South Africa faces a systemic skills crisis, not merely a lack of people. The current educational and training systems are inadequate in developing the competencies required by businesses, while policies for attracting international talent are outdated. This problem is exacerbated by rapid global technological advancements, particularly in areas like AI,
Centre-right candidate Rodrigo Paz Pereira has won Bolivia’s presidential runoff, ending nearly two decades of leftist rule and signalling a potential recalibration of the country’s international alliances, including its relationship with the BRICS bloc. In a significant political realignment, centre-right senator Rodrigo Paz Pereira was elected as Bolivia’s next president
In the United Arab Emirates, the Central Bank of the UAE (CBUAE) lowered its base rate on the overnight deposit facility by 25 bps to 3.90 per cent, easing from 4.15%. The move takes effect immediately and marks the second rate cut of the year for the UAE. Similarly, Saudi
Amid mounting trade shocks and heightened geopolitical uncertainties, Chinese President Xi Jinping will join leaders from APEC economies in South Korea in the coming days, in a bid to build consensus for shared prosperity and reaffirm China’s commitment to open, inclusive economic globalisation. The International Monetary Fund has projected that
Amid mounting trade shocks and heightened geopolitical uncertainties, Chinese President Xi Jinping will join leaders from APEC economies in South Korea in the coming days, in a bid to build consensus for shared prosperity and reaffirm China’s commitment to open, inclusive economic globalisation. The International Monetary Fund has projected that
On November 5 the Supreme Court of the United States will hear oral arguments on whether the US President may, acting alone, impose tariffs under emergency powers. The case centres on the actions of Donald Trump and his use of the International Emergency Economic Powers Act (IEEPA) to declare national
Global investment giant Goldman Sachs is intensifying its presence in the Middle East by establishing a private wealth management team in Saudi Arabia, marking a significant step in its strategy to capture a growing segment of high-net-worth investors across the Gulf region. The move comes as Saudi Arabia accelerates efforts
Global investment giant Goldman Sachs is intensifying its presence in the Middle East by establishing a private wealth management team in Saudi Arabia, marking a significant step in its strategy to capture a growing segment of high-net-worth investors across the Gulf region. The move comes as Saudi Arabia accelerates efforts
President Luiz Inácio Lula da Silva’s administration is intensifying efforts to levy taxes on Brazil’s rapidly expanding online gambling sector, aiming to bolster revenue for the 2026 national budget. Finance Minister Fernando Haddad’s initiative, branded under the “billionaires, banks and bets” agenda, targets R$35 billion (€6.2 billion) through levies on companies that
President Luiz Inácio Lula da Silva’s administration is intensifying efforts to levy taxes on Brazil’s rapidly expanding online gambling sector, aiming to bolster revenue for the 2026 national budget. Finance Minister Fernando Haddad’s initiative, branded under the “billionaires, banks and bets” agenda, targets R$35 billion (€6.2 billion) through levies on companies that