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South Africa

February

Mid-tier fashion group Country Road is owned by South Africa’s Woolworths Holdings.

Take me home, Country Road; eyes on Woolworths SA’s next move

The acquirer interest – understood to preliminary and include industry and high-level due diligence from at least two firms – comes at the back end of a troubling period for Country Road.

Donald Trump with new Attorney-General Pam Bondi.

Trump halts law banning bribery of foreign officials

The US president said removing the longstanding anti-corruption law will mean “a lot more business for America”.

January

No other Australian children require armed guards at preschool.

Is the writing on the wall for Australia’s Jewish community?

The next election will be the most consequential in the history of Australia’s Jews. My community can’t endure another three years of this hatred.

On these former farms in South Africa, lions and hippos roam free

When lawyer Colin Rushmere bought 600 hectares on the country’s east coast in pursuit of a conservation dream, he was dismissed as crazy. Now others are following suit.

A tent camp for displaced Palestinians amid destroyed buildings southern Gaza.

Israel warns troops off social media after Brazil seeks soldier over Gaza

The incident is the latest example of the legal fallout from Israel’s offensive in Gaza, which has killed more than 45,800 people, according to Palestinian officials.

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December 2024

Israeli soldiers cross the security fence moving towards the so-called Alpha Line that separates the Israeli-annexed Golan Heights from Syria, in the town of Majdal Shams.

Israel to close Ireland embassy over Gaza tensions

The decision to close the embassy came in response to what Israel’s foreign minister has described as Ireland’s ‘extreme anti-Israel policies’.

McKinsey pays $190m to resolve probes into South Africa bribes

The firm participated in a years-long scheme to bribe government officials in South Africa, according to US officials.

November 2024

About 94 per cent of businesses continue to accept cash in Australia.

Cash to stay king for essential products

The federal government will also call time on the use of cheques in the Australian economy, limiting their use from 2028.

October 2024

BHP backpedals from chairman’s Anglo American takeover talk

BHP has not necessarily “moved on” from its desire to acquire Anglo American, based on the company’s legal response to comments by chairman Ken MacKenzie.

September 2024

Australia’s coronavirus commissioners (from left) Robyn Kruk, Professor Catherine Bennett and Angela Jackson.

Australia’s new pandemic playbook

On the eve of the release of the national COVID-19 review, 10 key actions have emerged for when a similar pathogen hits Australia.

Adairs new CEO Elle Roseby at home in Brighton. She joins the retailer in January.

Adairs snares ex-Country Road boss as next chief

Two months on from exiting the turmoil at Country Road Group, Elle Roseby will next year take the top job at the ASX-listed home furnishings and linen company.

Mid-tier fashion group Country Road is owned by South Africa’s Woolworths Holdings.

Country Road goes cheaper at Mimco, Politix in brand ‘reset’

The high-profile retailer will also launch its first fragrance as part of the overhaul, part of a bid to arrest a slide in sales after a difficult year.

 Andrii Sybiha’s most important qualification may be proximity to Ukraine’s wartime power centre.

Ukraine’s new foreign minister Is Zelensky’s latest power play

Ukraine’s new foreign minister has cultivated deep contacts in NATO states during postings to Ankara and Warsaw. He’s also close to Ukraine’s wartime power centre.

August 2024

Country Road Group is the latest major retailer to close its stores in the wake of coronavirus.

Ex-Levi Strauss executive to run Country Road brand

Just weeks after Elle Roseby left the Australian retailer, chief executive Raju Vuppalapati has appointed a former Levi’s colleague to head the fashion label.

David Jones CEO Scott Fyfe is investing over$250 million in revamping the chain with owners Anchorage Capital.

‘We know over 500 customers’ are searching for it’: the big changes coming to DJs

Although shoppers remain cautious, Scott Fyfe and Anchorage Capital are hoping their $250 million revamp will keep consumers spending.

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July 2024

Shipping crises ‘spanner in works’ for inflation fight

Australian consumers and retailers are facing long delays and higher prices for goods from Europe and Asia amid an international shipping crisis that could stoke local inflation.

June 2024

Afghanistan’s captain Rashid Khan embraces teammate Gulbadin Naib.

Australia crashes from T20 World Cup after epic Afghan win

Australia is heading home from the Twenty20 World Cup elimination after a heavy loss to India and Afghanistan’s enthralling win over Bangladesh.

Markets fear that Mexico’s Morena party, having returned to power, will double down on its socialist agenda. But what Claudia Sheinbaum will do in office has yet to be seen.

Why markets like to see new political faces

Whether a government is weak or strong, left or right, doesn’t seem to matter much for economies, but new leaders are associated with higher growth and returns.

Former president and now leader of the MK Party, Jacob Zuma, arrives at the Results Operation Centre in Johannesburg. The African National Congress party has lost its parliamentary majority in a historic election result.

Jacob Zuma the disruptor has South Africa’s fate in his hands

Six years after being pushed from office, the former prime minister successfully upstaged his successor Cyril Ramaphosa in national elections this week.

Former president and now leader of the MK Party, Jacob Zuma, arrives at the Results Operation Centre in Johannesburg. The African National Congress party has lost its parliamentary majority in a historic election result.

Party that freed South Africa from apartheid loses 30-year majority

With more than 99 per cent of votes counted, the once-dominant ANC had received just over 40 per cent in parliamentary elections – well short of the majority it held.

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