South Africa Financial News
30.09 / 09:09
30.09 / 06:25
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Gandhi Jayanti 2023: Inspiring speech ideas for students
Gandhi speech ideas tailored to captivate your audience and imbue them with the values that Bapu stood for. 1. Personal Life: Dive into the early life of Gandhi ji in Porbandar, Gujarat, detailing his upbringing in a devout Hindu family. Uncover his transformative journey during his stay in South Africa, where he championed civil rights and justice after experiencing racial discrimination.
29.09 / 12:33
29.09 / 12:11
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World Cup 2023: New Zealand captain Kane Williamson to miss opening match against England
New Zealand skipper Kane Williamson will miss the opening match of his team in the ICC ODI World Cup 2023 against England as he continues to recover from knee surgery, New Zealand Cricket (NZC) announced the batter's availability update on Friday. Williamson was named in Blackcap's 15-member squad for the World Cup after returning from a six-month layoff. The New Zealand skipper will play the role of specialist batter in a warm-up match against Pakistan on Friday in Hyderabad with the aim of batting and fielding in their second and last warm-up against South Africa in Trivandrum on Monday.
29.09 / 11:01
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Aid agency urges Johnson & Johnson to improve access to tuberculosis drug
GENEVA (Reuters) -Global health aid agency Unitaid has written to Johnson & Johnson (NYSE:JNJ)'s (J&J) CEO Joaquin Duato, urging «immediate action» to expand access to the company's tuberculosis drug bedaquiline, which is protected by patents hindering generic alternatives.
29.09 / 03:23
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ICC World Cup warm-up matches: Complete schedule; how to watch, live-streaming details
Bangladesh go up against Sri Lanka at the Barsapara Cricket Stadium in Guwahati. South Africa take on Afghanistan at the Greenfield International Stadium in Thiruvananthapuram. New Zealand square off against Pakistan at the Rajiv Gandhi International Stadium in Hyderabad.
29.09 / 01:11
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ICC Men’s ODI World Cup 2023: Countdown begins with exciting warm-up matches; date, time, schedule and live streaming details
ODI World Cup 2023 is nearly upon us, with only a week remaining before the tournament begins. The reigning champions, England, will face off against New Zealand in the first match of this highly anticipated tournament. This match will be held in Ahmedabad's Narendra Modi Stadium. India, who presently leads all three cricket forms, will kick off their campaign on October 8th in Chennai against five-time winner Australia. It should be noted that India has not won an ICC trophy since 2013, and they are desperate to break the ten-year drought. Prior to the main competition, each of the 10 competing teams will play two warm-up matches. From September 29 to October 3, these practice games will be staged at three separate locations in India. India will take on England and the Netherlands in their two warm-up matches, which will be held in Guwahati and Thiruvananthapuram, respectively. Here is the complete schedule for the ICC Cricket World Cup 2023 Warm-Up Matches: September 29, 2023 – Friday
28.09 / 17:07
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CDIL to make silicon carbide devices for EVs, solar panels
₹30 crore, taking the total production scale to 600 million devices. CDIL started making silicon chips and devices in 1964 in collaboration with Continental Device Corp. of Hawthorne, California, which was later called Teledyne Semiconductor Co.
28.09 / 10:03
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South Africa producer inflation quickens to 4.3% y/y in August
JOHANNESBURG (Reuters) — South Africa's producer inflation quickened to 4.3% year on year in August from 2.7% in July, statistics agency data showed on Thursday.
27.09 / 04:13
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Nepal create history: Highest total, fastest 50 and fastest century in T20I cricket
Nepal exhibited remarkable prowess, amassing a formidable total of 314/3 within the allotted 20 overs. This remarkable achievement surpasses the previous highest T20I total, which stood at 278/3, set by Afghanistan against Ireland in 2019. Furthermore, Nepal's batsmen showcased their power-hitting abilities by launching an astounding 26 sixes in a single innings.
25.09 / 14:35
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At UN, African leaders say enough is enough: They must be partnered with, not sidelined
At the U.N. General Assembly meeting in New York, African leaders are relaying a unanimous message, that their continent of more than 1.3 billion people is done being a “victim” of a post-world war order and must be recognized and partnered with as a g...
25.09 / 13:17
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ICC World Cup 2023: ‘India favourite to win, but…,’ ex-Pakistan legend points out India's BIG flaw
ICC World Cup 2023: India is looking in top form ahead of the ICC World Cup 2023. The batting unit is churning out big runs against a strong bowling attack and the bowlers are also grabbing wickets. The recent Asia Cup win and series win against Australia have provided the team with much more optimism.
25.09 / 08:29
25.09 / 04:41
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Google pays colourful tribute to South African composer-journalist Todd Matshikiza
Todd Matshikiza through a colourful doodle. Created by South African artist Keith Vlahakis, the cartoon commemorates the maestro’s masterpiece the cantata ‘Uxolo’ (meaning peace) was played by the orchestra at the Johannesburg Festival on September 25, 1956.
