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South Africa Calls for Fair Loan Rates at G20 Meeting Business

South Africa Calls for Fair Loan Rates at G20 Meeting

  • December 9, 2024
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African countries face higher loan interest rates than industrialized nations. International Relations Minister Ronald Lamola called this unfair. He urged for revolutionary solutions to end the disparity. Lamola said Africa should not pay more for similar loans. These inequalities, he added, block progress in energy transitions and key technologies. The issue dominated discussions at the […]

cyril ramaphosa, south africa president Other News Updates World

South Africa Introduces it’s first Climate Change Law

  • July 25, 2024
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South African President Cyril Ramaphosa signed the country’s first comprehensive climate change act. This new law imposes emission caps on major polluters. It also requires every municipality to develop and publish a climate adaptation plan. The bill helps South Africa meet its emission reduction commitments under the Paris Agreement. South Africa is the world’s most […]