South Africa received some welcome news after the credit ratings agency S&P decided to upgrade both SA’s foreign currency long-term sovereign credit rating to ‘BB’ from ‘BB- ‘and local currency long-term sovereign credit rating to ‘BB+’ from ‘BB’. Its outlook remains positive. Another agency, Fitch affirmed South Africa’s sovereign rating at BB- with a stable…
read moreThe 2025 electoral cycle in Africa has underscored both the promise and the persistent fragility of the continent’s democratic experiment. In Malawi and Seychelles, well-administered elections with high turnout and transparent processes highlighted the potential of strong institutions to deliver credible outcomes and peaceful transfers of power. By contrast, Tanzania’s polls exposed structural weaknesses and…
read moreSince the advent of democracy in 1994, Pretoria has invested heavily in cultivating influence through multilateralism and moral leadership. From strengthening SADC and AU institutions to championing reform of UN governance and global financial architecture, to activism in BRICS, South Africa has sought to position itself as a principled voice for the Global South. Its…
read moreOn 9 September, during the quarterly oral question and answer session at the National Assembly, President Cyril Ramaphosa addressed the members of parliament (MPs) on the state of South Africa’s trade initiatives and strategies post the 30% tariffs imposed on South Africa by the United States. Ramaphosa underscored two critical strategies for enhancing economic resilience:…
read moreRecently a number of multinational corporations, such as ArcelorMittal South Africa, Glencore, Rio Tinto, and Goodyear have announced either exits or large-scale downsizing of their South African operations. While the reasons cited range from global restructuring to sector-specific challenges, common themes emerge: declining profitability in the local market, energy insecurity, infrastructure backlogs, and regulatory uncertainty.…
read moreUnited States’ (U.S.) President Donald Trump has been back in the White House for just seven months, and during this time, he has not hesitated to fulfil some of his electoral promises, including mass deportations and addressing what he had termed the unfair trade practices on the U.S. by nearly every country that does business…
read moreOn 22 May, Minister of Trade, Industry and Competition, Parks Tau, stated that South Africa has submitted a revised framework proposal to the United States (U.S.), focusing on expanding trade and investment relations between the two countries. The proposal includes purchasing Liquefied Natural Gas (LNG) from the US, provisions related to the African Growth and…
read moreIn April, Ukrainian President Volodymyr Zelenskyy’s visit to South Africa marked a significant moment in global diplomacy, as it was the first time the Head of State of Ukraine visited South Africa in the 33 years the two countries established formal diplomatic relations. For President Zelenskyy, the visit formed part of his continued quest to…
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