The New Collective Quantified Goal – a post-2025 climate finance target – is set to be a defining agenda item at COP29, aiming for a more ambitious and equitable financial commitment for developing countries, says Punki Modise.
Explosives, chemicals and fertiliser group Omnia reported a 17% surge in interim operating profit on Monday thanks largely to standout performances from its mining segment and its South African agriculture business.
Shares in Woolworths surged more than 4% on Monday after an update showed its blue-chip food business continuing its strong growth trajectory and its fashion, beauty and home business delivering improving sales metrics.
South Africa’s largest retailer, Shoprite, has condemned the ongoing violence in Mozambique, after with one of its OK Furniture stores in Maputo looted this after.
The Western Cape High Court issued a ruling in less than a day lifting a preservation order against R100m in bank accounts linked to controversial brokerage Banxso.
The US Federal Reserve shrugged off concerns about the economic impact of Donald Trump’s election victory and moved ahead with a quarter point cut Thursday.