2024, it’s important to recognise its unique significance in the global political landscape. This year marks a pivotal moment, as 50 nations, including key players like the United States, United Kingdom, Russia, South Africa, and India, embark on the critical process of electing new governments. The democratic exercise of elections not only embodies the foundational principles of democracy but also exerts a profound influence on the corporate sector. The stability and predictability offered by consistent governmental policies are indispensable for fostering long-term economic growth.

Israel for carrying out genocide in Gaza and voiced support for South Africa's case against Israel at the UN's International Court of Justice. However, it was the first time he directly compared Israel's actions to the Holocaust. As per Israeli Prime Minister Benjamin Netanyahu, the remark “crossed a red line".

ALSO READ: IND vs ENG 3rd Test Highlights: Ravindra Jadeja, Yashasvi Jaiswal shine; India thrash England by 434 runs On the contrary, New Zealand have played 4 Test matches won 3, and lost one. Therefore its PCT percentage is 75. While, Australia played 10 Tests this season, where it registered 6 victories, 3 losses, and 1 resulted in a draw.

India on Sunday crushed the visiting England team in the third test. In the process, several records were broken, from most number of sixes to India's biggest win in terms of runs. 1) First of all, India broke its own record for most sixes in a Test series by any team, touching a total of 48 big hits in the ongoing three-match series. The team went past its own tally of 47 sixes in three Tests against South Africa at home back in 2019, a series which had three Test matches. With two matches left, India could score a lot more sixes and outdo its previous record by a huge margin. 2) Debutant Sarfaraz Khan also created a record. He had a memorable debut in the international arena during the third Test against England, becoming the only fourth Indian to score twin half-centuries on Test debut. In the match, Sarfaraz played a highly-attacking game, taking the spinners to attack. In the first innings, he scored 62 in 66 balls, with nine fours and a six. In the second innings, he scored 68* in 72 balls, with six fours and three sixes.

ALSO READ: India vs England 3rd Test: Bazball flops spectacularly as IND beat ENG with highest-ever victory margin of 434 runs Meanwhile, Yashasvi Jaiswal completed his 200 off 231 balls. Looking at some stats, with his double ton, Yashasvi has now become the only third Indian after Vinod Kambli and Virat Kohli to hit 200s in successive Tests. Apart from this, he also registered his name in the list of Indian legends who scored double hundreds in the second innings for India.

₹129 per share, with a face value of ₹10 per share. The issue price is 12.90 times of the face value of the equity share. The SME IPO is a a fixed price issue of ₹29.26 crores.

World Trade Organization (WTO) to lower the cost of cross-border remittances for promoting international trade. In a submission made on Tuesday, New Delhi said one of the means to achieve cheaper, faster and more transparent and accessible cross-border payments including remittances is «promoting interoperability and interlinkages of digital payment infrastructures including fast payment systems». «Cost of remittance is an issue we have been raising. There is also a Sustainable Development Goal (SDG) on this,» said an official.

South African Tourism Board on Friday said it is expecting to welcome 1 lakh tourists from India this year, breaching the pre-COVID level. It is focusing on travellers from tier II cities to tap the huge potential in the smaller cities. Click & check your eligibility for immigration Find out «We hosted over 79,000 Indian travellers in 2023, which is 82 per cent of the pre-Covid levels. In 2019, 95,000 Indian visitors travelled to South Africa, and this year, we are expecting the footfalls from India to cross 1,00,000 tourists.

Afghanistan all-rounder Mohammed Nabi on Wednesday became the oldest player to headline the ICC ODI all-rounders' list, ending Shakib Al Hasan's long reign at the top. There is little to no change at the top of the Test rankings with India's Jasprit Bumrah firmly perched at the top of the bowlers' list. India's Ravindra Jadeja, who is set to return in the third Test against England beginning Thursday, still led the way comprehensively in Test all-rounders' rankings. Nabi reached the No.1 spot following his 136 during the opening match of Afghanistan's three-match ODI series against Sri Lanka, while the 39-year-old also picked up a wicket in the same contest to gain one place and move to seventh on the latest rankings for ODI bowlers.

Nilesh Shah, MD of Kotak Mahindra AMC says there are mixed signals in the market for various segments. While there is a green signal for large caps, there are red signals for micro, mini-caps and SMEs. In an interview with Mint, Shah recommends investors should maintain a neutral allocation to equity with a long-term view while keeping some cash to increase exposure when valuation is cheaper.

Mint. This is significant development, given India plays a crucial role in the G20 as part of the leadership trio, including Brazil and South Africa, tasked with steering the organization's discussions and decisions throughout the year. The G20 meeting is set for 21-22 February, directly overlapping with the Raisina Dialogue, scheduled for 21-23 February.

