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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.

IMF calls on Sierra Leone to enforce stronger fiscal adjustments 

The International Monetary Fund (IMF) has cautioned that Sierra Leone must undertake a stronger fiscal adjustment to correct last year’s policy slippages, despite the economy showing resilience to tighter macroeconomic policies

China urges Dutch action on Nexperia chip dispute in talks with German minister

China Commerce Minister, Wang Wentao on Wednesday called for “practical actions” from the Netherlands to resolve the Nexperia dispute that has roiled global chip supply chains, in a video call with Germany’s economic affairs and energy minister, a statement from his ministry showed on Thursday

Bank of Ghana cuts lending rates as inflation drops to 8%

Ghana’s inflation has fallen sharply from 23.5% in January to 8%, its lowest level since July 2021, prompting the Bank of Ghana to shift focus from stabilisation to stimulating private sector growth.

Volcano erupts in Ethiopia after 12 000 years

Volcano in Ethiopia’s Afar region erupted earlier this week

SA Judge’s arrest raises questions about judicial credibility

Legal analyst Mpumelelo Zikalala says the credibility of South Africa’s (SA) judiciary is under renewed scrutiny

JP Morgan shifts outlook on Fed rate cut to December

JP Morgan said on Wednesday it now expects the United States (US) Federal Reserve to deliver a 25-basis-point rate cut in December, reversing its earlier call that policymakers would stay on hold until January