24.09 / 08:59
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African Parks' bold move to save rhinos: Rewilding the world's largest rhino farm
Earth's most endangered creatures. If you missed it, here's an update on what's happening with the five remaining species of rhino on our planet. The relentless poaching for rhino horn continues to pose a grave threat to rhino populations in Africa.
23.09 / 15:11
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ICC World Cup 2023 may be last of its kind, here's why
ALSO READ: ODI World Cup 2023 prize money: How much prize money will winners and runners-up get The 14th edition of the Cricket World Cup is scheduled to take place in South Africa, Zimbabwe, and Namibia in October and November 2027. Exciting news! Mint is now on WhatsApp Channels :rocket: Subscribe today by clicking the link and stay updated with the latest financial insights! Click here! Paste this on click here: https://whatsapp.com/channel/0029Va91YSeGehEM6oMesj3d As per the new format for 2027, two groups of seven, with the top three teams in each group will progress to a Super Six stage, followed by semi-finals and a final.
23.09 / 10:57
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ODI World Cup 2023 prize money: How much prize money will winners and runners-up get
₹84 crore). After the final match at Narendra Modi Stadium, Ahmedabad on 19 November, the winner will take away prize money of a total of $4 million (approx. ₹33 crore) while the runners-up will get $2 million (approx.
22.09 / 17:51
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India create history ahead of ODI World Cup 2023, become No 1 team in ODI, T20 and Test cricket
ODI World Cup 2023: With a 5-wicket win against Australia on Friday, the Indian cricket team received a big shot in the arm ahead of the ODI World Cup 2023 as it displaced Pakistan to become the World's No. 1 ODI team. India is now the world's best ODI team with a rating of 116 and 4,864 points.
22.09 / 08:09
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BRICS FMs call for inclusion of India-Brazil-South Africa in UNSC
Brics (Brazil, Russia, India, China, and South Africa) nations on Thursday called for comprehensive reforms of the United Nations (UN) and advocated the inclusion of India, South Africa and Brazil in its Security Council (UNSC). At the last Brics Summit in Johannesburg, United Nations Secretary-General Antonio Guterres had supported such a move, warning that without such reforms, fragmentation of the UN body would be inevitable. The ministers recalled their national positions concerning the conflict in and around Ukraine as expressed at the appropriate fora, including the UN Security Council and General Assembly, and noted with appreciation relevant proposals of mediation and good offices aimed at peaceful resolution of the conflict through dialogue and diplomacy," the statement said. On the implementation of the 2030 Agenda for Sustainable Development, the nations’ further reaffirmed the call for donor countries to honour their Official Development Assistance (ODA) to developing countries, in line with the national policy objectives of recipients. The ministers announced the nations are exploring the establishment of an effective global governance framework with the aim to protect human rights and spur innovation and economic growth. The nations also called upon advanced economies to operationalise the fund on Loss and Damage at the upcoming COP28 environmental meet in Dubai. The fund was touted as a historic breakthrough in negotiations at last year's COP27 meet, and aims to provide financial assistance to nations most vulnerable and impacted by the effects of climate change. But differences have since erupted over which nations can access it, with reports that India may not be able to benefit from it. The ministers
22.09 / 07:09
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South Africa to host US trade forum as diplomatic tensions subside
South Africa will host a meeting of nations participating in the U.S. Africa Growth and Opportunity Act despite earlier calls to exclude the country from the forum due to its ties to Russia and the docking of a sanctioned Russian vessel near Cape Town ...
22.09 / 06:45
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Food prices that drove inflation are on a retreat, says DEA; highlights August rain deficit may impact crops
economic review for August published on Friday, the Department of Economic Affairs (DEA) said that the prices of selected food items that drove the inflation rate above 7 per cent in July are on the retreat. «The calibrated measures taken by the Government, including adjustments in the duties of many critical inputs and monetary policy tightening, helped to reduce core inflation,» the DEA said in its report. In its report, the department specified that the government's targeted measures for specific crops, including build-up of buffer, procurement from producing centres and subsidized distribution enabled easing of inflation in the country. Amid growing food inflation in major economies inter alia France, Germany, Japan, South Africa, and UK, India on the other hand saw a dip in its retail inflation. As of August, consumer food price inflation eased to 9.9 per cent from 11.5 per cent in July. Vegetable inflation, however, surged in both July and August due to various factors including a sudden price rise in tomatoes and other food items, due to crop specific and weather-related factors like rain deficiency in the country. Nonetheless, the average inflation during April-August 2023, was 5.6 per cent, which is within the RBI tolerance limit of 2-6 per cent. Meanwhile, the economy's outlook report highlighted that the monsoon deficit in August could impact both Kharif and Rabi crops which requires assessment.
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