Latest news with #TannurAnders
Yahoo
07-03-2025
- Business
- Yahoo
South Africa rejects Musk claim Starlink can't operate there because he's not Black
By Tannur Anders and Sfundo Parakozov JOHANNESBURG (Reuters) - South Africa on Friday rejected a claim by multibillionaire Elon Musk that his Starlink satellite company could not operate in the country because he is not Black, and its telecoms regulator said Starlink had not applied for a licence. In his latest rebuke of the country where he was born and went to school, Musk wrote on X, which he also owns: "Starlink is not allowed to operate in South Africa, because I'm not black". See for yourself — The Yodel is the go-to source for daily news, entertainment and feel-good stories. By signing up, you agree to our Terms and Privacy Policy. Clayson Monyela, a senior official at the foreign affairs department, responded emphatically on the social media platform. "Sir, that's NOT true & you know it! It's got nothing to do with your skin colour. Starlink is welcome to operate in South Africa provided there's compliance with local laws," Monyela wrote. "This is a global international trade & investment principle." Musk appeared to be taking a swipe at local Black Economic Empowerment rules that foreign-owned telecommunications licensees sell 30% of the equity in their local subsidiaries to historically disadvantaged groups. South African technology news website TechCentral has reported that Starlink's parent company SpaceX wrote to telecommunications regulator ICASA telling it that it should rethink the 30% ownership requirement for licensees. An ICASA spokesperson said without elaborating: "ICASA has not received any application from Starlink or SpaceX." Communications minister Solly Malatsi did not answer a phone call seeking comment. TechCentral has reported that Malatsi has asked ICASA to consider "equity equivalents" like skills development to allow companies like SpaceX to operate locally. Starlink operates in many African countries, but in addition to South Africa it has faced obstacles in places like Cameroon and Namibia due to licensing disputes. Musk attended school in the South African capital Pretoria before emigrating to the United States, where he is now a top adviser to U.S. President Donald Trump as well as the world's richest person. Within weeks of taking office Trump has suspended U.S. aid to South Africa over its land reform policies and its genocide case against Washington's ally Israel at the World Court. (Additional reporting by Nqobile Dludla and Tim Cocks; Writing by Alexander Winning; Editing by Hugh Lawson)


Zawya
03-03-2025
- Business
- Zawya
South African manufacturing sentiment worsens further, Absa PMI shows
South African manufacturers reported a continued deterioration in business conditions in February, a local purchasing managers' index (PMI) survey showed on Monday. The seasonally-adjusted PMI sponsored by South African bank Absa slipped to 44.7 points in February from 45.3 in January, falling further below the 50-point mark that separates expansion from contraction. "This is the fourth consecutive contraction, as activity remains subdued. The manufacturing sector has seemingly not picked up following its poor performance towards the end of last year," Absa said in a statement. Respondents flagged a fall in business activity as a response to both a decline in demand and input supply issues. Export sales also fell further into contractionary territory mainly owing to lower-than-expected demand, global trade disagreements and logistics issues. "Uncertainties about global trade dynamics continued, with some respondents flagging that increased tension in SA-US relations had specifically worsened their prospects," Absa said. President Donald Trump cut U.S. financial assistance to South Africa in an executive order last month, citing disapproval of its approach to land reform and its genocide case against Washington's close ally Israel at the World Court. Absa said the return of scheduled power cuts after months of consistent supply may have also weighed on sentiment last month. (Reporting by Tannur Anders; Editing by Alexander Winning)
Yahoo
20-02-2025
- Politics
- Yahoo
EU's Kallas warns against Ukraine talks giving in to Russian aggression
By Tannur Anders and Nellie Peyton JOHANNESBURG (Reuters) - European Union foreign policy chief Kaja Kallas said on Thursday that interactions between the United States and Russia showed Moscow had not given up its territorial goals in Ukraine, and that appeasing it would send a dangerous signal. Last week, U.S. President Donald Trump shocked Europeans by arranging bilateral peace talks with Russia without including Ukraine, raising concerns that his approach to ending the conflict will benefit Russia. See for yourself — The Yodel is the go-to source for daily news, entertainment and feel-good stories. By signing up, you agree to our Terms and Privacy Policy. "We understand from those interactions that they (Russia) have had with the Americans (that) ... they haven't given up their goals," Kallas on the sidelines of the G20 meeting of foreign ministers in Johannesburg. "They want to have the maximum and plus on top of it." She warned that "if we are giving everything on the plate to the aggressor, it sends a signal to all the aggressors in the world that you can do this". Kallas said that some countries were focusing too much on mediation when they should be putting political and economic pressure on Russia to end the war. Trump on Wednesday called Ukrainian President Volodymyr Zelenskiy a "dictator" and urged him to accept a peace deal with Russia or risk losing his country. "The point right now that is somewhat overlooked is that Russia does not want peace," Kallas said. She added that it was premature to talk about sending peacekeeping troops to Ukraine - something that was discussed by European leaders in Paris this week - before a ceasefire. British foreign minister David Lammy said earlier on Thursday that he saw no appetite from Russia during the day's meetings for peace with Ukraine.


Reuters
30-01-2025
- Business
- Reuters
南ア中銀、0.25%利下げ 貿易戦争の潜在的影響を議論
[プレトリア 30日 ロイター] - 南アフリカ準備銀行(SARB、中央銀行)の金融政策委員会(MPC)は30日、政策金利のレポ金利 (ZAREPO=ECI), opens new tab を25ベーシスポイント(bp)引き下げて7.50%とした。3回連続の利下げとなる。不透明な世界情勢をにらみ、貿易戦争の潜在的影響についての議論に時間をかけた。 利下げは市場の予想通りだった。 委員会では4人が25bpの利下げを主張し、2人が据え置きを支持した。 同中銀は声明で「委員会は最終的に、政策の引き締め度合いを緩和し、スタンスをやや中立的にすることが可能だとの点で合意した。委員全員が不透明な世界経済の見通しを懸念していた」と述べた。 声明によると、委員会は、米国の関税が一律10%ポイント引き上げられ、他国が報復措置を取るという貿易戦争のシナリオの検討に時間を費やした。 このシナリオでは、通貨ランドが1ドル=21ランド近くまで下落し、国内インフレ率が5%に達すると予測した。中銀の発表後、ランドは1ドル=18.44ランド付近で取引されている。 ロイター調査によると、19人のエコノミスト全員が25bpの利下げを予想していた。ただトランプ米政権の政策がどのように具体化するかを見守るため、今後の利下げは段階的になる可能性が高いとの見方が多い。 私たちの行動規範: 関連トピック 投資信託 Bhargav Acharya トムソン・ロイター Based in Johannesburg, Bhargav reports on breaking news across Sub-Saharan Africa. He has covered several high-profile stories on the continent, including former Paralympic star Oscar Pistorius's parole and release and the BRICS summit. Previously he spent three and a half years in Bengaluru, India, as part of Reuters' Global News Monitoring team. He has a master's degree in International Studies. Tannur Anders トムソン・ロイター Tannur Anders, based in Johannesburg, is a Breaking News Correspondent covering Sub-Saharan Africa. She has covered Johannesburg Stock Exchange-listed companies, the BRICs Summit of emerging economies and the South African central bank's interest rate decisions. Anders holds an undergraduate Politics, Philosophy and Economics degree and a post-graduate degree in Journalism and Media Studies. She is passionate about political-economic stories that highlight social issues. Her career highlight is interviewing the youngest-ever Nobel Peace Prize winner Malala Yousafzai.