Page 3 - South Africa

Indian mining firms eye opportunities as South Africa eases regulations

The South African government's move to ease mining regulations and privatisation of infrastructure opens up opportunities for Indian business, according to Nitin Agrawal, Group Chairman of Oza Holdings, which has assets in the mining and manufacturing sectors. Agrawal was addressing a gathering of 36 business leaders from the NPO Young Indians, which is part of the Confederation of Indian Industry (CII). The delegation was in South Africa in the past week as part of the G20 Young Entrepreneurs Alliance. South Africa holds the Presidency of the G20 this year. Indian Consul General in Johannesburg Mahesh Kumar hosted the group for interactions with local business leaders, government representatives and business school leaders. "South Africa is a large and developed economy within Africa. It has very well-established mineral reserves and resources, along with very well-developed infrastructure, be it road, rail, or ports that can handle large volumes of commodities. It has a very good

Trump to skip G20 summit in South Africa, V-P Vance to attend in his stead

The president's fight with South Africa reached a boiling point in May when he ambushed President Cyril Ramaphosa with a video purporting to back up his claims White farmers are being targeted

ArcelorMittal South Africa job cuts likely to rise above 4,000: Report

The company has been reporting losses since 2023 and posted a half-year headline loss of 1.0 billion rand ($56 million) on persistently low sales volumes and low prices

US aid cuts leave South Africa's most vulnerable struggling for HIV drugs

On a warm evening in Johannesburg, the news spread like wildfire among sex workers: Within 24 hours, several nonprofit clinics providing free HIV services would be closing as President Donald Trump announced the United States was slashing foreign aid. Some South Africans living with, or at risk of, HIV secured supplies of life-saving drugs just in time. Others did not. Half a year later, the country with more people living with HIV than any other is struggling to treat its most vulnerable. Over 63,000 people were being treated in the 12 clinics across the nation that shut down. Up to 220,000 people have faced disruption to their daily HIV medication. South Africa's government has vowed it won't let the US withdrawal of about USD 427 million in support collapse its HIV program, the largest in the world. Sex workers, among the most vulnerable South Africans as their work is illegal, and transgender people spoke to The Associated Press on condition of anonymity for fear of retaliation

Tata Motors returns to South African car market after six-year absence

Growing demand for budget-friendly cars is luring global automakers to offer consumers more options

Lavish homes left by fleeing Gupta brothers up for sale in South Africa

Atul, Rajesh and Ajay Gupta fled to Dubai in 2018, just before the ANC forced Jacob Zuma to resign as president over declining support linked partly to his ties with the controversial family

Natco Pharma offers to acquire 35% in Adcock Ingram for ₹2,000 crore

The proposed Rs 2,000 crore deal will give Natco Pharma a strategic foothold in South Africa, with transaction completion expected within four months subject to approvals

Trump tariffs may cost South Africa 100,000 jobs: Central bank chief

Kganyago told local radio station 702 that the impact of the 30 per cent tariff, which Africa's biggest economy faces from August 1, could cause significant damage to specific industries

G20 watchdog outlines climate risk plan but halts further policy work

The US has withdrawn from multiple groups dedicated to exploring how flooding and wildfires and big climate-related policy shifts could impact financial stability

US aid cuts pause HIV vaccine research in S Africa, to have global impact

Just a week had remained before scientists in South Africa were to begin clinical trials of an HIV vaccine, and hopes were high for another step toward limiting one of history's deadliest pandemics. Then the email arrived. Stop all work, it said. The United States under the Trump administration was withdrawing all its funding. The news devastated the researchers, who live and work in a region where more people live with HIV than anywhere else in the world. Their research project, called BRILLIANT, was meant to be the latest to draw on the region's genetic diversity and deep expertise in the hope of benefiting people everywhere. But the $46 million from the US for the project was disappearing, part of the dismantling of foreign aid by the world's biggest donor earlier this year as President Donald Trump announced a focus on priorities at home. South Africa hit hard by aid cuts South Africa has been hit especially hard because of Trump's baseless claims about the targeting of the ..

Cricket's spirit lives: Wiaan Mulder's humility reveres the game's legacy

What South African Captain Wiaan Mulder did is out of character with the times, but it shows humility and reverence for the spirit of this great game

SA20 Season 4: Full schedule, live match time (IST), streaming details

JioHotstar, through its app and website, will live stream SA20 Season 4 matches in India

Without subsidies, Musk would probably have to head to South Africa: Trump

Donald Trump made these remarks after Elon Musk criticised cuts to clean energy credits in the Senate version of the EV bill and hinted at launching a political outfit

Proteas' WTC win is redemption for unsung black players who went before

South Africa has long chased Desmond Tutu's vision. On June 14 at Lord's, it finally felt within reach

More white South Africans arrive in US as new refugee programme begins

A second group of white South Africans has arrived in the United States under a refugee programme announced by the Trump administration, officials and advocacy groups said Monday. Nine people, including families and children, arrived late last week, said Jaco Kleynhans, head of international liaison at the Solidarity Movement, a group representing members of South Africa's white Afrikaner minority. The group travelled on a commercial flight, he said. A spokesperson for the US Embassy said in an email to The Associated Press that refugees continue to arrive in the United States from South Africa on commercial flights as part of the Afrikaner resettlement programme's ongoing operations. An initial group of 59 white South Africans arrived at Dulles International Airport in Virginia on a chartered flight last month under the new programme announced by US President Donald Trump in February. The Trump administration fast-tracked the resettlement of white South Africans after indefinitely

South Africa's Sanlam to become co-promotor at Shriram AMC with 23% stake

Sanlam joins as co-promoter of Shriram AMC, infusing ₹105 crore to boost quantamental investing and product innovation in India

Explained: South Africa's land reforms and why Trump cried 'white genocide'

A meeting on US-South Africa ties turned tense when US President Donald Trump accused South Africa of orchestrating 'white genocide' disguised as land reform

Trump lectures Ramaphosa over 'white genocide' in South Africa, shows clips

While Cyril Ramaphosa sought to reset ties with Washington, Donald Trump played footage alleging white genocide in South Africa and challenged land reform policy

Trump stages another Oval Office ambush, lecturing South Africa's Ramaphosa

Trump has objected to a land bill that Ramaphosa signed late last year that will make it easier for the government to expropriate private property if it's in the public interest

Trump confronts South African president over killing of white farmers

The South African leader had sought to use the meeting to set the record straight and salvage his country's relationship with the United States