Jharkhand keeper-batter Ishan Kishan's reluctance to play first-class cricket and focus only on the IPL could prompt the BCCI to make a minimum number of Ranji Trophy games mandatory for players in order to be eligible for the cash-rich league's lucrative auction pool. It has been learnt that BCCI brass has already instructed Kishan to play Jharkhand's last group league game against Rajasthan in Jamshedpur, starting February 16. The manner in which Kishan had skipped match after match after returning midway from South Africa tour citing «travel fatigue» hasn't exactly gone down well with men who matter in the Indian cricket establishment. More so after it was found that he is training in Baroda with his new MI skipper Hardik Pandya while his state team is languishing near bottom of group A table.

cricket, including the IPL, is crucial. For players like Ishan, who have chosen to prepare for the IPL over participating in the Ranji Trophy, this could mean a significant adjustment. Ishan’s absence from Jharkhand's lineup, following his release from the Indian squad, has sparked debates.

India Electronics & Semiconductor Association (IESA) and the India SME Forum- have supported the continuation of prohibition of imposing customs duties on electronic transmissions at the World Trade Organization (WTO), citing it to be important for supply chain resilience post Covid. The two industry bodies made this submission to the global trade watchdog as part of a consortium of around 170 global associations. The submission comes amid India and South Africa pushing hard for the prohibition to end as it leads to revenue loss and are keen on an outcome on the issue before the WTO's 13th ministerial conference (MC13) later this month. The moratorium on customs duties on electronic transmissions is in place since 1998. Around 105 countries, including the US, the UK, Australia, China, and Japan favour this prohibition. «Continuation of the moratorium is also important to supply chain resilience for manufacturing and services industries,» the associations said.

India vs Australia Live Score Updates, U19 World Cup Final: Ind vs Aus, The U19 Indian cricket team – led by Uday Saharan – is all set to face Hugh Weibgen-led Australian U19 cricket team in the final of the 2024 Under-19 World Cup at the Sahara Park Willowmoore Cricket Stadium in South Africa's Benoni on 11 February.India are U19 WC defending champions and have won the U19 World Cup title 5 times – 2000, 2008, 2012, 2018, and 2022. On Sunday, the Indian team will aim to create history by winning it for the sixth time.Both the finalists have arrived at this stage unbeaten.

world cricket committee (WCC) of the Marylebone Cricket Club (MCC), the custodians of laws of the game. The WCC met in Cape Town last week on the sidelines of SA20. In a statement, the Committee rued the lack of a series decider in the drawn series between Australia and West Indies following the visitors’ stunning win at the Gabba. India and South Africa too drew a fiercely contested two-match series in December.

Ravindra Jadeja captioned a graphic plate, which contained a message in Gujarati, on his X, which read, "All the things said in the nonsense interview are meaningless and untrue. It is a one-sided story and I completely deny the allegations. The attempts made to tarnish the image of my wife are truly reprehensible and unbecoming.

India and Australia will face off in the U19 Cricket World Cup final. India aims to secure back-to-back titles and currently holds the record for being the most successful team in the tournament with five trophies. Australia's journey to the final saw them clinch a thrilling victory against Pakistan in the semi-finals, with lower-order batter Oliver Peake playing a pivotal role by scoring 49 runs. On the other hand, India secured their spot in the final by defeating South Africa in a closely contested match, winning by two wickets.

Sri Lanka Cricket (SLC) today with immediate effect. On 10 November 2023, Sri Lanka Cricket (SLC) were suspended for violation of responsibilities as an ICC Member, in particular, "the requirement to manage its affairs autonomously and ensure that there is no government interference in the governance, regulation and/or administration of cricket in Sri Lanka." The ICC Board met on 21 November and it was decided that Sri Lanka can continue to compete internationally both in bilateral cricket and ICC events, but the ongoing U19 Men's Cricket World Cup was moved to South Africa, having initially been set to be played in Sri Lanka. The ICC Board has been monitoring the situation since the suspension and are now satisfied that SLC are no longer in breach of membership obligations.

What a day for the United Nations. Its International Court of Justice (ICJ) issued a preliminary ruling Friday in South Africa’s case against Israel that managed to be both outrageous and meaningless. At the same time, its special forever-refugee agency for the Palestinians, Unrwa, had to fire staff accused of involvement in Hamas’s Oct.

Indian men's hockey team continued its unbeaten run on the tour to South Africa, registering an easy 3-0 win over the hosts here. Captain Harmanpreet Singh (2nd minute), Abhishek (13th), and Sumit (30th) scored for the winners on Friday night.