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South African rand strengthens

Reuters on MSN · 52m

South African rand stable as investors await budget clarity

South Africa's rand was little changed in early trade on Friday as investors awaited clarity on a disputed national budget which has roiled domestic markets in recent weeks. At 0644 GMT, the rand traded at 18.

The Financial Times · 19h

South Africa scraps VAT increase in dramatic U-turn after coalition rift

In a late-night announcement, finance minister Enoch Godongwana said the proposal to lift VAT from 15.5 per cent to 16 per cent over two years had been dropped after “extensive consultation with political parties”,

Cape Argus on MSN · 1h

South African rand strengthens after government abandons VAT increase

Following the announcement by Finance Minister Enoch Godongwana to abandon the proposed VAT increase, the South African rand has shown signs of recovery, gaining value against the US dollar. This decision comes amid significant opposition and legal challenges from various political factions.

South Africa and Ukraine woo each other

The South African · 4m

Donald Trump spotlight divides South Africa’s Afrikaners

Afrikaans is the only local language with four television channels and an array of newspapers, magazines and festivals.

BBC on MSN · 19h

South Africa and Ukraine woo each other - as relationships with Trump turn sour

Ukraine's President Volodymyr Zelensky is on a historic visit to South Africa, signalling a dramatic improvement in the once-strained relations between the two nations. The visit marks a diplomatic breakthrough for the Ukrainian leader in his efforts to counter Russia's strong - and growing - influence in Africa.

Associated Press News on MSN · 22h

Zelenskyy says he’s cutting short a visit to South Africa after Russian attacks on Kyiv

PRETORIA, South Africa (AP) — Ukrainian President Volodymyr Zelenskyy arrived in South Africa for a state visit Thursday following U.S. President Donald Trump’s new accusations that he is prolonging the war against Russia by pushing back against any plan to give up Ukrainian territory in a peace deal.

22hon MSN

South Africa scraps proposed tax increase after pushback from coalition partners and opposition

The South African government has canceled a proposed tax increase that has threatened to collapse the unity government after ...

South Africa heading for a serious crisis

Award-winning economist Dawie Roodt warns that South Africa is heading towards a serious financial crisis, with runaway ...

3h

Saudi Push Into South Africa Yields Billions of Dollars in Deals

A flurry of meetings between Saudi Arabia and South Africa over the past year has culminated in discussions about or signed ...

Zelensky visits South Africa in historic Africa trip

Ukrainian President Volodymyr Zelensky arrived in South Africa on Thursday for high-level talks with President Cyril ...

23hon MSN

Zelensky cuts short South Africa visit after Russian attack on Kyiv

At least nine people were killed and more than 70 injured, including children, in the attack in Ukraine, officials say.

21hon MSN

South Africa abandons planned VAT hike after pushback

South Africa on Thursday scrapped plans to raise value-added tax after a political backlash that threatened the stability of ...

1d

Ukraine's Zelenskyy arrives in South Africa for state visit following Trump's renewed criticism

Ukrainian President Volodymyr Zelenskyy has arrived in South Africa for a state visit following U.S. President Donald Trump’s ...

50m

Why a US Retreat From Africa Would Be a Win for Xi and Putin

As Africa's largest trading partner, China has invested heavily in African infrastructure through Xi Jinping 's flagship Belt ...

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