JOHANNESBURG, South Africa, – Hundreds of activists marched in Johannesburg on Saturday urging their government to reduce its share of carbon emissions, ahead of the UN COP21 climate conference in Paris. “If South Africa, and all other polluting countries, don’t own up to their fair share of climate responsibility, the serious climate impacts being experienced […]
Tag: South Africa
South Africa’s economy grows 0.7 percent in Q3 2015, narrowly avoiding recession
South Africa’s economy grew by 0.7 percent in the third quarter of 2015, narrowly avoiding a recession, Statistics South Africa (Stats SA) said on Wednesday. The agency, though, said some of the country’s key industries are in recession. The increase in overall economic activity in the third quarter was characterised by three of the ten […]
South African rand (ZAR) stabilises after bad start to the year
South Africa’s rand drifted in a narrow range versus the dollar in the absence of significant drivers on Tuesday, with traders and investors looking to mining and factory output data on Thursday for pointers on the state of the local economy. The rand has fallen nearly 8 percent against the dollar this year, because investors […]
MTN Nigeria warns reprisal attacks on S.Africans will plunge Nigeria’s economy
MTN Nigeria has cautioned against reprisal attacks on multinationals that have links with South Africa owing to the xenophobic attacks on Nigerians in South Africa, saying any such occurrence would result in monumental loss and setback for the Nigerian economy. Xenophobic attacks on foreigners in South Africa by some group of South Africans has led […]
East African bloc IGAD condemns xenophobic violence in South Africa
The East African bloc, Inter-Governmental Authority on Development (IGAD), on Saturday condemned the spate of xenophobic attacks that has gripped parts of South Africa. IGAD Executive Secretary, Mahboub Maalim, described the attacks that left at least six people dead on March 25, as “unfortunate and requiring urgent action”, according to a Xinhua report. Maalim “noted […]
Brand South Africa has lost its shine over new bout of xenophobic attacks
From a position of strength, post-apartheid South Africa has steadily lost its shine. South Africa has lost much of its regional lustre. BRAND South Africa is desperately mounting a fightback after a week of horrific xenophobic attacks mainly aimed at African nationals left its reputation sullied and Pretoria grappling with a major backlash from the rest of […]
Reprisal attacks against South African have started in other countries. Eye for an eye will keep us as the dark continent!
A demonstration against migrant workers outside a hostel in Johannesburg. Photograph: Marco Longari/Getty South Africa is facing a backlash from the rest of the continent over the targeting of immigrants in a wave of xenophobic violence. South African vehicles were pelted with stones in Mozambique on Friday and South African companies are reportedly being threatened […]
South Africa join the austerity fan brigade
While the battle against austerity in Europe has entered a decisive phase — with the election of the radical-left Syriza in Greece — the term is seldom heard with reference to South Africa. Despite this, and the global discrediting of austerity, Finance Minister Nhlanhla Nene’s recent budget can only be described as austere. Austerity refers […]