The World Bank Group is considering financing US$500-million (R9-billion) of South Africa’s participation in a new credit guarantee facility meant to unlock private financing for a massive transmission grid expansion plan, a senior bank official said. South Africa is courting private investment for an ambitious plan to add 14 500km of new lines and enhanced transformer…
Since conflict erupted in Sudan, more than a million people have fled to neighbouring South Sudan, seeking refuge from escalating violence that has displaced 12.4 million people and plunged over half the Sudanese population into food insecurity. But hunger has followed them. Over 57 per cent of the population in the world’s youngest country to…
Partnering with Change Logic, BankservAfrica successfully delivered a successful change enablement programme for one of South Africa’s ambitious payments modernisation initiatives. Through a structured and deliberate approach to change management, BankservAfrica engaged stakeholders across the financial services industry to ensure the seamless roll-out of the industry-driven PayShap, setting a new benchmark for rapid and effective…
TangMan Photography | Getty Images U.S.-China trade talks were set to continue in London on Tuesday, as the world’s top two economies strive to sort out differences following a call between the leaders of the two countries. President Donald Trump‘s top trade officials met their Chinese counterparts in London on Monday, with Treasury Secretary Scott…
A row of Waymo vehicles burn on a street during an anti-ICE protest in downtown Los Angeles, California, on June 8, 2025. Benjamin Hanson | Afp | Getty Images Several Waymo autonomous vehicles were set ablaze in downtown Los Angeles on Sunday amid widespread protests against President Donald Trump‘s immigration crackdown. A spokesperson for the…
