Qatar Affirms Continued Commitment to Its Efforts in Mediation, Dialogue, and Preventive Diplomacy

Source: Government of Qatar

New York, June 02, 2026

The State of Qatar has affirmed continued commitment to its efforts in mediation, dialogue, and preventive diplomacy to bolster peaceful efforts aimed at de-escalation and the preservation of international peace and security.

This came in Qatar’s statement delivered by HE Permanent Representative of the State of Qatar to the United Nations Sheikha Alya Ahmed bin Saif Al-Thani before the UN General Assembly meeting on ‘Strengthening the role of mediation in the peaceful settlement of disputes, conflict prevention and resolution’, under agenda item 31(b), at the UN Headquarters in New York.

Reiterating Qatar’s position that mediation remains one of the most effective tools for settling disputes peacefully, preventing their outbreak, and building sustainable peace, Her Excellency said that mediation constitutes a fundamental pillar of preventive diplomacy and conflict resolution, and that the need to strengthen it is increasing, especially given the growing complexity of conflicts in light of modern technology, at a time when the world is witnessing the highest number of armed conflicts since the founding of the United Nations.

Her Excellency affirmed that the State of Qatar is proud of its longstanding role in mediation, noting that preventive diplomacy, mediation, and the peaceful resolution of conflicts are fundamental pillars of its foreign policy, based on the principles enshrined in its constitution and in accordance with relevant United Nations resolutions.

HE the Permanent Representative of the State of Qatar to the UN highlighted the joint mediation efforts undertaken by the State of Qatar, alongside the Arab Republic of Egypt, the United States of America, and the Republic of Turkiye, in reaching the ceasefire agreement in the Gaza Strip, which was signed in October of last year, stressing Qatar’s emphasis on the necessity for all parties to fulfill their commitments, fully implement the ceasefire agreement, and open the crossings to ensure the sustained and uninterrupted flow of humanitarian aid to the Gaza Strip.

Her Excellency said that Qatar continues its efforts in eastern Congo through the Doha Framework for a Comprehensive Peace Agreement signed on November 15, 2025, while noting Qatar’s mediation efforts in Afghanistan, which culminated in the signing of the peace agreement between the United States and the Taliban in Doha in February 2020.

Her Excellency renewed Qatar’s appreciation and support for Pakistan’s mediation efforts between the United States of America and the Islamic Republic of Iran, affirming its full support for mediation efforts aimed at de-escalation, thereby contributing to enhanced security and stability in the region.

Two Mozambican nationals and SA teenager killed in Mossel Bay

Source: Government of South Africa

Two Mozambican nationals and SA teenager killed in Mossel Bay

Police in the Western Cape are investigating the murders of two Mozambican nationals and an 18-year-old South African following violent unrest in KwaNonqaba, Mossel Bay, over the weekend.

According to the South African Police Service (SAPS), officers from the George Public Order Police unit, supported by local police, responded to sporadic violence in the Asla Park informal settlement on Friday, 29 May 2026. 

About 55 shacks were allegedly set alight by a group of people during the unrest.

Police, together with fire services and disaster management teams, brought the situation under control, however, a number of residents have been displaced.

In the early hours of Saturday morning, police discovered the body of a 27-year-old man with multiple injuries in the area. 

Shortly afterwards, another man who had sustained assault-related injuries was declared dead on arrival at a local hospital. 

Investigators later confirmed that the two victims, aged 27 and 43, were Mozambican nationals.

No arrests have yet been made in connection with the two murders, and investigations are continuing, said the police.

In a separate incident, KwaNonqaba police were called to the New Rest informal settlement at about 3am on Sunday after the body of an 18-year-old South African man was found outside a shack. 

The victim had suffered stab wounds and was declared dead by paramedics at 3:19am.

Police said detectives were making progress in the investigation and were searching for a known suspect.

Since the outbreak of violence, police have arrested five suspects. 

Two have been charged with public violence and appeared in court on Monday, where they were granted bail of R1 000 each.

Three other suspects were expected to appear in the Mossel Bay Magistrate’s Court on Tuesday on charges relating to the possession of presumed stolen property.

SAPS said it respects the right of citizens to protest but urged demonstrators to act within the law. The police warned that officers would act decisively against those involved in violent acts or the incitement of violence.

