South Africa

Wealth in Turkey grew the most in the world at 157% despite soaring inflation, according to ranking

Turkey came out miles ahead of the rest of the world in an annual global wealth ranking — in a…

U.S. adds six companies to trade restriction list, four for training China’s military

The United States added six companies to its trade restriction list on Tuesday, including four for their links to the training of China’s military forces, according to a government posting. Two of the companies are in…

South Africa’s Ramaphosa re-elected as ANC strikes coalition deal

The African National Congress and its largest rival, the white-led, pro-business Democratic Alliance, agreed on Friday to work together in…

South Africans vote in the most pivotal election since the end of the apartheid

Some 30 years on from the peaceful transition from apartheid rule to democracy, South Africa could once again be on…

Russians flock to see NATO hardware seized in Ukraine; Moscow to beef up weapons, front line forces

This was CNBC’s live blog tracking developments on the war in Ukraine. Russian crowds are flocking to see a new…

The top UN court has ruled on Gaza genocide case. Here’s what happens now

Last month, the International Court of Justice ruled on South Africa’s legal case accusing Israel of genocide.  Legal proceedings began…

World Court hears Gaza Strip genocide case against Israel

The U.N.’s highest court is on Thursday hearing South Africa’s accusations of genocide by Israel in its ongoing war in…

U.S. slams ‘meritless’ Israel genocide suit, reigniting tensions with South Africa

South Africa’s genocide accusation against Israel has placed further strain on an already frayed relationship with the U.S. and could…

‘Excess profits’ at big energy and consumer companies pushed up inflation, report claims

LONDON — Major companies in the energy and food sectors amplified inflation in 2022 by passing on greater cost increases…