Namibia’s diamond industry is facing another sharp contraction, with the Bank of Namibia warning that weak global demand, growing competition from lab-grown diamonds and trade tariffs are deepening what it describes as a structural decline in the sector. https://t.co/qdwzVGHglZ
WATCH | The Mineral and Petroleum Resources Department has acknowledged an error in its calculation of the diesel price increase. The price will rise by R5.27 per litre, not R6.19 per litre as previously announced.
WATCH | Econometrix Chief Economist Dr Azar Jammine says the United Arab Emirates' decision to withdraw from OPEC and OPEC Plus will not have an enormous impact in the long term.
OPINION | Stand with South Africa against Trump’s wrath: To allow South Africa to be isolated and punished would be to surrender to the imperial logic that seeks to divide and conquer all who resist.
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US job growth accelerated in September and the unemployment rate slipped to 4.1%, pointing to a resilient economy that likely does not need the Federal Reserve to deliver large interest rate cuts for the rest of this year https://t.co/rb6XrNDWHb
The South African Reserve Bank’s decision to cut the repo rate by 25 basis points to 8% might have come too late for households buckling from debt, rising costs, and a looming electricity tariff hike.
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🇨🇳 #China’s Consumer Inflation Picks Up But Demand Concerns Persist - Bloomberg
*But core CPI #inflation (which excludes prices for food and energy) fell to 0.4% from 0.6% in May-June, the weakest reading since January ⚠
https://t.co/gQk6Qcwg66
Timothy Marsland, fighting extradition to Botswana on criminal charges, claims that country’s spies are trying to force him to help frame ex-president
https://t.co/8WyKvJ7mUm
The African continent is being blasted by extreme weather, turbocharged by a climate crisis it has done next to nothing to create.
Yet, Africa - home to 30% of minerals critical to renewables & 60% of the world's best solar resources - could be a renewable energy giant.
What if carbon dioxide and methane from a landfill could power an airplane? Australian researchers say they’ve come up with a way to do just that and it could help the aviation industry meet its net-zero carbon emissions target by 2050