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South Africa Hails COVID-19 Vaccine Patent Waiver

South Africa on Saturday hailed a WTO agreement to allow developing countries to start producing their own COVID vaccines following a near two-year battle. “We secured an agreement. It was.

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World Bank approves $474 million loan to South Africa for COVID-19 vaccines

The World Bank has approved a loan of 454.4 million euros ($474.4 million) to help South Africa fund COVID-19 vaccine purchases, the bank and South Africa’s National Treasury said in.

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S.Africa’s Gold Fields to become fourth-biggest gold miner with Yamana deal

South Africa’s Gold Fields Ltd is set to become one of the four biggest gold miners in the world after agreeing to acquire Canada-based Yamana Gold in a $6.7 billion.

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Hundreds evacuated amid renewed flooding in South Africa’s coastal province

Hundreds of people have been evacuated to safety after heavy rains once again hammered South Africa’s coastal province of KwaZulu-Natal, flooding roads and houses and damaging properties, a government official.

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South African Central Bank eyes digital rand to cut cross-border payment costs

A digital rand in South Africa could cut the high cost of cross-border payments for banks, but a senior central bank official said its introduction is still a few years.

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Zimbabwe Unfreezes Bank Lending Days After Policy Change

The Central Bank of Zimbabwe has removed its restriction on bank lending more than a week after the government froze credit to stop speculation against the swiftly depreciating local currency..

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Rising Stars: The Young Activists

Starting on the 15th of May 2022, the 5th Global Conference on the Elimination of Child Labour launched in Durban, South Africa. This particular one is unique from its predecessors;.

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South African retailer, Pick n Pay to cut $187 million in costs in 3 years

South African grocery and clothing retailer Pick n Pay aims to cut costs by 3 billion rands ($187 million) in the next three years and grow its market share by.

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South African court delays corruption trial of ex-president Zuma

On Tuesday, a South African court granted another adjournment in former president Jacob Zuma’s arms deal corruption trial, as his legal team pushes for the removal of the lead prosecutor.

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South Africa says it is still analyzing details of $8.5 billion climate deal with rich nations

South Africa’s government is still analysing details of an $8.5 billion financing package offered by wealthy Western nations last year to help the country shift away from coal, environment minister.

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