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As G20 leaders gather in Johannesburg, discussions will centre on energy, trade and employment - issues that shape global economic activity. Alongside these familiar pillars, however, sits a less frequently examined driver: Sport. Not as charity or soft power but as a developing category of infrastructure that supports consumer demand,…

The South African Local Government Association (Salga) has said the Distribution Agency Agreement (DAA) aimed at addressing the ballooning R105 billion debt to Eskom is not sufficient in itself, pointing to inefficiencies with Eskom's systems and lack of capacity of the National Energy Regulator of South Africa (Nersa) to efficiently…

Chinese Premier Li Qiang pledged on Saturday greater access for Italian companies to the Chinese market via expos and other platforms.China encourages more Italian companies to enter the Chinese market through platforms such as the China International Import Expo, the China International Fair for Trade in Services, the China International…

The European Council and the African Union (AU) have thrown their support behind a proposal to create a new International Panel on Inequality (IPI), as momentum builds around a global push to confront what experts are calling an “inequality emergency.”Their backing comes amid growing pressure on G20 leaders from more…

Leaders of the G20 countries have warned that low-income countries are being pushed to the brink by rapidly rising interest payments on external public debt, highlighting a worsening financial squeeze that is undermining development and widening inequality across the global South.According to the Leaders' Declaration adopted at the G20 Summit…

Jubilee Metals Group, the London and JSE listed mining group, increased copper production by 65% in the first quarter of its financial year to September 30, with no material power outages affecting operations.The Zambia-focused copper producer said in an operational update on Friday that production was made up largely of…

Italy has unveiled an ambitious debt-relief plan aimed at easing the financial burden on low- and middle-income countries, declaring that sustainable development cannot be achieved without addressing the crushing debt many nations face.Africa faces growing financing pressures as rising debt service costs severely constrain development. By the end of 2024,…

Italy has unveiled an ambitious debt-relief plan aimed at easing the financial burden on low- and middle-income countries, declaring that sustainable development cannot be achieved without addressing the crushing debt many nations face.Africa faces growing financing pressures as rising debt service costs severely constrain development. By the end of 2024,…

As leaders gathered for the opening of the G20 Leaders' Summit on Saturday, South Africa used its presidency of the bloc to deliver a forceful message that tackling inequality must be at the heart of global economic cooperation if the world is to secure a stable and prosperous future.President Cyril…

South Africa is using its hosting of the G20 Leaders' Summit in Johannesburg this week to push for deeper partnerships on clean industrialisation, energy transition, and the rapid scaling-up of electric vehicle (EV) production, according to the Ministry of Trade, Industry and Competition (the stic).Speaking on the sidelines of the…