Breaking News, Business, Financial and Economic News, World News from EconoTimes

Become a contributor

Bookmark Econotimes

Tue, Mar 31, 2026 05:58 PM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

Roger Southall

Professor of Sociology, University of the Witwatersrand

Roger Southall is an Emeritus Professor in Sociology at the University of the Witwatersrand. He was previously Distinguished Research Fellow at the Human Sciences Research Council (2001-2007) and Professor of Political Studies at Rhodes University (1989-2001). Prior to that he worked in universities in Uganda, Lesotho, Canada and the UK. He is author of South Africa's Transkei: The Political Economy of an 'Independent' Bantustan (1983), Imperialism or Solidarity? International Labour and South African Trade Unions (1995), Liberation Movements in Power: Party and State in Southern Affrica (2013) and The New Black Middle Class in South Africa (2016). He has also published extensively on African politics, political economy and labour in leading academic journals, as well as contributing chapters to numerous books. He receives research funding from the National Research Foundation.

What is RET and what does it want? The Radical Economic Transformation faction in South Africa explained

Dec 08, 2022 10:50 am UTC| Insights & Views Economy

It has been standard for some years, in any analysis of South Africas governing party, the African National Congress (ANC), to refer to the radical economic transformation (RET) faction. Yet, there has been little serious...

South Africa is in a state of drift: the danger is that the ANC turns the way of Zimbabwe's ZANU-PF

Feb 02, 2022 08:48 am UTC| Politics

The dismal fate of Zimbabwe under the stewardship of the Zimbabwe African National Union-Patriotic Front (Zanu-PF) government has long stood out as a warning to South Africas governing party, the African National Congress...

Why South Africa's white leaders shouldn't get into comparative politics of sin

Feb 22, 2020 00:25 am UTC| Insights & Views Politics

FW De Klerk, South Africas last apartheid-era president, and his foundation, have learnt the hard way the dangers of the comparative politics of sin. He recently gave an interview to mark his historic speech to parliament...

Events in Lesotho point to poor prospects for political stability

Jan 28, 2020 08:32 am UTC| Insights & Views Politics

In 2017 the estranged wife of Lesothos prime minister Tom Thabane was shot dead in suspicious circumstances two days ahead of his inauguration. Now theres a new twist in the saga: on 11 January authorities issued an arrest...

A centrist political alliance in South Africa? Yes, but hard to get

Oct 20, 2019 10:21 am UTC| Insights & Views Politics

Is there the possibility that political centrists in South Africas governing party, the African National Congress (ANC), and its main opposition party, the Democratic Alliance (DA), could merge? The question arises...

South Africa's 2019 poll showed dangerous signs of 'insiders' and 'outsiders'

Aug 15, 2019 17:38 pm UTC| Insights & Views Politics

The general election in South Africa in May conveyed mixed messages: one was that democracy is maturing, the other that it is failing. The good news was that this was very clearly an outcome of a discerning electorate...

A democracy or a kleptocracy? How South Africa stacks up

Feb 10, 2019 10:53 am UTC| Insights & Views Politics

South Africans have been held spellbound by the torrent of evidence of corruption emerging from two parallel commissions of inquiry into state capture, and the fitness to hold office of two senior officials of the...

1 2

Economy

Canada's Economy Grows Modestly in January 2025, Driven by Energy and Construction

Canadas economy kicked off 2026 on steady footing, with real gross domestic product rising 0.1% in January slightly ahead of market expectations following a 0.2% gain in December 2025. The modest expansion was largely...

RBC Capital: European Medtech Firms Show Minimal Middle East and Energy Risk Exposure

European medical technology companies remain largely insulated from Middle East geopolitical tensions and rising energy costs, according to a recent RBC Capital Markets analysis. The investment bank found that sales...

Gold Prices Rebound in Asia Amid Iran War Ceasefire Hopes

Gold prices climbed in Asian trading on Tuesday, recovering slightly after suffering steep losses throughout March. The partial rebound came as investors reacted to reports that U.S. President Donald Trump was weighing an...

Dollar Surges to Monthly High as Middle East Conflict Rattles Global Markets

The U.S. dollar is on track for its strongest monthly performance since July, emerging as the dominant safe-haven asset amid escalating Middle East tensions that have sent oil prices soaring past $100 per barrel and...

