International Monetary Fund raises the global growth forecast for 2023

The International Monetary Fund (IMF) has raised the global growth forecast for 2023. It’s pegging global growth of 2.9% this year, compared to its October estimate of 2.7%. It also sees global inflation slowing from an estimated 8.8% in 2022 to 6.6% this year. And this supports market expectations that central banks are likely to […]

The European Union and South Africa seek to strengthen ties

The Just Energy Transition and strategic partnerships are on the agenda as top International Relations Minister Dr Naledi Pandor hosts her EU counterpart Josep Borrell and his delegation. The EU delegation is on a two-day visit to South Africa. South Africa and EU are also set to strengthen relations. Officials from both delegations are about […]

WEF 2023 | Regulation of digital currency discussed

Central banks across the globe say regulation of digital currency has been slow. Governors have been exploring the possibility of a Central Bank Digital Currency, with experts saying technology has been one of the biggest enablers of a central bank digital currency. This emerged during a panel discussion by central bank leaders from South Africa, […]

WEF 2023 | Africa on the spotlight

The African Agenda is one of the discussion points at the World Economic Forum (WEF) Annual Meeting taking place in Davos. A continent endowed with minerals, a young population and some of the fastest-growing economies in the world, it is often lauded for its potential, but the challenges remain. Nzinga Qunta spoke to Mamadou Toure, […]

South Africa's offering at WEF – International Relations Minister Naledi Pandor

International Relations Minister Naledi Pandor says the growing opportunities in the country’s hydrogen economy and the rise of start-up companies must be highlighted at the World Economic Forum currently underway in Davos, Switzerland. She says while the country faces a number of challenges, the message that must be taken to the international investment community is […]

Rand strengthens against the US dollar following ANC leadership announcement

The rand has strengthened against the US dollar on the announcement of the new ANC leadership. Analyst says this is a sign that investors are happy and confident about the new leadership. And they see this as a way of continuation and certainty. For more news, visit sabcnews.com and also #SABCNews on all Social Media […]

Biden Hosts Summit of 49 African Leaders to Counter China & Russia's Growing Power Across Continent

Leaders from 49 African nations are in Washington, D.C., this week for a three-day summit organized by the Biden administration. The U.S.-Africa Leaders Summit comes as the United States is trying to counter the growing influence of China and Russia in Africa. On Monday, national security adviser Jake Sullivan announced a pledge of $55 billion […]

SBF to testify at FTX House hearing, and the rise of Africa as a crypto hub: CNBC Crypto World

CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what’s ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today’s show, we give you an inside look at the Africa Bitcoin Conference. Chapters: 00:00 – CNBC […]

Ghana hosts the third African Medicines Regulatory Harmonisation week: Chimwemwe Chamdimba

In response to the Pharmaceutical Manufacturing Plan for Africa, the African Union Development Agency-NEPAD has established the African Medicines Regulatory Harmonization Initiative to address weak, outdated, and fragmented regulatory systems on the African continent. Joining us to discuss this issue further is policy specialist of Health Programme AUDA NEPAD; Chimwemwe Chamdimba. For more news, visit […]

Africa Bitcoin Conference delves into real-world use cases for crypto

CNBC’s MacKenzie Sigalos reports from Accra, Ghana on how bitcoin and other crypto tech is being used to supplant legacy financial systems across the continent. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/2NGeIvi » Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision » Subscribe to CNBC: https://cnb.cx/SubscribeCNBC Turn to CNBC TV for the latest stock […]

Phala Phala report I The Rand weakened by more than 4% against the dollar

The Rand has weakened by more than 4% against the dollar, as President Cyril Ramaphosa feels the heat over Phala Phala. The fall of the currency began yesterday as market analysts digested the findings of the Section 89 panel tasked with determining whether the President has a case to answer for. For more news, visit […]

WION Dispatch: South African president Ramaphosa faces threat of impeachment over farm scandal

South African President Cyril Ramaphosa is posed with trouble as he will possibly faces formal impeachment against him over the ‘Farmgate scandal.’ It emerged in June that an estimated $4 million was stolen from Mr Ramaphosa’s farm in 2020. #cyrilramaphosa #southafrica #wion About Channel: WION The World is One News, examines global issues with in-depth […]