The police also appealed to community members and leaders to refrain from spreading unverified information, saying it could cause unnecessary panic and anxiety.

Police said deployments remain on high alert in the area as authorities work to restore calm and order. No further incidents have been reported since Monday. – SAnews.gov.za

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Annual Meetings 2026: Governors Back the Bank’s Platform Solutions to Transform Aviation and Health Systems in Africa

Source: APO

  • Japan contributes US$10 million to support the IATP.
  • Participants called for strong national ownership, partner alignment, and clear implementation discipline.
  • Improved air connectivity can strengthen supply chains, including for medicines, vaccines, medical equipment, and healthcare personnel.
  • Governors and partners praised the Bank’s approach of turning continental priorities into bankable and deployable platforms.

Governors of the African Development Bank Group (Bank Group) (www.AfDB.org), technical and financial partners, private sector representatives, philanthropic foundations, and investors expressed strong support for the Bank Group’s new platform solutions approach aimed at accelerating Africa’s transformation in the health and aviation sectors.

On the sidelines of its 2026 Annual Meetings, held on May 28 in Brazzaville, the Bank Group presented two concrete applications of this approach to key stakeholders: the Integrated Aviation Transformation Program (IATP) and the African Medical Equipment and Medicines Facility (AMEF), both designed to mobilise greater capital, reduce risks, and address major continental challenges.

The meeting, held under the theme “Platform Solutions for Africa’s Transformation: De-risking Aviation and Health Systems through Innovative Financing,” enabled participants to appreciate the Bank Group’s approach, which reflects the evolving role of multilateral development banks: moving from project-by-project financing to creating platforms capable of bringing together partners, attracting capital, and delivering solutions at the scale, to the continent’s challenges.

The Bank presented the IATP and AMEF not only as two complementary initiatives but, more importantly, as two applications of the same financial architecture: one aimed at strengthening air connectivity, logistics chains, and regional integration; the other focused on securing access to essential medicines, vaccines, and medical equipment.

“We need high-quality medicines that meet international standards. Africa also needs airlines capable of connecting the entire continent, strengthening regional integration, and supporting the African Continental Free Trade Area (AfCFTA),” said Dr Sidi Ould Tah, President of the Bank Group, as he opened the discussions.

In the aviation sector, the IATP seeks to support fleet modernisation, infrastructure upgrades, logistics improvements, and the integration of Africa’s air transport market. The Bank Group aims to mobilise US$7 billion over the next five years to help unlock the potential of African aviation, in partnership with African governments, the African Union, development partners, the private sector, banks and investors, aircraft manufacturers, leasing companies, airlines, and others.

In the health sector, the AMEF aims to support more stable and better-coordinated procurement mechanisms to improve sustainable access to quality health products.

According to Ousmane Fall, Director of the Private Sector Department at the African Development Bank, Africa manufactures only 1% of the medicines it needs and approximately 0.5% of its vaccines. Only 40% of essential medicines are available on time to populations, while access delays can range from three to nine months.

In the aviation sector, Mike Salawou, Director of the Infrastructure and Urban Development Department, noted that only 19% of flights in Africa are operated by African regional or national airlines, and the economic losses linked to deficiencies in air transport are estimated at between US$50 billion and US$100 billion annually.

The platform proposed by the Bank Group is based on collaboration among governments, development finance institutions, philanthropic partners, suppliers, and investors to mobilise appropriate financing, strengthen transparency, and improve the financial sustainability of procurement systems.

High-Level Support to Move from Design to Implementation

Participants’ interventions converged around a clear message: both platforms must now move toward implementation, supported by strong national ownership, aligned partners, and regular monitoring of results.

Several speakers emphasised that the success of both platforms would depend on maintaining a broad coalition of governments, multilateral development banks, institutional investors, philanthropic foundations, and private sector actors around shared and measurable objectives.

“Risk mitigation is the greatest challenge,” stressed Abdourahmane Sarr, Senegal’s Minister of Economy, Planning and Cooperation. “This is where the African Development Bank Group can play a catalytic role by leveraging its AAA credit rating.”

