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South African MP convicted of firing a gun in public

South Africa South African opposition politician Julius Malema has been found guilty of illegal possession of a gun and firing it in public, offences which carry a minimum sentence of 15 years in prison. In 2018, a video emerged showing the Economic Freedom Fighters (EFF) leader using a semi-automatic rifle to fire several shots in […]
Business

South African inflation unexpectedly slows in August

South Africa on-year from 3.5% in July (ZACPIY=ECI), opens new tab, statistics agency data showed on Wednesday. Economists polled by Reuters had predicted annual inflation would edge up to 3.6%, still comfortably within the central bank’s 3%-6% target range. Well-contained inflation has allowed the South African Reserve Bank (SARB) to cut its main lending rate […]