South Africa’s economic outlook is facing renewed uncertainty as the widening war involving Iran, Israel and the United States begins to ripple through global energy markets, raising concerns about fuel prices, inflation and the timing of potential interest rate cuts. Oil markets reacted sharply as the conflict intensified. Brent crude surged past $100 a barrel […]
African Bank has appointed veteran banker Zweli Manyathi as its next chief executive as the lender enters what its board describes as a consolidation phase following several years of expansion and acquisitions. The bank announced that current group chief executive Kennedy Bungane will step down after five years in the role, during which he led […]
What began with coordinated US and Israeli air strikes on Iranian targets on 28 February has since evolved into a regional confrontation involving missile exchanges, attacks on military installations across the Gulf and intensified fighting along Israel’s northern frontier
As Iranian conflict rattles oil markets and raises economic risks for South Africa, Finance Minister Enoch Godongwana is building a scenario plan to assess the implications for the country
Ambassador Mansour Shakib Mehr said Tehran’s actions ‘are directed at military bases used against us’
Energy reliability without logistics efficiency is insufficient.
Qatar is one of the world’s largest exporters of liquefied natural gas and a suspension of output removes roughly 20% of global trade by volume from immediate supply
The United Nations Charter prohibits the use of force against the territorial integrity or political independence of another state, the only recognised exception being self-defence in response to an armed attack
US President Donald Trump warned members of the Islamic Revolutionary Guard to lay down their arms or face ‘certain death’.
Shari’ah-compliant finance gains momentum in South Africa With renewed sovereign sukuk issuance and steady portfolio growth, Shari’ah Banking is carving out a deeper presence in the financial system. Its long-term impact will depend on inclusion, innovation and market depth. Shari’ah Banking and investment have long occupied a defined, but contained, space within South Africa’s financial […]