Dr. Natu El Maamry Mwamba, Alternate Governor for Tanzania and Permanent Secretary to the Treasury, praised the financing model proposed for both initiatives, recalling that a Bank guarantee had enabled her country to mobilise, within a few months, half of the US$1.2 billion required for its standard-gauge railway project.

“Cameroon supports these two initiatives, which will address critical needs for our populations and strengthen the implementation of the African Continental Free Trade Area,” said Alamine Ousmane Mey, Cameroon’s Minister of Economy, Planning and Regional Development.

Japan Pledges US$10 Million for the IATP

Participants emphasised the importance of close coordination among stakeholders to ensure tangible, measurable, and visible results for African populations.

Welcoming the Bank Group’s approach, Japan announced a US$10 million contribution to the Risk-Sharing Facility of the Integrated Aviation Transformation Program (IATP) to help reduce financing risks associated with fleet acquisition by African airlines. This announcement represents an important signal of confidence from partners in the ambition to modernise African air transport, strengthen regional connectivity, and support the continent’s economic integration. According to Mr. Salawou, the contribution is expected to support the platform’s initial implementation phase and enhance its ability to mobilise additional financing.

“This is about building a continental connectivity platform capable of linking markets, strengthening regional value chains, and supporting the implementation of the AfCFTA. In a context marked by growing health, climate, and geopolitical risks, connectivity is also becoming a resilience issue. Airplanes transport passengers, as well as medicines, vaccines, strategic equipment, and create economic opportunities. By mobilising more capital, reducing risks, and strengthening partnerships, the IATP helps transform aviation into a driver of integration, competitiveness, and prosperity for Africa,” he added.

Ismael Nabé, Guinea’s Minister and Governor of the Bank, highlighted the importance of pooling efforts to avoid fragmentation that limits the emergence of major African airlines. Nigeria’s Minister of Aviation, Festus Keyamo, called for further development of leasing solutions in the aviation sector and announced the signing of the first National Compact under the Integrated Aviation Transformation Program, with the Bank.

Beyond aviation and health, discussions highlighted the potential of platform solutions as a new instrument for the continent’s transformation.

“People need rapid access to medicines, vaccines, essential goods, and economic opportunities. This requires efficient logistics chains, effective connectivity infrastructure, and financing mechanisms capable of operating at the scale of the continent’s challenges. Platform solutions represent an important evolution in the way we approach development: they make it possible to transform African priorities into bankable, deployable, and measurable programs while strengthening regional integration, resilience, and Africa’s ability to shape its own future,” emphasised Dr Ould Tah.

This approach is fully aligned with the vision of strengthening the institution’s role as a platform for mobilising capital for Africa, and contributing to the emergence of a New African Financial Architecture for Development, capable of supporting more integrated, resilient, and inclusive growth, he said.

Distributed by APO Group on behalf of African Development Bank Group (AfDB).

Media Contact:
Romaric Ollo Hien
Communication and External Relations Department
media@afdb.org

Media files

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Employment and Labour Department targets Youth Unemployment with LAP

Source: Government of South Africa

Employment and Labour Department targets Youth Unemployment with LAP

Government has declared 2026 the “Year of Putting Young South Africans to Work” and is rolling out a range of interventions aimed at tackling unemployment, particularly among young people, through a revamped Labour Activation Programme (LAP).

Employment and Labour Minister Nomakhosazana Meth outlined the plans during a Government Communication and Information System (GCIS) Deep Dive Media Engagement, where she unpacked the department’s Budget Vote priorities and efforts to address South Africa’s persistently high unemployment rate.

The department has been allocated R4.578 billion for the 2026/27 financial year, representing a 10.2% increase from the previous year.

“It is important to note that we declared 2026 as ‘The Year of Putting Young South Africans to Work’, in honour of the 1976 Youth and Commemoration of the Youth Uprising Golden Jubilee.

“We will be more aggressive in funding targeted youth-focused job creation initiatives, with a 70% of these opportunities strictly ring-fenced for our youth,” Meth said.

According to Statistics South Africa, the country’s official unemployment rate currently stands at 32.7%. 

Meth described unemployment as more than an economic challenge, saying it has become a social justice issue that threatens social stability and undermines the dignity and future prospects of millions of young people.

The centrepiece of government’s intervention is a redesigned Labour Activation Programme, which has been restructured following a review that found it was not achieving the scale and impact required to respond effectively to the unemployment crisis.

