South Africa’s Major Banks Post Moderate Earnings Growth Amid Economic Challenges – PwC Report
Johannesburg, South Africa – South Africa’s four major banks—Absa, FirstRand, Nedbank, and Standard Bank—reported modest earnings growth in 2024, reflecting their resilience in a turbulent economic climate, according to the…
US Expels South African Ambassador Amid Rising Diplomatic Tensions
Washington, D.C. – The United States has ordered South Africa’s Ambassador to the US, Ebrahim Rasool, to leave the country by Friday, following a decision by Secretary of State Marco…
MultiChoice South Africa Announces DStv and Showmax Price Adjustments Effective April 1
Johannesburg, South Africa – MultiChoice South Africa has announced its annual subscription price adjustments for DStv and Showmax, set to take effect from April 1, 2025. The changes will see…
EU Strengthens Ties with South Africa Amid U.S. Aid Freeze
European Commission President Ursula von der Leyen led a high-level delegation in Cape Town on Thursday for the eighth EU-South Africa summit, where the bloc unveiled a €4.7 billion ($5.1…
South African Theater Icon Athol Fugard Remembered by Longtime Collaborator John Kani
Renowned South African playwright Athol Fugard, celebrated for his groundbreaking work in anti-apartheid theater, has passed away at the age of 92. His longtime collaborator and friend, Dr. John Kani,…
EU Announces €4.7 Billion Investment Package for South Africa
The European Union has unveiled a €4.7 billion ($5.1 billion) investment package to support green energy and vaccine production in South Africa, reinforcing economic and political ties between the two…
Soufflet Malt to Invest €100m in South African Malting Factory
GAUTENG – French multinational malt producer Soufflet Malt is set to invest €100 million in a new malting factory at Heineken’s Sedibeng brewery in Gauteng, marking a significant boost for…
IEC Revives Debate on Electronic Voting in South Africa
CAPE TOWN – The Electoral Commission of South Africa (IEC) has reopened discussions on the feasibility and sustainability of electronic voting, a decade after the idea was first explored in…
Tributes Pour in as Legendary Playwright Athol Fugard Celebrates 92nd Birthday
Renowned South African playwright Athol Fugard, widely regarded as one of the greatest living dramatists in the English-speaking world, marked his 92nd birthday in June 2024, surrounded by his family,…
Ramaphosa Calls for Expropriation of Hijacked Buildings to Address Housing Crisis
President Cyril Ramaphosa has called for the use of the newly signed Expropriation Act to reclaim hijacked buildings in Johannesburg, even without compensation, in an effort to transform them into…