Economic Freedom Fighters president Julius Malema appeared before the magistrates court in KuGumpo City, Eastern Cape for his sentencing after he was found guilty.
Understand how the Israel-Iran conflict impacts South African petrol prices, food costs, and the economy, with insights into global oil supply and currency effects.
Serb communities in parts of Kosovo are struggling to get their hands on dinars, jeopardising the salaries, pensions and social security payments that thousands there get from Belgrade. The move sparked anger in Belgrade, which does not recognise Kosovo's independence and continues to finance a parallel health, education and social security system for Serbs there.
Chinese consumer prices rose in February for the first time since August, data showed Saturday, bucking a months-long stretch of deflation that compounded the country's myriad economic woes.
The US Food and Drug Administration has given the green light for a popular anti-obesity drug to be used to prevent serious heart conditions for the first time, in a move likely to expand insurance coverage. The recent surge in popularity of anti-obesity drugs including Wegovy and Ozempic, which mimic a gut hormone to suppress appetite, has padded the profits of the companies that make them.
The sinking of a bulk carrier carrying thousands of tonnes of fertiliser off Yemen after a Huthi missile attack poses "no immediate danger", an expert said Friday. The main concern is the fate of the thousands of tonnes of fertiliser, Logette said.
IMF chief Kristalina Georgieva said Friday that she would be "honored" to helm the Washington-based financial institution for a second five-year term if she is renominated by member states. "I am glad to report that she confirmed that it would be an honor for her to do that, as long as she receives support from IMF members," he said, in words later mirrored by Georgieva. da-md/bbk
Ukrainian President Volodymyr Zelensky arrived in Istanbul on Friday for talks with Turkish counterpart Recep Tayyip Erdogan on the war with Russia and Black Sea grain shipments. The two leaders are to meet at the Dolmabahce Palace in Istanbul and hold a press conference on Friday evening, according to the Turkish presidency.
Hiring in the United States was robust in February although unemployment crept up, government data showed Friday, a potentially encouraging sign for policymakers hoping to cool the economy without tipping it into a downturn. In another encouraging sign that the economy is cooling, wage growth edged down, from 0.5 percent in January to 0.1 percent in February on a monthly basis.
The El Nino weather phenomenon, coupled with widespread drought, is posing an increasing risk to food security in southern Africa, a UN agency warned Friday. El Nino is a natural weather phenomenon, corresponding to a warming of a large part of the tropical Pacific.
German federal prosecutors said Friday they had taken over investigations into a suspected arson attack this week that caused a power outage and forced Tesla to halt production at its plant near Berlin. An outfit going by the same name claimed an arson attack on the power supply of the Tesla plant in 2021, according to a report from domestic intelligence services that same year.
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