The programme now rests on three pillars: workplace-integrated learning and placement, demand-led skills training, and support for small enterprises.

The first pillar focuses on placing graduates, TVET students and other work seekers in workplaces, particularly those who require practical training before they can qualify.

Meth said many students remain trapped in a “missing middle” category, having completed their studies but unable to graduate because they cannot secure workplace placements.

“The issue of being associated with going to universities, even though in other economies you see people who go to TVET and be the ones who are holding the economy,” she said.

She explained that many students complete theoretical studies but are unable to enter the labour market because they still need workplace-integrated learning.

“We have picked it up as a gap and decide we’ll use this program, labour activation, to identify those and place them in numbers, so that at least we can assist them to graduate,” the Minister said.

Government plans to place 20 000 TVET students and other learners requiring practical workplace exposure, including trainee engineers, law graduates, health inspectors, chartered accountants and chartered financial analysts.

The second pillar focuses on demand-led skills training aligned with labour market needs.

Meth said government had moved away from simply training people without considering whether jobs existed in those sectors.

“We are saying we will only partner with those credible and reliable training providers from the public sector and the institutions that are providing training, and also employers, in particular, but focusing on demand-led skills, skills that are needed by the labour market, so that once you are trained on that skill, there is no discussion about where do you go, because already the market is ready for you,” she said. 

As part of this effort, the department plans to train 10 000 young people in digital skills after research identified approximately 149 000 opportunities in the digital economy.

“The issue of AI digital technologies, we don’t have the success of that skill. It’s a skill that we need,” Meth said.

The department will also fund driver’s licences for 10 000 young people to remove a major barrier to entry into the labour market.

Meth noted that many entry-level positions require driver’s licences, making it difficult for unemployed youth to access opportunities.

The third pillar focuses on supporting small enterprises and the informal economy.

Meth said small businesses have the potential to create jobs but face challenges including limited access to finance, crime and inadequate municipal support.

“We must, if we want to see jobs as a department of employment and labour, have a program that supports the informal sector,” she said.

Overall, government aims to create 200 000 opportunities during the current financial year through the Labour Activation Programme and related interventions.

Seventy percent of these opportunities have been ring-fenced for young people.

In addition, the department has committed R350 million through its partnership with the Presidency and the National Pathway Management Network to place 130 000 young people in learning opportunities, work exposure programmes and employment interventions.

Meth called on employers to work with government to provide internships and workplace experience opportunities.

“It cannot be business as usual to have so many unemployed South Africans,” she said.

The Minister also encouraged employers to make greater use of Employment Services South Africa (ESSA), government’s online recruitment platform that contains millions of job seeker profiles.

“Employers must utilise the database. It’s an online system, which can be accessed via www.labor.gov.sa to directly recruit and match with unemployed works, whether they require chefs, waiters, drivers, plumbers, artisans, etcetera,” she said. 

Meth stressed that while government programmes can help improve employability and create pathways into work, long-term success ultimately depends on broader economic growth and stronger private sector job creation.

“We are still awaiting patiently, but we are very anxious for the economy to grow, for the economy to absorb the labour force,” she said. – SAnews.gov.za

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South Africa to host inaugural Eswatini, Mozambique water meeting

Source: Government of South Africa

South Africa to host inaugural Eswatini, Mozambique water meeting

Water and Sanitation Minister Pemmy Majodina will host and officially welcome her counterparts from Eswatini and Mozambique at the inaugural Council of Ministers Meeting of the Incomati and Maputo Watercourse Commission (INMACOM) on Friday, 5 June, in Boksburg, Johannesburg.

The meeting will bring together Eswatini’s Minister for Natural Resources and Energy, His Royal Highness Prince Lonkhokela Dlamini, and Mozambique’s Minister of Public Works, Housing and Water Resources, Fernando Rafael — marking a significant milestone in regional cooperation on the management of shared water resources.

The historic gathering marks an important milestone in regional cooperation on shared water resources between South Africa, Eswatini and Mozambique.

“Bringing Ministers of the three Member States together at this level reflects a shared commitment to strengthening cooperation, deepening partnership and advancing a common vision for the sustainable management of the region’s shared water resources,” the department said.

