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South Africa inflation at 5% in June

South Africa’s headline inflation rose to 5.0% in June from 4.5%, the highest in roughly a year, driven largely by a sharp jump in transport costs and fuel prices, with transport inflation at about 12.7% and housing, utilities, and insurance also contributing to the rise. The hotter reading adds pressure on the central bank to tighten policy, with markets pricing potential further rate hikes at the upcoming decision.

the Middle East South Africa’

17h

Soccer

WAFCON Prize Up to $2 Million, 16 Teams

CAF has raised WAFCON prize money to $2 million for the champions, up from $1 million, with Motsepe highlighting tangible investment in women's football. At the FIFA World Cup 2026, nine African teams reached the knockout stage—the highest ever percentage—sparking Motsepe's pride in Africa's performances alongside the broader prize increases for the tournament.

Patrice Motsepe

12h

Africa

Lalit Modi Cleared, SAFEMA Tribunal Sets Aside Penalties

The SAFEMA Appellate Tribunal has set aside the penalties in the FEMA case tied to IPL 2009 in South Africa, ruling that the remittances were current account transactions and that Lalit Modi was not responsible for BCCI’s FEMA compliance. Modi framed the verdict as vindication after more than sixteen years, saying the IPL’s move to South Africa helped save and grow the league and that he acted in good faith.

Lalit Modi

1d

Africa

Afriski Africa's Alpine Gem Draws Tourists

Afriski Mountain Resort in Lesotho’s Maluti Mountains is the continent’s only fully operational ski destination in sub‑Saharan Africa, relying on high altitude and extensive artificial snowmaking to sustain a 17‑hectare, roughly 1‑kilometer groomed run that draws thousands of visitors, mainly from South Africa, and supports tens of thousands in regional tourism spending and hundreds of jobs. Yet the resort faces climate and resource pressures, including drought and the energy-intensive snowmaking needed to keep slopes open, highlighting the fragile balance between its economic impact and environmental challenges in a warming Southern Hemisphere.

1d

Pulse

Pulse

Africa

South Africa inflation at 5% in June

WAFCON Prize Up to $2 Million, 16 Teams

Lalit Modi Cleared, SAFEMA Tribunal Sets Aside Penalties

Afriski Africa's Alpine Gem Draws Tourists

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