South Africa Financial News

Toyota Motor Corporation on Friday announced a regional restructuring with India being integrated into its 'Middle East, East Asia & Oceania Region' operations and slotting the country to act as the hub of the new geography. As part of this development, Masakazu Yoshimura, MD and CEO of Toyota Kirloskar Motor (TKM) — the company's joint venture in India with the Kirloskar group — will concurrently be the Regional CEO, Toyota Motor Corporation (TMC) said in a statement.

T20I match. Despite these struggles, support for Krishna remains. Ruturaj Gaikwad, who scored an unbeaten 123 off 57 balls, defended Krishna in the post-match press conference.

cricket match in Guwahati, Australian batter Glenn Maxwell delivered a stunning performance in the final over. Needing 21 runs from 6 balls in the third match of the series, Maxwell scored 18 off the last four balls. It included a six and three fours, clinching a dramatic win for Australia.

The owner of two a south-central Montana precious metals mines is stopping work on an expansion project and laying off about 100 workers because the price of palladium fell sharply in the past year

Rohit Sharma and star batter Virat Kohli will not be participating in the 3 T20Is and 3 ODIs. "Mr. Rohit Sharma and Mr.

BCCI informed that KL Rahul will lead the Indian team or the three-match ODI series against the Proteas. In the meantime, BCCI Secretary Jay Shah informed that both senior Indian players – Rohit Sharma and Virat Kohli – had requested the Board for a break from the white-ball leg of the tour. Also, the board informed us, that Mohammed Shami is currently undergoing medical treatment and his availability is subject to fitness.

Suryakumar Yadav, leading the Indian team in the ongoing T20I series against Australia, will continue as captain for the upcoming three-match T20I series against South Africa starting on December 10 in Durban. KL Rahul will take on the captaincy role for the three-match ODI series against South Africa. The BCCI selection committee also named Jasprit Bumrah as Rohit Sharma's deputy in the two-Test series commencing on December 26 in Centurion, where Rahul will handle wicketkeeping duties. «The Men's Selection Committee met in New Delhi on Thursday to pick Team India's squad for the upcoming all-format tour of South Africa.

Ervin Tu, interim CEO of technology investor Prosus and its South African parent Naspers, said that the firm is working every day to improve returns on its edtech portfolio. He added that investments in companies such as Byju’s and Stack Overflow, which are struggling, have not affected its overall belief in the sector. Tu was addressing analysts as part of Prosus’s second-quarter earnings call for FY24, from New Delhi.

Forbes has released its latest “30 Under 30” list in Finance, featuring a significant number of leaders from the cryptocurrency and blockchain industries, highlighting their growing influence in the financial sector.

World Cup, the final of the 2023 ICC World Test Championship and the ODI World Cup final clash. Despite these achievements, India's trophyless run in ICC events continued, with a recent loss to Australia in the ODI World Cup final at the Narendra Modi Stadium. Suryakumar Yadav has been handed the leadership role for the T20I series against Australia.

A South African company will make vaginal rings that protect against HIV, which AIDS experts say should eventually make them cheaper and more readily available

persuading people to get tested is hard. People with HIV may experience no symptoms for years, and men are often reluctant to visit a clinic when they feel well. As for prevention, condoms work, but only when people use them, which many don’t.

cricket team, ESPNcricinfo reported. Dravid had a two-year term that concluded recently with the ODI World Cup. The legendary Indian cricketer took over from Ravi Shastri after the 2021 T20 World Cup.

a sensational win in the third match of the T20I series. This performance in the final over saw Krishna concede a total of 23 runs. Krishna ended up with a record he'd rather not have.

A mine operator says an elevator suddenly dropped about 650 feet while carrying workers to the surface in South Africa, killing 11 and injuring 75

BCCI is likely to offer another two-year contract to Rahul Dravid but, as of now, the governing body wants the head coach to guide the team during the tour of South Africa as the modalities are being worked on. Dravid, under whose coaching India finished runners-up in both the World Test Championship (WTC) and the ODI World Cup, has had a good record in the past two years and many people in the BCCI believe that keeping him would allow the senior team to have continuity. India will tour South Africa between December 10, 2023, and January 7, 2024 for three each T20Is, ODIs and two Test matches.

