Public Investment Corporation chair says investments ‘not entirely prudent’PIC chair David Masondo. Picture: FREDDY MAVUNDA/BUSINESS DAYThe high level of impairments in the Public Investment Corporation’s (PIC) unlisted investment portfolio was overwhelmingly due to legacy inv
‘We must also recognise that the G20 may be reaching the end of a cycle.’Macron speaks during the opening plenary session at the G20 summit in South Africa. Image: BloombergEmmanuel Macron has a penchant for predicting the end of eras.Back in 2019, years before Russia’s
Donald Trump has warned no US officials will attend the G20 summit in South Africa over claims white people are being persecuted in the country.The US President said it is a "total disgrace" that South Africa is hosting the meeting between leaders from the world's largest economies.
Hours before South Korean president Lee Jae Myung was due to meet US president Donald Trump, a Truth Social post dropped."WHAT IS GOING ON IN SOUTH KOREA?" Trump wrote, pointing to a "Purge or Revolution" - which many saw as a reference to the prosecution of former preside
Former South African Deputy President David Dabede Mabuza has died at a Johannesburg hospital after a short illness.He was 64.His death was confirmed by the African National Congress (ANC) on Thursday, with Secretary General Fikile Mbalula describing Mabuza as a patriot, freedom fig
BBC | A senior figure from South Africa's ruling ANC party has defended his country's sovereignty amid growing tensions with the US over race relations and a new land law."We are a free country, we're a sovereign country. We're not a province of the United States and that
Pope Francis, who passed away on April 21, 2025, at the age of 88, is being mourned by millions across the world. His legacy as a spiritual leader, human rights advocate, and reformer has prompted tributes from heads of state, religious leaders, and global institutions.Known for his humili
Talks to license Starlink in South Africa have reportedly stalled over tensions with the Donald Trump administration in the US.Presidential spokesman Vincent NgwenyaTalks over licensing SpaceX’s Starlink service in South A
Pretoria, South Africa – South African President Cyril Ramaphosa has vowed to reinforce South African National Defence Force (SANDF) troops deployed in the Democratic Republic of Congo (DRC) following the deaths of 14 South African soldiers in attacks linked t
Rwandan President Paul Kagame has hit out at South African President Cyril Ramaphosa over the ongoing conflict in the Democratic Republic of Congo (DRC).Kagame made it clear that Rwanda will not be intimidated by
