South African energy and chemicals company Sasol has withheld its dividend despite reporting improved annual earnings because its debt remained above the limit set by its shareholder-distribution policy. Sasol’s headline earnings per share increased by 9%, while basic earnings per share rose 79%. The company did not declare a dividend. Net debt remained at approximately…
A former Ethiopian minister recently alleged that Egypt and its collaborators had initiated plans to cut off its access to the Red Sea, given Addis Ababa’s role as the source of the Abay (Nile) River. A former Ethiopian minister accused Egypt of attempting to block Ethiopia’s access to the Red Sea by fueling internal conflicts…
Sweden, a $760 billion European economy, has ended an 18-year development aid programme in Liberia worth SEK 5.77 billion (about $600 million) as the country redirects more of its resources towards Ukraine and a major expansion of defence spending. Sweden has ended its 18-year, $600 million development aid program in Liberia as of August 31.…
South Africa has reopened its search for a private investor in South African Airways, nearly two years after abandoning a proposed sale of 51% of the national carrier. South Africa has authorised a new competitive search for an equity partner for its national airline. The investor is expected to supply capital, aviation expertise and support…
The United States received 10,258 refugees in the first 10 months of its 2026 fiscal year, but an overwhelming 10,255 of them came from South Africa, as President Donald Trump’s policy of prioritising Afrikaner refugees dramatically reshaped America’s refugee intake. In the first 10 months of FY2026, the US admitted 10,258 refugees, with 10,255 coming…
Morocco’s King Mohammed VI is ending a busy August marked by thousands of royal pardons, diplomatic gains over Western Sahara, renewed tensions over Ceuta and a series of engagements spanning Africa, the Americas and Asia. King Mohammed VI of Morocco had a busy August, marked by granting over 2,200 royal pardons and celebrating his 63rd…
Algeria has stepped up its military backing for Niger, sending fighter jets, helicopters and other military aircraft to Niamey days after a mutiny threatened the country’s military government and triggered a direct intervention by Russia’s Africa Corps. Algeria has increased its military support for Niger by sending fighter jets, helicopters, and other aircraft after a…
Burkina Faso is seeking direct bilateral talks with Nigeria to review their relationship and discover new areas of collaboration, a move that might help calm diplomatic tensions between Abuja and Ouagadougou. Burkina Faso is seeking direct bilateral talks with Nigeria to strengthen their relationship and explore new collaboration opportunities. Tensions have risen between Nigeria and…
South Africa welcomed almost one million international tourists in July, but arrivals from China and India moved sharply in the opposite direction. South Africa received 991,696 overnight international tourists in July, 12.5% more than a year earlier. Visitors from SADC countries accounted for almost four out of every five tourists. Indian arrivals fell 26.9%, while…
