Africa, Trump
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Ramaphosa enjoyed a brief wave of sympathy after his White House ambush but he is a problematic leader, writes Sizwe Mpofu Walsh.
Donald Trump has long been preoccupied with South Africa’s most fraught and emotional domestic policy issue: land. In his first term the US president directed his then Secretary of State Mike Pompeo — via Twitter — to “closely study the South Africa land and farm seizures” and the supposed “large-scale killing of farmers”.
A proposed regulatory change would allow Elon Musk’s satellite company and others like it to get a license without having to sell shares to Black South Africans.
South Africa's finance minister says the country doesn’t have the funds to cover the over $430 million shortfall caused by the Trump administration’s cuts in foreign aid.
South Africa's rand, stocks and government bonds strengthened on Friday, boosted by higher gold prices as worries over the United States' worsening fiscal health sent investors into the safe-haven asset.
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Potential loosening of Black ownership rules came after billionaire said his satellite internet group would not comply
JOHANNESBURG (AP) — Rescue efforts are underway in South Africa to bring 260 workers trapped in a gold mine for a day back to the surface, the Sibanye Stillwater mining company said on Friday.
Stillwater said on Friday that it was working to bring to the surface 260 miners, who were stuck underground at one of its gold mines after the hoist system used to access the shaft was damaged in an accident.