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Finance & Markets

South Africa Taps Gulf Know-How for $9.5 Billion Property Plan

Middle East sovereign wealth funds, backed by trillions of dollars in assets, have advised South Africa to create a fundraising vehicle as part of a plan for a new state firm that will manage its 155 billion-rand ($9.5 billion) property portfolio.

We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.

Read the original at bloomberg.com →

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Policy committee approves Rs33bn budget for Universal Service Fund

ISLAMABAD: The Policy Committee of the Universal Service Fund (USF), chaired by Information Technology Minister Shaza Fatima Khawaja, approved the fund’s Rs32.90 billion budget for 2026-27 on Tuesday. USF’s key target is to expand digital connectivity across unserved and underserved areas of the country.

How does Xi Jinping’s ‘special plane’ compare with Air Force One?

Ahead of Chinese President Xi Jinping’s visit to Washington this week, attention is already turning to the aircraft that will carry him and how it stacks up against America’s famous presidential plane. The aircraft carrying China’s leader, often referred to in state media and official statements as a zhuan ji, or special plane, remains…

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