The inaugural meeting will lay a strong foundation for coordinated action, shared responsibility and long-term resilience in managing the vital Incomati and Maputo river systems, which continue to support livelihoods, economic development, and environmental sustainability across the region.

According to the department, the engagement reflects a collective commitment to harness water as a catalyst for integration, stability, and prosperity in Southern Africa.

The meeting also builds on decades of cooperation among the three countries under the Tripartite Permanent Technical Committee, which served as the foundation for the establishment of INMACOM in 2021.

Through this inaugural session, the department said the three countries will consolidate institutional arrangements and advance coordinated approaches to the equitable and sustainable management of shared watercourses.

“South Africa’s hosting of the inaugural INMACOM Council of Ministers Meeting reaffirms its continued leadership in advancing regional cooperation and integrated water resources management within the Southern African Development Community (SADC) region,” the department said.

The inaugural INMACOM Council of Ministers Meeting is poised to establish a strong foundation for long-term collaboration and reinforce institutional mechanisms that will guide the sustainable management of the shared river basins in the years ahead.

This landmark engagement will see ministers deliberate on strategic priorities central to regional water governance, including water availability, infrastructure development, sharing of hydrological data and information, and environmental sustainability.

Discussions are expected to lay the foundation for enhanced resilience and long-term water security across the Incomati and Maputo River Basins.

INMACOM is a transboundary river basin organisation established by South Africa, Eswatini and Mozambique to promote cooperation in the development, protection and sustainable utilisation of shared water resources.

The Commission serves as a vital platform for joint planning, information sharing and coordinated management of the Incomati and Maputo River Basins, ensuring the equitable and peaceful use of water resources for present and future generations.

The main responsibility of the Commission is to, amongst others, encourage cooperation between the parties to ensure the development, protection and sustainable utilisation of the water resources shared by the Member States. – SAnews.gov.za

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ThinkMarkets launches ChelseaAI, bringing live CFD trading into Artificial Intelligence (AI) assistants

Source: APO

ThinkMarkets (www.ThinkMarkets.com) today launches ChelseaAI, a product that connects a live ThinkTrader account directly to an AI assistant. Ask your AI to check your positions, place a trade, analyze current market conditions, or move a stop-loss. It does it. No separate login. No switching apps.

ChelseaAI works through the Model Context Protocol (MCP), an open standard that lets AI assistants connect securely to external services. It works with any MCP-supported assistant. ThinkMarkets recommends Claude, developed by Anthropic, but traders can connect via other popular platforms, such as Grok and ChatGPT.

ChelseaAI is an interface, not an adviser. It executes what the trader instructs. It does not provide recommendations, signals, or investment advice of any kind. The world of trading is evolving from the user interface and charting libraries; the agentic trading revolution will allow users to move beyond interfaces and focus on the underlying product offering.

Control and security

Clients choose their permission level before connecting. Read-only gives the AI access to market data, positions, balances, and trading history. Full access adds the ability to place, modify, and close orders. Either level can be changed or revoked instantly from within ThinkTrader.

One limit holds regardless of permission level: ChelseaAI has no access to funds. Deposits, withdrawals, and transfers are excluded from the integration entirely, by design. Every action is recorded in an in-platform audit log that the AI cannot read or alter. Sessions expire after seven days or 24 hours of inactivity.

Quotes

“Our clients are already running AI assistants as part of how they trade. ChelseaAI means their ThinkMarkets account is in that conversation too. We put a lot of work into the permission model and the funds boundary, not because we had to, but because a product like this only works if people genuinely trust it.”

— Nauman Anees, Co-Founder and CEO, ThinkMarkets

Availability

ChelseaAI is available to ThinkTrader account holders from 2nd June 2026 via ThinkTrader (https://apo-opa.co/4dYrSQ7), with support for both live and demo accounts. Available exclusively on ThinkTrader. The integration covers 26 tools across market data, position management, order execution, and account information. Setup takes under two minutes. Full documentation is at www.ThinkMarkets.com.

Distributed by APO Group on behalf of ThinkMarkets.

