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Tag: South Africa

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FG to repatriate over 1,000 Nigerians amid S’Africa tensions

The Federal Government has commenced plans to repatriate more than 1,000 Nigerians from South Africa following growing concerns over rising anti-immigrant sentiments and renewed xenophobic tensions in the southern African nation. The PUNCH reported that the development was disclosed on Friday by the spokesperson for Nigeria’s Ministry of Foreign Affairs, Kimiebi Ebienfa, after the commencement […]

Economy featured

South Africa’s inflation climbs to 4%, highest since 2024

South Africa’s annual inflation rate accelerated to four per cent in April 2026, marking its highest level since August 2024, as rising fuel prices pushed transportation and consumer costs higher across the economy. This is according to data released by Statistics South Africa on Wednesday. The increase reflects mounting pressure from energy-related costs despite continued […]

News

Fani-Kayode redeployed to South Africa amid xenophobia concerns

Former Aviation Minister, Femi Fani-Kayode, has confirmed his redeployment as Nigeria’s Ambassador-Designate to South Africa. Fani-Kayode disclosed this through a statement posted on his official X account, where he explained that President Bola Ahmed Tinubu approved his redeployment from Germany to South Africa following a personal request. His reassignment comes amid recent xenophobic attacks in […]

Technology

South Africa withdraws AI policy over fake reference sources

South Africa’s Minister of Communications and Digital Technologies, Solly Malatsi, has withdrawn the country’s Draft National Artificial Intelligence Policy after it was discovered that the document contained fictitious sources in its reference list. The minister disclosed this in a statement posted on his X handle on Sunday. He described the lapse as a serious breach […]

Business

South Africa withdraws draft AI policy over fake references

South Africa’s Minister of Communications and Digital Technologies, Solly Malatsi, has withdrawn the Draft National Artificial Intelligence Policy after fictitious sources were discovered in the document’s reference list. The minister announced the decision in a statement shared on his X account on Sunday. He said the lapse constituted a serious breach that compromised the integrity […]

Economy

South Africa’s inflation rises to 3.1% as cost pressures persist

South Africa’s headline consumer inflation edged up slightly to 3.1 per cent year-on-year in March 2026, compared to 3.0 per cent recorded in February, according to the latest consumer price index data released by the country’s statistics agency. The marginal increase reflects moderate cost pressures across key sectors of the economy, even as food inflation […]

Oil and Gas

S’Africa, others turn to Dangote Refinery amid Iran war

Several African countries, including South Africa, have approached the Dangote Petroleum Refinery to secure fuel supplies following disruptions linked to the ongoing conflict involving Iran, Bloomberg reports on Friday. Findings showed that the 650,000-barrels-per-day refinery owned by Nigerian billionaire Aliko Dangote has received multiple inquiries from governments seeking alternative fuel sources. South Africa is reportedly […]

Nigeria excluded as Trump hosts African leaders in Washington
Appointments

Trump’s envoy arrives S’Africa amid strained bilateral ties

A conservative media critic selected by United States President Donald Trump to serve as ambassador to South Africa has arrived in the country to assume his position, according to the US embassy announcement on Tuesday. Relations between Washington and Pretoria remain fractured due to disagreements on various international and domestic matters, including South Africa’s genocide […]

Business

Swiss banking giant Banque Pictet opens office in S’Africa

Swiss private banking group Banque Pictet has opened its first office in Africa. This development marks a significant expansion for the institution as the continent’s millionaire population is projected to rise sharply over the next decade. Banque Pictet is a 220-year-old private lender. It established a representative office in South Africa after securing approval from […]

EU to criminalize AI-generated porn images, deepfakes
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Nigeria, South Africa delisted from EU high-risk countries

The European Union has removed Nigeria and South Africa from its list of High-Risk Third Country Jurisdictions, a development expected to significantly enhance financial transactions, trade and investment flows between the affected countries and the EU. South Africa’s National Treasury disclosed the development in a statement issued on Tuesday, noting that the decision was published […]

featured Life Style

Cookware CEO Paul van Zuydam becomes S’Africa’s latest billionaire

South Africa has welcomed a new entrant into the billionaire class with the emergence of industrialist Paul van Zuydam as a dollar-denominated billionaire. The 87-year-old owner of French cookware giant Le Creuset has joined the Forbes Real-Time Billionaire Index with an estimated net worth of $1.7 billion, becoming South Africa’s eighth dollar billionaire. Van Zuydam’s […]

News

S’African exporters shift focus to Africa amid US tariffs

South African agricultural exporters are expecting higher United States tariffs to persist as the diplomatic rift between Pretoria and Washington continues. In response, these exporters are actively seeking alternative markets on the African continent. Danie Dörfling, the head of business development at Moore Infinity, informed Business Times that liberalized trade policies could boost intra-Africa trade […]

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