Tag: Asia Economy

Now Trump is having a Twitter spat with South Africa over land reforms

President Donald Trump has fallen out with South Africa after taking to Twitter to criticize the government's land reforms, prompting a sharp rebuke from Pretoria.

South Africa will avoid a ‘knee-jerk’ reaction to currency weakness, central bank deputy says

Escalating trade tariffs between the world's two largest economies and an ongoing currency sell-off will keep pressure on the bank's policy makers.

UAE gives Ethiopia $1 billion lifeline to ease foreign exchange crisis

The sum is part of a total of a $3 billion aid and investment pledge from the UAE to Ethiopia announced Friday.