Minister publishes National Elephant Heritage Strategy

Source: Government of South Africa

Minister publishes National Elephant Heritage Strategy

Minister of Forestry, Fisheries and the Environment Willie Aucamp has announced the publication of South Africa’s National Elephant Heritage Strategy in the Government Gazette, paving the way for its implementation as a national framework for elephant conservation and management.

The strategy provides a coherent, evidence-based approach to the conservation and management of the African elephant in South Africa and is aligned with national biodiversity targets and policy mandates.

According to the Department of Forestry, Fisheries and the Environment (DFFE), African elephants are currently listed nationally as “least concern”, reflecting a widespread and stable population that faces a low risk of extinction within South Africa.

The strategy was developed through a partnership between the DFFE, the South African National Biodiversity Institute (SANBI) and South African National Parks (SANParks). 

The initiative was aimed at creating a unified framework to guide elephant conservation and management across the country.

In line with the Kunming-Montreal Global Biodiversity Framework, the strategy was developed using a whole-of-society approach that incorporated input from stakeholders across South Africa. 

As part of the process, a National Elephant Indaba was convened to discuss challenges related to human-elephant conflict and to develop a coordinated national response informed by scientific evidence.

The National Elephant Heritage Strategy is intended to guide the development, revision and implementation of several key mechanisms and tools, including the Elephant Norms and Standards, the National Elephant Research Strategy, the Non-Detrimental Finding for Elephants, the Elephant Red-list Assessment, reserve-level Elephant Management Plans and the National Elephant Meta-Population Plan.

The department said the strategy adopts an integrated socio-ecological framework aimed at strengthening adaptive management, improving stakeholder engagement and enhancing sustainable benefit-sharing opportunities associated with elephants and their habitats.

The strategy will also serve as South Africa’s National Elephant Action Plan for the implementation of the African Elephant Action Plan (AEAP). 

Government said the framework aligns with the country’s international obligations and will support engagement with other elephant range states while demonstrating South Africa’s contribution to achieving the objectives of the AEAP.

Electronic copies of the Government Notice for the National Elephant Heritage Strategy are available at https://www.dffe.gov.za/legislation/gazetted_notices or www.gpwonline.gov.za. – SAnews.gov.za

Janine

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SA remains on track to meet fiscal targets, says Treasury DG

Source: Government of South Africa

SA remains on track to meet fiscal targets, says Treasury DG

South Africa remains on course to meet its fiscal targets despite the economic uncertainty created by the recent conflict in the Middle East, National Treasury Director-General Duncan Pieterse said on Monday.

Speaking at the Citi Emerging Markets Macro and Credit Conference, Pieterse said the country’s public finances had reached a turning point following the February 2026 Budget, which saw government debt stabilise relative to GDP for the first time since before the 2008 global financial crisis.

He said South Africa had also achieved a third consecutive primary budget surplus, demonstrating government’s ability to meet both its fiscal consolidation targets and structural reform commitments.

“The true test of fiscal credibility is to deliver on our fiscal objectives through the cycle, including in times of stress,” Pieterse said.

His comments come after the escalation in conflict in the Middle East three days after Finance Minister Enoch Godongwana tabled the national Budget, triggering concerns about rising energy prices and their impact on South Africa’s economy and public finances.

Pieterse said recent assessments by major credit rating agencies had reinforced confidence in South Africa’s fiscal trajectory. 

Moody’s recently revised South Africa’s outlook to positive, while S&P Global Ratings reaffirmed its positive outlook after upgrading the country’s sovereign rating in November 2025.

According to Pieterse, both agencies expect South Africa’s debt burden to decline over the next three years while structural reforms continue to support economic growth.

He noted that South Africa is currently the only G20 country with a positive outlook from Moody’s and one of only two G20 countries with a positive outlook from S&P.

Treasury reported stronger-than-expected fiscal outcomes for the 2025/26 financial year. The primary surplus reached 1.1% of GDP, exceeding the Budget estimate of 0.9%, while the main budget deficit narrowed to 4.3% of GDP compared with the projected 4.6%.

Government debt is expected to decline over the medium term, while the main budget deficit is forecast to fall to 3.1% by 2029.

Pieterse said government would introduce a formal fiscal rule during the Medium-Term Budget Policy Statement in October to reinforce its debt reduction and primary surplus objectives.

In response to rising fuel prices linked to the Middle East conflict, government introduced temporary fuel levy relief from April to June at a cost of R17.2 billion. 

