President of South Africa, Cyril Ramaphosa, has said the war in Ukraine could have been avoided if NATO had heeded the warnings of some of its leaders. “The war could have been avoided if NATO had heeded the warnings from among its own leaders and officials over the years that its eastward expansion would lead to greater, not less, instability in the region, ” Ramaphosa said in parliament on Thursday. He said South Africa aligns with the principle that countries should refrain from the threat or use of force against the territorial integrity or political independence of other states. He…

Federal Government has incurred N950bn new domestic borrowing between January 2022 and March 11, 2022, the Debt Management Office has revealed. The fresh borrowing was disclosed on March 17 in the presentation of the Public Debt Data as of December 31, 2021, by Director-General of the DMO, Patience Oniha. In the document, Oniha disclosed that the Federal Government was considering all options to raise funds externally. She said, “All options for raising funds externally are being considered. These include funding from multilateral and bilateral sources, the International Capital Markets and the $3.35bn Special Drawing Rights allocated by the International Monetary…