Russian President Vladimir Putin announced at the first Russia-Africa Summit jointly hosted by Russia and the African Union (AU) in Sochi, Russia, that the country has written off more than $20 billion of Africa’s debt. He also intends to double his trade with countries in Africa within the next four to five years. Russia hopes..
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Russia announces that they are writing off R20bn of Africa’s debt
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Liquidations on the rise in South Africa – number of liquidations increased by 13.7% during the first seven months of 2019 with 183 business liquidation recorded in July
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South Africa recorded 183 business liquidations in July 2019, representing a 24.5% rise from 147 liquidations recorded a year ago, according to StatsSA. The stats body said that 1,198 liquidations were recorded so far this year (January to July), higher than the 1,054 recorded in the same period last year. The report found that the..
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Video: Is US Law Requiring That SA Be Expelled From AGOA, The Reason UK & USA “Believe” Ramaphosa & Sisulu’s Lies About Racist Land Grabs!
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The ANC’s racist land grab requires, by US law, that the USA ceases trading with South Africa according to their AGOA Trade Agreement. Could that be the reason USA and UK are forced to pretend that Ramaphosa’s racist land grab is lawful and ok? Ramaphosa’s racist land grab is clearly, patently and obviously both immoral..
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Blame the ruling party of SA – A shocking number of South Africans can’t afford even a basic food basket right now
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Non-profit organisation, the Bureau for Food and Agricultural Policy (BFAP), has released its latest outlook focusing on agricultural production, consumption, prices and trade in South Africa. The baseline takes into account the latest trends, policies and market information, and is constructed in such a way that the decision maker can form a picture of equilibrium..
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ANC failures, Rand falls to a 6.5 month low
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The Rand lost all previous progress against overseas currencies, and is currently trading at a 6.5 month low.
The Ramaphosa euphoria has reached its low, while even Max du Preez takes on the ANC over their managers. He especially tackles Ace Magashule and describes him as “the adder in the bosom” of the ANC.
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