South African Official News

ADDIS ABABA — Prime Minister Abiy Ahmed stated that recent macroeconomic reforms have been pivotal in sustaining the existence of Ethiopian banks amid economic challenges. The reforms addressed significant systemic issues such as the lack of foreign currency from exports and the impact of a closed economy, which have been…

ADDIS ABABA – Prime Minister Abiy Ahmed emphasized the critical importance of macroeconomic reform in Ethiopia, aiming to integrate the nation into the global economy, including the African Continental Free Trade Area (AfCFTA).According to Ethiopian News Agency, the macroeconomic reform is essential for Ethiopia to shift from a predominantly closed…

KAMPALA – During the 32nd Annual Nile Basin Council of Ministers Meeting, Ethiopia’s Minister of Water and Energy, Engineer Habtamu Itefa, underscored the significant progress made toward establishing the Nile Basin Commission through the Nile Basin Cooperative Framework Agreement (CFA).According to Ethiopian News Agency, the implementation of the CFA over…

ADDIS ABABA – In a major policy shift, Ethiopia's Finance Minister Ahmed Shide has outlined a new macroeconomic strategy aimed at bolstering economic growth while prioritizing the welfare of low-income citizens.According to Ethiopian News Agency, the policy will be rolled out as part of the comprehensive Homegrown Economic Reform initiative,…

OKAUKUEJO, ETOSHA NATIONAL PARK – The Ministry of Environment, Forestry, and Tourism announced a significant commitment to upgrade the aging infrastructure of Etosha National Park, in honor of its approaching 115th anniversary.According to Namibia Press Agency, who spoke during a ceremony at Okaukuejo within Etosha, the ministry has launched an…

JOHANNESBURG — President Cyril Ramaphosa has appointed Paul Mashatile as the Deputy President of South Africa, a position he previously held in the country's sixth administration. This announcement was made during a national address on Sunday evening, where President Ramaphosa introduced his new cabinet. According to South African Government News…

Barbados — President Cyril Ramaphosa has expressed his admiration for the South African national cricket team, the Proteas, following their recent performance in the ICC Men’s T20 final. Despite a narrow defeat by India with a final score difference of seven runs, the President commended the team for their exemplary…

Pretoria — President Cyril Ramaphosa is scheduled to announce a new National Executive today at 9 PM in a televised address to the nation. The announcement comes shortly after his recent inauguration on June 19, which itself followed his election by the National Assembly on June 14. This new team…

PRETORIA — In a symbolic ceremony held at the historic Union Buildings, President Cyril Ramaphosa was sworn in for his second term on 19 June 2024, pledging allegiance to uphold the Republic of South Africa's Constitution. This event marks the beginning of the seventh administration in democratic South Africa, reinforcing…

JOHANNESBURG — President Cyril Ramaphosa has officially signed three significant bills into law: the National Land Transport Amendment Bill, the Economic Regulation of Transport Bill, and the Municipal Fiscal Powers and Functions Amendment Bill. These legislative measures are expected to have wide-ranging impacts on South Africa's transport sector and municipal…