Gold holds near record as dollar sinks before Fed rate decision
As traders await a near-certain interest rate cut, analysts are forecasting even more upside for the...
Join the Circle of Prayer This Month
Known as the “rainbow nation,” a reference to the many ethnicities that make up the population, the nation of South Africa has a long history marked by interracial relations. Originally inhabited by Bantu-speaking tribes, Dutch traders established a settlement in 1652, and the British arrived in 1806, eventually colonizing South Africa. In 1948, the government implemented a policy of apartheid, which legalized racial segregation and discrimination. The first multi-racial elections took place in 1994, yet after 30 years, the national identity continues to be formed from a struggle between different groups who have come together as one nation. Much fragmentation remains.
South Africa is a young nation: one-third of the population is under 15, and 60% is under 35. It is also a middle-income nation comprising almost 40% of Sub-Saharan Africa’s GNP. Gross debt rose from 23% in 2008 to 71% in 2022. Traditionally, they have an economy of agriculture, livestock, and mining, with large financial and tourism industries developing as well. Yet the economy is adversely affected by one of the world’s highest unemployment levels, along with high corruption, HIV/AIDS, and high crime and poverty rates.
Traditionally, a religious country, three out of every four people claim to be Christian. There are many mainline and smaller independent churches. The charismatic population, making up nearly a quarter of the population, has grown from 400,000 in 1960 to 6.3 million in 2010, and South Africa is one of only three countries in the world where church participation has increased in recent years. However, much nominalism exists, especially in the mainline denominations. The church is on the frontline of confronting the nation’s challenges; there has been a large response to the HIV/AIDS epidemic, ministries to the poor and disadvantaged, and work on racial reconciliation. Yet healing is needed between the various cultures and churches. Spiritual training for the leaders of the various African independent churches is also needed.
60,442,647
1.7%
60,442,647
1.7%
12:19 PM
Pretoria; Cape Town; Bloemfontein
Parliamentary Republic
IsiZulu Or Zulu, IsiXhosa Or Xhosa, Afrikaans, Sepedi Or Pedi, Setswana Or Tswana, English, Sesotho Or Sotho, Xitsonga Or Tsonga, SiSwati Or Swati, Tshivenda Or Venda, IsiNdebele Or Ndebele, Other And Khoi Or Khoisan Or Khoe Languages)
$13,600
90%
Data sources.
As traders await a near-certain interest rate cut, analysts are forecasting even more upside for the...
Nissan Motor is studying the cost competitiveness of Chinese suppliers and exploring ways to apply t...
Japan’s smash-hit video game Umamusume is bringing in new fans.
The offering, which notably excludes any Wall Street banks from its arranger lineup, has already sec...
As South Africa continues to accelerate its efforts to revive and grow its tourism sector, a new fro...
Over 100,000 qualified learners could miss out as university demand outpaces supply.
The world’s biggest miner blames the state's ‘unsustainable’ royalty hike and weak prices for ...
The Guinness World Records has officially recognised Nigerian chef Hilda Baci for cooking the larges...
Nasreddine Nabi has explained why Kaizer Chiefs lost against Sekhukhune United. The defeat also saw ...
Ahead of $1.8bn IPO.