south africa

22 Years After the Apartheid in South Africa: White Squatter Camp

White people were once ruling and oppressive class in South Africa, As government wipe out the apartheid, unskilled white people are ousted and have to live in slums. There are more than 400,000 white people live in poverty.

Pravin Gordhan returns as new Finance Minister: South Africa’s banking index goes high

South African President Jacob Zuma has decided to reappoint Pravin Gordhan as Financial Minister after removing David van Rooyen from the position. Gordhan will take over this position again which he had held previously for five years. Following this, shares in South Africa’s banking index surged to 15 percent.

Chinese President Xi Jingping signs $6.5B worth deals with South Africa

A news about signing deals came into hearing during the four-day trip of Chinese President Xi Jingping to South Africa. He signed $6.5 billion worth deals with South Africa, helping to boost their infrastructural facilities. In return, China will have greater access to Africa's valuable commodities including oil.

South African Inflation Rose to 4.7% in October

South African inflation in October rose to 4.7%, in line with the forecast.

Top 3 Luxury Safari Tours in Africa

South Africa offers a number of luxury safari tours for travelers.

Panasonic aims $2B revenues from smart phone biz

After its previous unsuccessful efforts in the smart phone business, Panasonic is making a comeback. It's planning to push sales volume by three times in next three years to reach $2-billion revenues target. Panasonic has decided to make India as its base for expanding in Africa, Middle East and South Asian markets.

Stronger US dollar is a threat to emerging markets' currencies, and to US economy

The 12% rise in the US dollar could result in another currency crisis in emerging markets as the weakening of local currencies will reduce the debt repayment capacity. The strengthening of dollar is expected to slow down its GDP growth as well.

Lion Kills American Tourist in South Africa Animal park

Another animal attack has been reported in The Lion Park. What does this say for the park's future?

Latest Stories

Hong Kong's Status as an International Financial Center at Crossroads

Hong Kong lost its status as a global financial hub amidst shifting rankings and regulatory hurdles. Read the implications of China's tightening grip and cross-border capital flow uncertainties.

Are Meme Stocks a Risky Bet or a Chance for Big Gains?

Tuesday saw a spike in the value of several "meme stocks," or businesses whose valuation is driven more by social media talk than by more conventional economic factors like growth and profitability.

Hong Kong's Financial Status Plummets EUI from Fourth to Ninth Place Amidst Global Rankings and China's Grip

Hong Kong's business ecosystem has caused the EIU to downgrade it to ninth place and the Global Financial Centers Index to rank it fourth.

Heat Wave Hack: How to Keep Your Home Cool Without Breaking the Bank

You could find yourself rushing to lower the thermostat's setting more frequently if scorching temperatures are predicted.

US Cites "Spying Concerns" in Banning Chinese Crypto Miner Near Nuclear Base

Citing fears about espionage, US President Joe Biden has ordered a Chinese-owned bitcoin miner and its partners to sell land they hold close to a US nuclear missile station.

Must Read

Can Taxing the Rich Save Social Security?

Due to a budget deficit, Social Security may not be able to provide retired Americans with their full payments in around ten years.

Trump Allies Gather as Cohen Testifies on 'Hush Money' Allegations

House Speaker Mike Johnson was among a group of close Republican allies of Donald Trump who showed up in the Manhattan criminal courthouse on Tuesday to express support for the former president while his attorneys tried to discredit the key witness in the "hush money" trial.

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