Oil Markets Signal Confidence in Supply Adaptation Despite Escalating Iran Conflict
The global oil market continues to reflect confidence in its ability to adapt to prolonged geopolitical ...
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Tag: Middle East
South Africa Keeps Repo Rate at 7% as Inflation Rises to 5%
The South African Reserve Bank has kept its benchmark repo rate unchanged at 7 percent, signalling ...
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EU Carbon Levy Proposal Sparks Airline Opposition Over Costs on Africa and Middle East Routes
The European Union’s proposed expansion of carbon pricing to cover selected international flights has drawn growing ...
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Heathrow Passenger Numbers Dip as Middle East Conflict Outweighs World Cup Travel Demand
Heathrow Airport recorded a decline in passenger traffic during June as the prolonged conflict involving Iran ...
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South African rand slips as markets weigh anti immigration demonstrations
The South African rand weakened against the United States dollar in early trading on Tuesday as ...
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South Africa Shifts Fuel Imports to United States Amid Supply Disruptions
South Africa has increased imports of refined fuel from the United States, with recent shipments totalling ...
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Egypt Declares Israel Gas Deal Commercial, Reaffirms Palestinian Support
Egypt’s State Information Service (SIS) has reaffirmed that the recently announced natural gas agreement with Israel ...
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Kenya’s Flower Exports Face Setbacks Following US Tariff Measures
Kenya’s floriculture sector—renowned for its high-quality roses, carnations, and summer blooms—has encountered new challenges in its ...
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Suez Canal Revenue Plummets by 60% in 2024 Amid Regional Instability
The Suez Canal, one of the world’s most significant maritime trade routes, experienced a dramatic revenue ...
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IMF Warns of Prolonged Inflationary Pressures in Middle East and Sub-Saharan Africa Despite Progress in Advanced Economies
The International Monetary Fund (IMF) has issued a sobering warning that inflationary challenges will persist significantly ...
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WHO WE ARE
The Southern African Times is a regional bloc digital newspaper that covers Southern African and world news. The paper also gives a nuanced analysis on news and covers a wide range of reporting which include sports, entertainment, foreign affairs, arts and culture.