PTI quoted Kapil as saying on the sidelines of the inaugural tee-off ceremony of the Kapil Dev Grant Thornton Invitational golf tournament. ALSO READ Bulaye nahi hume: Kapil Dev claims BCCI ‘forgot’ to invite him to 2023 World Cup final, netizens say ‘pathetic!’ Before Australia turned the tables on them at the Narendra Modi Stadium on November 19, India won 10 games, most of which were lopsided as contests. India has lost seven knock-out games out of eight ICC tournaments for the past 10 years that they took part in between 2014 to 2023.

ArcelorMittal South Africa Ltd on Tuesday said it plans to shut down its long steel operations due to weak demand and persistent infrastructure problems, which will result in layoff of around 3,500 jobs. In a statement, the steelmaker said that steel consumption in Africa's most advanced economy has fallen 20% over the past 7 years, due to limited infrastructure spend and project delays. South Africa's persistent rail logistics problems and an intensifying electricity crisis had also added costs to the business, ArcelorMittal South Africa added.

AFP looks at 10 standout numbers: The number of people around the world displaced by conflict or humanitarian crises was already at a record high before the Israel-Gaza war began on October 7, adding to the misery. By the end of September, 114 million people had been driven from their homes by wars in Ukraine, Sudan, Myanmar and the Democratic Republic of Congo and a humanitarian crisis in Taliban-run Afghanistan, among other factors, according to UN refugee agency the UNHCR. They have since been joined by at least 1.7 million Gazans. One heat record after another tumbled in 2023, which is on course to be the hottest year on record, according to the European Union's climate monitor Copernicus. The northern hemisphere had its hottest summer ever and temperature records were also smashed in the southern winter, with the Argentinian capital Buenos Aires experiencing its warmest August 1 on record at 30 degrees Celsius. Defending champions South Africa won a nail-biting final 12-11 against New Zealand in the Rugby World Cup, to claim a record fourth title and seal the growing role of rugby — once the sport of the white minority under apartheid — as a unifying force in multiracial South Africa. «People who are not from South Africa don't understand what it means for our country. It is not just about the game.

commerce ministry is working to address issues related to non-tariff barriers and market access for domestic products in sub-Saharan African countries like Nigeria, Ethiopia, Ghana and Gulf nations to boost India's exports, an official said. The official said meetings have been held with Indian missions of the sub-Saharan African countries with which India has significant bilateral trade. The major trading partners of India in that region in 2022-23 were South Africa (total trade USD 18.9 billion, exports USD 8.5 billion); Nigeria (USD 11.85 billion, exports USD 5.15 billion); Togo (USD 6.6 billion, exports USD 6 billion), and Tanzania (USD 6.5 billion, exports USD 3.93 billion). The other countries were Mozambique (USD 5 billion, exports USD 2.5 billion); Angola (USD 4.22 billion, exports USD 621 million); and Kenya (USD 3.4 billion, exports USD 3.2 billion). «A virtual meeting with Indian Mission of top 10 countries (bilateral trade-wise) in sub-Saharan African region was held in September to discuss the overall economic and commercial relations with those countries, export performance and non-tariff barriers which are acting as impediments to bilateral trade and enhance exports,» the official said. A similar meeting was also held with Indian Missions in GCC countries. GCC is a union of six countries in the Gulf region — Saudi Arabia, the UAE, Qatar, Kuwait, Oman, and Bahrain.

outgoing Consul General in New York, Randhir Jaiswal, has said he has endeavoured to «tell the world what India means to the world today» as the Indian-American community members lauded his efforts to boost bilateral ties and organised receptions to bid him farewell. Several diaspora organisations have been hosting farewell receptions in and around the city in honour of Jaiswal, who will soon leave for Delhi where he will assume his new role as the Official Spokesperson, Ministry of External Affairs.