Oil Prices Surge to Record Monthly Highs as Middle East War Rattles Global Markets

Global financial markets closed out a turbulent month under heavy pressure as the ongoing Middle East conflict between the United States, Israel, and Iran continued to shake investor confidence. Oil prices surged to...

Politics

EU Leaders Visit Kyiv on Fourth Anniversary of Bucha Massacre

European Union High Representative for Foreign Affairs Kaja Kallas, alongside multiple EU foreign ministers, made a significant visit to Kyiv on Tuesday to commemorate the fourth anniversary of the Bucha massacre. The...

U.S. Senators Challenge FCC Chair Over Nexstar-Tegna Merger Approval

Two prominent U.S. Senators have raised serious concerns over the Federal Communications Commissions (FCC) recent decision to greenlight a major media merger. Republican Senator Ted Cruz and Democratic Senator Maria...

Trump Weighs Ending Iran Campaign With Strait of Hormuz Still Closed

President Donald Trump is reportedly open to halting U.S. military operations against Iran even if the Strait of Hormuz remains blocked, according to a Wall Street Journal report published Monday. The development marks a...

California's AI Executive Order Pushes Responsible Tech Use in State Contracts

California Governor Gavin Newsom signed a landmark executive order Monday, setting new standards for artificial intelligence governance in state contracting. The directive requires companies seeking government contracts to...

Iran Strikes Oil Tanker Near Dubai Amid U.S. Threats and Ongoing Middle East Conflict

Iran launched an attack on a fully loaded crude oil tanker off the coast of Dubai on Monday, setting the Kuwait-flagged vessel Al-Salmi ablaze in one of the most dramatic escalations since the United States and Israel...

Science

NASA's Artemis II Crew Arrives in Florida for Historic Moon Mission

The four astronauts chosen for NASAs Artemis II mission have touched down at Kennedy Space Center in Florida, marking the beginning of final launch preparations for the first crewed lunar journey in over 50 years. NASA...

SpaceX Pivots Toward Moon City as Musk Reframes Long-Term Space Vision

SpaceX CEO Elon Musk has revealed a significant shift in the companys near-term space exploration strategy, announcing that SpaceX is now prioritizing the development of a self-growing city on the Moon rather than focusing...

SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates

Elon Musks SpaceX is shifting its near-term space exploration strategy, choosing to prioritize a return to the Moon before pursuing missions to Mars, according to a recent Wall Street Journal report citing sources familiar...

NASA and SpaceX Target Crew-11 Undocking From ISS Amid Medical Concern

NASA has confirmed that the agency, in coordination with SpaceX, is targeting no earlier than 5 p.m. Eastern Time (2200 GMT) on Wednesday, January 14, for the undocking of the SpaceX Crew-11 mission from the International...

Neuralink Plans High-Volume Brain Implant Production and Fully Automated Surgery by 2026

Elon Musks brain-computer interface company Neuralink is preparing for a major expansion, announcing plans to begin high-volume production of its brain implant devices and transition to a fully automated surgical procedure...

Technology

Cybersecurity Stocks Tumble After Anthropic's Claude Mythos AI Leak Sparks Market Fears

Major cybersecurity stocks took a sharp hit Friday following reports that Anthropic accidentally exposed details about its next-generation AI model before its official launch. CrowdStrike fell 7%, Palo Alto Networks...

Chinese Universities with PLA Ties Found Purchasing Restricted U.S. AI Chips Through Super Micro Servers

Procurement records reveal that four Chinese universities, two of which have direct ties to the Peoples Liberation Army, acquired Super Micro Computer servers loaded with restricted Nvidia AI chips over the past year. The...

Federal Judge Blocks Pentagon's Blacklisting of AI Company Anthropic

A federal judge has temporarily prevented the Pentagon from enforcing its designation of Anthropic as a national security supply-chain risk, dealing an early blow to the Trump administration in a growing dispute over...

SMIC Allegedly Supplies Chipmaking Tools to Iran's Military, U.S. Officials Warn

Chinas top semiconductor manufacturer, SMIC (Semiconductor Manufacturing International Corporation), has reportedly been transferring chipmaking equipment to Irans military industrial complex, according to two senior Trump...

Google's TurboQuant Algorithm Sends Memory Chip Stocks Tumbling

Major memory chipmakers took a significant hit on Thursday after Google researchers introduced a groundbreaking compression algorithm that threatens to reduce artificial intelligence demand for memory chips. Samsung...