Seipati Tshabalala

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South Africa

When the African National Congress swept to power under Nelson Mandela in South Africa’s first multiracial elections in 1994, its campaign slogan …

South Africa

State-owned enterprises: Chaos inside a mess, wrapped in politics

We have to begin by saying that there are, of course, one or two state-owned enterprises (SOEs) that are somewhat improving, Telkom, Transnet. But …

South Africa strives to save jobs at under-fire mines

PRETORIA (Reuters) - South Africa’s mining ministry held talks with companies and unions over planned job cuts on Wednesday, as President Jacob Zuma’s government frets over high unemployment ahead of key elections next year.<p>The mining industry, which contributes around 7 percent to Africa’s most …

South Africa

South Africa is unraveling – and no one seems to care

South Africa is headed for a major crisis because important plans for the country are beginning to unravel under poor leadership, University of …

Africa

Latvia to buy Stinger ground-to

Latvia said Friday it would buy Stinger ground-to-air missiles from the United States next year, amid concern in the ex-Soviet Baltic state over …

Russia

Estonia Is Hosting an E-Residency Hackathon

Easy business filing. Easy tax filing. Better access to services. (If only the US would take a cue.)<p>Estonia, the most connected country in the world, recently introduced an e-resident program, which creates a digital identity, even for non-residents. Now, a hacker space in Estonia is teaming up …

Blockchain

Latvia To Acquire US Stingers, Boost Air Defense

WARSAW — Latvia’s top military chief, Lt. Gen. Raimonds Graube, has announced plans to acquire Stinger anti-aircraft missiles from the US.<p>The amount …

Latvian military spots ‘Russian navy ship’ near its borders

Latvia’s National Defense Forces say a Russian naval ship was spotted nine kilometers from the country’s territorial waters.<p>According to the Latvian …

Military

12 Russian military aircraft spotted near Latvia’s sovereign airspace

Russia has flown hundreds of aircraft and positioned dozens of ships during the last 18 months near the territory of the former Soviet republics of Latvia, Estonia and Lithuania, prompting alarm across Eastern Europe and inside NATO.<p>"Patrol aircraft have identified on Wednesday four Mikoyan MiG-31, …

Russia

Oil Falls to Fresh Lows on Supply Concerns

Oil prices kicked off the month deep in the red, sliding to fresh multi-month lows on Monday, with bearish supply and demand data contributing to the market's gloomy mood.<p>Chinese manufacturing activity fell to a two-year low, according to data released Monday, clouding the demand outlook for the …

Stock Markets

China's huge factory sector is struggling

China's factories hit an unexpected speed bump in July, hiking concerns about slower growth in the world's second-largest economy.<p>The government's official purchasing managers' index hit 50.0 in July, according to the National Bureau of Statistics, down from 50.2 the previous month. Any number …

CNN

China and Asia are on shaky ground

Similar business activity surveys for Taiwan, South Korea and Indonesia — all heavily reliant on Chinese demand — reflected varying degrees of weakness that is clouding hopes for a convincing global recovery in the second half of the year.<p>With Greece's latest debt squeeze resolved, for now, …

Economy