South Africa's central bank issues a warning
Edited By WION Video Desk
Published: Sep 24, 2023, 07:25 IST | Updated: Sep 24, 2023, 07:25 IST
The African National Congress, which now rules South Africa, has been given a warning by the country's central bank: "You can't spend your way out of trouble." The national treasury is pushing for austerity measures. But they've been met with resistance from those who are afraid of public unrest leading up to next year's election, in which the ANC might lose its overwhelming support.
trending videos
)
Rishikesh Kumar 'jumped off' building in IIT Delhi campus
)
Qatar rushes to Tehran as S.S.-Iran standoff threatens Hormuz oil route
)
European-Led NATO in Planning if Trump Pulls Out
)
New UNESCO wonders worldwide, Mayan legends & a bike chef in Denmark
)
Piyush Goyal alludes to Jack Ma's 'disappearance' while pitching to Japanese investor
)
West Bengal: Over 82 thousand S.I.R. appeals disposed of so far
)
J&K Weather Alert: Fresh Snowfall at Razdan Top, Heavy Rain Hits Srinagar
)
Molise Landslide: Heavy Rain Triggers Large Landslide in Molise
)
Himalayan tsunami devastates Nepal | 95 killed, 400+ missing | 14 infants die in Pak hospital fire
)
HAL-Safran sign landmark deal for Aravalli engine to power India's next-gen military choppers
)
RSS chief Mohan Bhagwat on global outreach tour
)
Indian railways rolls out special trains to transport Kashmiri apples
)
US-Iran war: US President Donald Trump continues to look for options to end Iran war
)
Art meets nature in Australia
)
Study: Brief workout as effective as long nap for memory
)
Karnataka unveils ₹27 crore cloud-seeding project in September
)
Gaza crisis: US Labels Palestine action a terrorist group
)
From a country prodigy into a Grammy-winning superstar, fans remember Dolly Parton
)
H1N1 cases soar: Health alert intensifies as doctors warn against self-medication
)
West Bengal S.I.R. faces fresh scrutiny, were eligible voters denied voting right?
)
Study links early screen exposure to poorer grades, memory and language skills
)
Pakistan weighs penalties, energy needs over Iran gas pipeline
)
India's multi-layered watch: The new surveillance war
)
Gujarat's mystery well baffles all: No earthquake link to ripples
)
Nepal floods major reveal: USGS says landslide first, then tremors
)
Nepal flash floods: 95 dead, magnitude 4.4 quake in Tibet around same time as flash flood
)
NSA Ajit Doval holds key talks with China's Wang Yi
)
US child-safety trial: META reaches settlement with 29 states over child safety claims
)
Pakistan hospital fire: 14 infants killed, Shehbaz Sharif orders probe
)
West Bengal CM Suvendu Adhikari orders probe into 'anti-national' graffiti in Jadavpur University
)
Bangladesh seeks Chinese multi-role jet to modernise its Air Force
)
Dolly Parton biopic musical set for December on her birthday
)
'Devil Wears Prada 2' wardrobe joins Hollywood history
)
Heavy rain batters Delhi-NCR, flights hit as Gurugram issues WFH advisory
)
Australia Refinery Fire: Refinery Pumps Out About 10% of Australia's Fuel
)
Scientists use specialised microbes to turn food waste into protein-rich cookies
)
Kriti Sanon's commercial for jewellery brand pulled down
)
Imran Khan's sons call for independent medical examination over health worries
)
Israel intercepts Gaza Sumud Flotilla vessels: What we know so far
)
Trump downplays CIA Director's Moscow visit
)
Iran-Pakistan gas pipeline deadlock deepens: Islamabad forms high-powered body
)
US-Iran War: Iran says weighing the new US proposal
)
J-16 vs Rafale: China's fighter faces french jet in Egypt war drills
)
Russia-Ukraine war: Russia launches nuclear-capable missile strike on Ukrainian targets
)
Instagram chief testfies: Meta admits low adoption of safety rules
#Metoo haunts Malayalam cinema: Actor Mohanlal breaks silence on sex scandal
)
China gets real flying experience against the Rafale
)
US-Iran war: Iran faces deeper isolation, but its global trade network endures
)
Nepal Flood: Nepal devastation puts focus back on glacial lake outburst floods