The cities of Johannesburg and Tshwane in South Africa are currently launching the 8th cycle of the Urban 20 (U20) under the theme "Cities Leading the Way in Reimagining Global Change, a key global initiative that shapes urban priorities for the G20 Summit and other international policy forums.  This marks the first time African cities are at the helm of the prestigious U20 process, highlighting the continent's growing influence in global urban governance. Thami Ngubeni spoke to the Executive Mayor of Johannesburg, Councillor Dada Morero.

The cities of Johannesburg and Tshwane in South Africa are currently launching the 8th cycle of the Urban 20 (U20) under the theme "Cities Leading the Way in Reimagining Global Change, a key global initiative that shapes urban priorities for the G20 Summit and other international policy forums. &nbsp;This marks the first time African cities are at the helm of the prestigious U20 process, highlighting the continent's growing influence in global urban governance. Thami Ngubeni spoke to the Executive Mayor of Johannesburg, Councillor Dada Morero.

In-depth financial issues, profiling of African businesses doing well internationally, stocks & market updates.

In-depth financial issues, profiling of African businesses doing well internationally, stocks &amp; market updates.

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Africa in Business

The 8th cycle of the Urban 20 highlights the continent's growing influence in global urban governance

South Africa's Presidency has welcomed what it describes as encouraging economic gains as the year draws to a close, citing a stronger rand, modest economic growth, and an improvement in employment.

Briefing the media, presidential spokesperson Vincent Magwenya said the currency has strengthened against major competitors, including the US dollar. GDP expanded by 0.5% in the third quarter, and unemployment declined to 31.9%, with the construction sector leading job creation.

Channel Africa's Reporter Micheal Mbewe has more.

South Africa's Presidency has welcomed what it describes as encouraging economic gains as the year draws to a close, citing a stronger rand, modest economic growth, and an improvement in employment.
Briefing the media, presidential spokesperson Vincent Magwenya said the currency has strengthened against major competitors, including the US dollar. GDP expanded by 0.5% in the third quarter, and unemployment declined to 31.9%, with the construction sector leading job creation.
Channel Africa's Reporter Micheal Mbewe has more.

South Africa's Presidency welcomes encouraging economic gains

Founder and President of Dangote Group, Aliko Dangote, over the weekend told the media that persistent fuel imports are undermining domestic refining efforts and threatening jobs.

Dangote added that imports are being exploited to "checkmate domestic potential," shifting employment and investment overseas while Nigeria struggles to expand its industrial base. He also called for an official inquiry into Farouk Ahmed, head of the Nigerian Midstream and Downstream Petroleum Regulatory Authority, citing concerns over alleged mismanagement and personal expenditures exceeding legitimate earnings.

Thami Ngubeni spoke to senior international trade consultant and author of Economic Diplomacy of the Diaspora, Collins Nweke.

Founder and President of Dangote Group, Aliko Dangote, over the weekend told the media that persistent fuel imports are undermining domestic refining efforts and threatening jobs.
Dangote added that imports are being exploited to "checkmate domestic potential," shifting employment and investment overseas while Nigeria struggles to expand its industrial base. He also called for an official inquiry into Farouk Ahmed, head of the Nigerian Midstream and Downstream Petroleum Regulatory Authority, citing concerns over alleged mismanagement and personal expenditures exceeding legitimate earnings.
Thami Ngubeni spoke to senior international trade consultant and author of Economic Diplomacy of the Diaspora, Collins Nweke.

Dangote calls for inquiry as fuel imports continue

South Africa's Minister of Electricity, Dr Kgosientsho Ramokgopa, says the country has identified a clear pathway to energy security, a move he believes will also unlock greater industrialisation and create much-needed jobs.

The minister was speaking in Pretoria, where he briefed the media on the pre-qualified bidders under the first phase of the Independent Transmission Projects procurement programme. Channel Africa's economics reporter, Innocent Semosa, was at the briefing and filed this report.

South Africa's Minister of Electricity, Dr Kgosientsho Ramokgopa, says the country has identified a clear pathway to energy security, a move he believes will also unlock greater industrialisation and create much-needed jobs.
The minister was speaking in Pretoria, where he briefed the media on the pre-qualified bidders under the first phase of the Independent Transmission Projects procurement programme. Channel Africa's economics reporter, Innocent Semosa, was at the briefing and filed this report.

South Africa identifies clear pathway to energy security, says Minister of Electricity  South Africa's Minister of Electricity, Dr Kgosientsho Ramokgopa, says the country has identified a clear pathway to energy security, a move he believes will also unlock greater industrialisation and create much-needed jobs.  The minister was speaking in Pretoria, where he briefed the media on the pre-qualified bidders under the first phase of the Independent Transmission Projects procurement programme. Channel Africa's economics reporter, Innocent Semosa, was at the briefing and filed this report.

The 8th cycle of the Urban 20 highlights the continent's growing influence in global urban governance

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