News

NEWS

Stay informed with the latest updates from South Africa and around the world. Our news section covers a wide range of topics including politics, social issues, crime, environment, global affairs, and human interest stories.

AfDB secures record-breaking $2 bln bond as investor demand surges

The African Development Bank has successfully issued a new $2 billion five‑year global benchmark bond, achieving the largest orderbook in its history and the tightest spread to United States (US) Treasuries ever secured by the Bank.

IMF approves $2.3 billion in new financing for Egypt as economic stabilisation gains traction

The Executive Board of the International Monetary Fund (IMF) has completed the combined fifth and sixth reviews of Egypt’s economic reform programme under the Extended Fund Facility (EFF) and Extended Credit Facility (ECF), along with the first review of the Resilience and Sustainability Facility (RSF).

IMF approves further disbursements for Benin as economic momentum strengthens

The International Monetary Fund (IMF) has completed the seventh review of Benin’s Extended Fund Facility (EFF) and Extended Credit Facility (ECF) arrangements, alongside the fourth review of its Resilience and Sustainability Facility (RSF).

Global early warning system intercepts chemicals for up to 1.6 bln lethal fentanyl doses

An international early warning system has blocked a shipment of precursor chemicals that could have produced as many as 1.6 billion potentially lethal doses of fentanyl, the United Nations (UN)’s drug control watchdog announced on Thursday.

Over one billion people fear losing their land rights, UN‑backed report warns

More than a billion people worldwide fear they could lose their land or housing within the next five years, according to a new United Nations (UN)- backed report that highlights the deepening global land insecurity despite two decades of policy progress. 

Funding shortfalls threaten support for 1.9 million displaced people in South Sudan, warns IOM

The International Organisation (IOM) for Migration has warned that funding shortfalls are putting the lives of more than 1.9 million displaced people in South Sudan at risk.