The African Transformation Movement (ATM) has dismissed the 2025 Medium Term Budget Policy Statement delivered by Finance Minister Enoch Godongwana as uninspiring and lacking substance, saying it fails to respond to South Africa’s worsening unemployment, poverty, and inequality. ATM national spokesperson Zama Ntshona said the budget fell short of the decisive action needed to transform… Continue reading ATM Says Godongwana’s Mini Budget Lacks Vision for Economic Transformation
Amajimbos Prepare for Japan Battle
South African Football Association (SAFA) President Danny Jordaan has backed the SA U17 side to come right in the FIFA World Cup in Doha, Qatar. Amajimbos have reached the round of 32 stage and will come up against Japan on Saturday, with kick-off set for 15:30 SA time. Vela Khumalo’s boys managed a win, a… Continue reading Amajimbos Prepare for Japan Battle
Building Bridges: UAE Young Innovators Dialogue Creates Gateway to Growth for South Africa’s Young Entrepreneurs
In a significant step to deepen economic ties and foster youth-driven innovation, the Young Innovators Dialogue, hosted by the Embassy of the United Arab Emirates (UAE) in South Africa, has created a pivotal platform connecting the country’s emerging entrepreneurs with opportunities in the UAE. The event, held in Sandton, Johannesburg, on Tuesday, brought together young… Continue reading Building Bridges: UAE Young Innovators Dialogue Creates Gateway to Growth for South Africa’s Young Entrepreneurs
Clean Energy Boosts Industrial Development in Tongliao
Energy has long played an indispensable role in the economic growth of Tongliao, a city on the eastern edge of Inner Mongolia Autonomous Region. The city’s abundant coal reserves once provided a competitive advantage, fuelling the energy-intensive process of aluminium production. Over the years, Tongliao grew into the largest aluminium industry base in northeast China,… Continue reading Clean Energy Boosts Industrial Development in Tongliao
Inner Mongolia’s Forest Protection Paves the Way for Sustainable Development
Tucked away in the northeastern corner of China’s Inner Mongolia Autonomous Region, the vast forests of the Greater Hinggan Mountains have undergone a remarkable transformation. Once heavily threatened by commercial logging, this region now exemplifies the transition to ecological preservation, with local communities incorporating conservation into their daily lives and future plans. Caring for the… Continue reading Inner Mongolia’s Forest Protection Paves the Way for Sustainable Development
Mozambican Business Leaders Call for Tax Reform Amid ‘Economic Strangulation’, President Chapo Pledges to Act
Maputo — The Chairperson of Mozambique’s Confederation of Economic Associations (CTA), Álvaro Massingue, has called for an urgent fiscal reform to ease what he described as the strangulation of the country’s economy and business environment caused by excessive taxation. “Our tax system is heavy, complex and ill-suited to an economy that seeks to compete. We… Continue reading Mozambican Business Leaders Call for Tax Reform Amid ‘Economic Strangulation’, President Chapo Pledges to Act
Godongwana’s Budget Fuels Fiery Political Showdown
Finance Minister Enoch Godongwana on Wednesday delivered a Medium-Term Budget Policy Statement (MTBPS), calling for collective discipline to stabilise public finances while ensuring the protection of South Africa’s most vulnerable citizens. The Minister said that after years of fiscal strain, South Africa’s debt will finally stabilise at 77.9% of GDP this year and begin to… Continue reading Godongwana’s Budget Fuels Fiery Political Showdown
Zambia President to Undertake State Visit to Zimbabwe
Zambian President Hakainde Hichilema will arrive in Harare on November 14, 2025, for a state visit at the invitation of Zimbabwean President Emmerson Dambudzo Mnangagwa, marking a pivotal effort to repair bilateral relations that hit rock bottom after Zimbabwe’s contentious 2023 elections. According to a press statement issued by the Ministry of Foreign Affairs and… Continue reading Zambia President to Undertake State Visit to Zimbabwe
South Africa Moves Toward Fiscal Stability, Says Godongwana
Finance Minister Enoch Godongwana has announced that South Africa’s debt will stabilise for the first time since the 2008 financial crisis, marking what he described as a turning point for the economy. Presenting the Medium-Term Budget Policy Statement (MTBPS) in Parliament, Godongwana said the country is restoring fiscal discipline while focusing on growth, reform, and… Continue reading South Africa Moves Toward Fiscal Stability, Says Godongwana
COP Participants Aim to Mobilise US$1.3 Trillion to Combat Climate Change
The presidency of the Conference of the Parties to the UN Framework Convention on Climate Change (COP) intends to mobilise US$1.3 trillion annually to finance the fight against climate change in developing countries, reports Agência Brasil. The plan was presented in Belem, Brazil, where the 30th UN Climate Change Conference (COP30) will take place from… Continue reading COP Participants Aim to Mobilise US$1.3 Trillion to Combat Climate Change