Pieterse said the measure would be funded from fiscal outperformance recorded in the previous financial year and would therefore be fiscally neutral.

He added that any additional relief measures would be accommodated within existing departmental budgets.

Treasury also reported continued revenue strength at the start of the new financial year. Tax collections in April exceeded Budget forecasts by R5.9 billion, representing annual growth of 10.1%.

Pieterse said government spending remained largely insulated from inflationary pressures, with the public-sector wage agreement fixed until the 2027/28 financial year. 

Social grant spending is also expected to come in around R2 billion below projections due to improved beneficiary verification processes.

He said debt dynamics had improved significantly, with government debt expected to peak in 2025/26 before declining to 76.5% of GDP by 2028/29.

South Africa’s borrowing costs have also fallen. Pieterse said domestic government bond yields had declined by an average of 240 basis points between the 2025 and 2026 Budgets, while five-year Eurobond spreads narrowed from 170 basis points before the Middle East conflict to 106 basis points currently.

On state-owned enterprises, Pieterse said Eskom was on track to record its second consecutive year of profitability after posting a R16 billion profit in 2025 and R24.3 billion in the first half of 2026.

He attributed the turnaround to operational improvements, higher tariffs and conditions attached to government debt relief.

South Africa has now gone more than 365 days without load shedding, he said.

Transnet remains loss-making but has shown signs of recovery, with freight volumes increasing and losses narrowing. Pieterse said no equity injection would be required for the logistics company as existing guarantees adequately cover its financing needs.

Turning to the broader economy, Pieterse said South Africa’s medium-term growth outlook had improved as structural reforms gained momentum.

Economic growth accelerated during the second half of 2025, with GDP expanding by 1.1% for the year, double the growth rate recorded in 2024. The February Budget projected growth rising to 2% by 2028.

Fixed investment has also begun to recover, with two consecutive quarters of growth recorded during 2025 after an extended period of contraction.

Agricultural exports increased by 11% in the first quarter of 2026 compared with the same period a year earlier, supported by higher export volumes and improved prices.

Pieterse acknowledged that the Middle East conflict had increased concerns about fertiliser supply and prices, but said South Africa was unlikely to face shortages because it could diversify import sources.

He highlighted progress in energy reform, noting that the National Energy Regulator of South Africa (NERSA) has registered more than 19 gigawatts of new generation capacity. 

The National Transmission Company of South Africa has a further 24 gigawatts of projects seeking grid connections over the next six years.

Government is also advancing plans to establish an independent transmission system operator and implement a wholesale electricity market.

In the logistics sector, Pieterse said private-sector participation was expanding. 

The 25-year concession for Durban Container Terminal Pier 2 became operational in January, while 11 train operating companies have been selected to operate on 41 routes across six freight corridors.

He said government infrastructure spending would grow by nearly 10% annually over the medium term, making it the fastest-growing area of expenditure.

Major investments are planned for passenger rail, including R23.1 billion for signalling systems, R7.4 billion for operational support and R5.7 billion for rolling stock.

Treasury has also approved R104 billion in infrastructure projects through the Budget Facility for Infrastructure and raised R11.8 billion through its first infrastructure bond issued in December 2025.

Pieterse said municipal reform would be another key focus area ahead of local government elections in November. Treasury has launched a Metro Trading Services Reform programme backed by R54 billion over the medium term to improve municipal finances and infrastructure investment.

Pieterse said government remained committed to reducing debt and strengthening economic growth despite global uncertainty.

“We are not yet where we want to be and more work lies ahead, especially in the current global environment. But we are on track to get there,” he said. – SAnews.gov.za

Janine

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ThinkMarkets lance ChelseaAI, intégrant le trading de CFD en direct dans les assistants Intelligence Artificielle (IA)

Source: Africa Press Organisation – French

ThinkMarkets (www.ThinkMarkets.com) lance aujourd’hui ChelseaAI, un produit qui connecte un compte ThinkTrader en direct directement à un assistant IA. Demandez à votre IA de vérifier vos positions, de passer une transaction, d’analyser les conditions actuelles du marché ou de déplacer un stop-loss. Elle le fait. Pas de connexion séparée. Pas de changement dapplication.

