Premier Foods has begun a Section 189 process as its R1 billion Tulbagh cannery faces closure, citing US tariffs, weak export demand and rising operating costs.
Premier Foods has begun a Section 189 process as its R1 billion Tulbagh cannery faces closure, citing US tariffs, weak export demand and rising operating costs.
Wealthy countries met their target of providing $100 billion in annual climate aid to poorer nations for the first time in 2022, two years later than promised, the OECD said Wednesday. More than a decade later this target was finally met for the first time in 2022 with $115.9 billion raised, the Organisation for Economic Co-operation and Development said.
There is an urgent need for reforms to the "unjust" global financial system, which penalises African nations with high borrowing rates, leaders said at a major African economic gathering in Kenya this week.
US energy giant ConocoPhillips announced Wednesday that it is acquiring competitor Marathon Oil for $22.5 billion in the latest big petroleum merger consummated in spite of rising concerns about climate change.
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