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FINANCE

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.

Rand strengthens on narrower current account deficit

Rand strengthened in early trade on Friday

Amazon pays Italy $209 million to end tax, labour probe: Sources

An Italian unit of e-commerce giant Amazon has paid compensation and scrapped a monitoring system for delivery staff, ending a probe into alleged tax fraud and illegal labour practices, sources with knowledge of the matter said on Friday

India’s IndiGo cancels around 500 flights, New Delhi, Mumbai hard hit as crisis deepens

IndiGo will cancel around 500flights on Friday in India, with all departures from New Delhi grounded, amid a deepening crisis at the country’s largest airline that has admitted it failed to plan for new flight duty timings imposed on pilots

Mauritius, Seychelles, SA top Africa Prosperity ranking amid growing inequality

A new Africa Prosperity Rating (APR) by the Institute for Management Development World Competitiveness Center (WCC) paints a detailed picture of the continent’s economic performance

Technology sector could unlock $800 billion by 2030 through nature-positive practices: WEF  

The technology industry could generate up to $800 billion in value by 2030

Algeria calls on African countries to tap major investment opportunities

Algeria is urging African nations to explore significant investment opportunities in infrastructure, mining, and energy