ChelseaAI fonctionne via le Model Context Protocol (MCP), une norme ouverte qui permet aux assistants IA de se connecter en toute sécurité à des services externes. Il fonctionne avec tout assistant compatible MCP. ThinkMarkets recommande Claude, développé par Anthropic, mais les traders peuvent se connecter via d’autres plateformes populaires, telles que Grok et ChatGPT.

ChelseaAI est une interface, pas un conseiller. Il exécute ce que le trader lui demande. Il ne fournit aucune recommandation, signal ou conseil en investissement d’aucune sorte. Le monde du trading évolue au-delà de l’interface utilisateur et des bibliothèques graphiques ; la révolution du trading agentique permettra aux utilisateurs de dépasser les interfaces et de se concentrer sur l’offre de produits sous-jacente.

Contrôle et sécurité  

Les clients choisissent leur niveau d’autorisation avant de se connecter. Le mode lecture seule donne à l’IA l’accès aux données de marché, aux positions, aux soldes et à l’historique de trading. L’accès complet ajoute la possibilité de passer, de modifier et de clôturer des ordres. Chaque niveau peut être modifié ou révoqué instantanément depuis ThinkTrader.

Une limite s’applique quel que soit le niveau d’autorisation : ChelseaAI n’a aucun accès aux fonds. Les dépôts, retraits et transferts sont entièrement exclus de l’intégration, par conception. Chaque action est enregistrée dans un journal d’audit intégré à la plateforme que l’IA ne peut ni lire ni modifier. Les sessions expirent après sept jours ou 24 heures d’inactivité.

« Nos clients utilisent déjà des assistants IA dans leur façon de trader. ChelseaAI signifie que leur compte ThinkMarkets fait également partie de cette conversation. Nous avons consacré beaucoup de travail au modèle d’autorisation et à la frontière des fonds, non pas parce que nous y étions obligés, mais parce qu’un produit comme celui-ci ne fonctionne que si les gens lui font véritablement confiance. » — Nauman Anees, cofondateur et PDG, ThinkMarkets

Disponibilité  

ChelseaAI est disponible pour les titulaires de comptes ThinkTrader à partir du 2 juin 2026 via ThinkTrader (https://apo-opa.co/4dYrSQ7), avec prise en charge des comptes réels et démo. Disponible exclusivement sur ThinkTrader. L’intégration couvre 26 outils répartis entre les données de marché, la gestion des positions, l’exécution des ordres et les informations de compte. La configuration prend moins de deux minutes. La documentation complète est disponible sur www.ThinkMarkets.com.

Distribué par APO Group pour ThinkMarkets.

Contact presse :
Chantelle Lea
Responsable mondiale de la marque et du marketing
ThinkMarkets
pr@thinkmarkets.com

À propos de ThinkMarkets :
ThinkMarkets est un courtier en ligne mondial et multi-réglementé créé en 2010, offrant à ses clients un accès rapide et facile à 4 000 instruments CFD couvrant le Forex, les indices, les matières premières, les actions et bien plus encore. ThinkMarkets dispose de bureaux à Londres, Dubaï, Melbourne et Chicago, ainsi que de centres en Asie-Pacifique, en Europe et en Afrique du Sud. L’entreprise opère également sous plusieurs licences financières à travers le monde et propose certaines des plateformes de trading les plus reconnues du secteur, notamment sa plateforme primée, ThinkTrader. Pour plus d’informations, visitez www.ThinkMarkets.com.

ThinkTrader (https://apo-opa.co/4dYrSQ7)

Media files

Prime Minister and Minister of Foreign Affairs Meets UAE Ambassador

Source: Government of Qatar

Doha, June 1, 2026

HE Prime Minister and Minister of Foreign Affairs Sheikh Mohammed bin Abdulrahman bin Jassim Al-Thani met on Monday with HE Ambassador of the United Arab Emirates to the State of Qatar Saeed Abdullah Al Qamzi.

The meeting addressed cooperation relations between the two countries and ways to support and strengthen them. It also discussed a number of topics of common interest.

HE the Prime Minister and Minister of Foreign Affairs wished HE the Ambassador success in performing his duties, assuring him of all support to elevate bilateral relations to closer cooperation across various fields.