South Africa

South Africa's Reserve Bank will raise interest rates for the last time in this cycle by 25 basis points on March 30, in anticipation of slower inflation ...

State electricity utility Eskom is implementing the worst rolling blackouts on record, leaving households in the dark for up to ten hours a day. The poll suggested growth would be 0.4% this year and 1.5% next. [European Central Bank](/business/finance/bank-lifelines-ease-global-financial-crisis-fears-2023-03-17/) sees no contagion for euro zone banks from recent turmoil, a source said on Friday, after U.S. and elsewhere." South Africa's central bank raised its main lending rate by 25 basis points to 7.25% in January. Policy members will also be mindful of the recent spike in banking sector stress in the U.S.

Central banks in Africa's biggest economies are poised to raise interest rates this month to contain sticky inflation and deter a selloff in their assets ...

South Africans are nervously awaiting a “national shutdown” Monday announced by the radical opposition Economic Freedom Fighters (EFF) party, ...

[Anadolu Agency website contains only a portion of the news stories offered to subscribers in the AA News Broadcasting System (HAS), and in summarized form. The party has requested non-essential workers to remain home or join the protest. We can’t fold our arms,” Malema said in a video message on the weekend.

Police call up reserves and reinforce security around government buildings ahead of planned protest.

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Authorities said there would be a heavy police presence to deal with any possible violence, after the third largest party, the Economic Freedom Fighters (EFF) ...

We are not going to allow lawlessness and acts of criminality." "The state has a responsibility to ensure that citizens can go on about their day... "We know of a planned protest. In a statement on Saturday, the party told would-be protesters their actions "must be militant and radical" but to behave "peacefully" and watch out for "agent provocateurs" attempting to hijack the strike. (Photo by PHILL MAGAKOE / AFP) Members of the the Economic Freedom Fighters (EFF) gather at Church Square in Pretoria on March 20, 2023 during a "national shut-down" called by their party to bring the country to a halt.

South African security forces said on Monday that 87 people had been arrested in the last 12 hours across the country over public violence ahead of planned ...

Register for free to Reuters and know the full story Parliament said in a statement on Sunday that the South African military would deploy 3,474 troops for a month until April 17 to prevent and combat crime in cooperation with the police. The EFF has called for a national shutdown to protest crippling power cuts and demand the resignation of President Cyril Ramaphosa.

Police and soldiers deployed across South Africa on Monday as the country braced for protests after a left-wing party called for a "national shutdown", ...

All the stealing, all the tarnishing of properties," she said as she skipped rope with a friend on the lawns south of Ramaphosa's office. Parliament announced that President Cyril Ramaphosa had authorised the deployment of 3,474 soldiers to assist police. "The EFF has every right to protest, but the party has no right to hold South Africa hostage in doing so," DA leader John Steenhuisen said. "We are tired of load shedding," he added, a reference to the electricity blackouts, echoing the "Down with Loadshedding" on the sign he was carrying. EFF spokesman Sinawo Tambo told AFP that concerns over looting and violence were "baseless" and accused the authorities of using excessive force by deploying the army in a bid to intimidate supporters. The country's third-largest party, the Economic Freedom Fighters (EFF), has urged South Africans to take to the streets and bring the country to a halt.

The EFF has labelled the SA National Defence Force's deployment ahead of its shutdown as a bid by President Cyril Ramaphosa to 'crush the calls for his ...

"As a chamber, we believe the only way to end the pain of poverty is to create jobs by promoting private sector-led growth. It is imperative that all progressive political forces clearly reject the normalisation of violence as we work toward a just peace." "We citizens and all who reside in South Africa remain anxious. "Business has two options on Monday. "The state uses everyday violence to govern the poor in this country. The opposition party likened the deployment of the army to a return to a state of emergency during apartheid.

The South African Police Service said law enforcement officers through the National Joint Operational and Intelligence Structure have arrested 87 protesters ...

South African security forces say 87 people had been arrested in the last 12 hours across the country over public violence before planned protests by the ...

There have also been arrests in other provinces such as Mpumalanga and the Eastern Cape. Parliament said in a statement on Sunday that the South African military would deploy 3,474 soldiers for a month until April 17 to prevent and combat crime in cooperation with the police. The arrests come before a planned protest by South Africa’s third-largest party against the country’s economic woes.

South African police on Monday monitored protests by the country's leftist Economic Freedom Fighters party, which is demanding the resignation of President ...

“All South Africans should be protesting with us right now because loadshedding (power cuts) is affecting all of us. “At least 24,300 tires have been confiscated by law enforcement agencies. The party urged all South Africans to participate in a national shutdown but there was limited response in most of the country’s major cities.

South Africa's second-largest opposition party, the Economic Freedom Fighters (EFF), organized a national shutdown on Monday, March 20, in protest at the ...

In a statement, Ramaphosa warned protesters that the demonstrations “do not give anyone the right to harass, intimidate or threaten anyone else”. In response to the shutdown, police called up reserves, and put additional protection around government buildings, according to local reports. Ahead of the shutdown, the EFF’s leader, Julius Malema, told supporters “no one can stop a revolution”, as he called on them to occupy streets and demand South Africa’s President Cyril Ramaphosa resign over an ongoing energy crisis that has led to rolling blackouts.