South Africa

U.S. tech companies bemoan trade barriers

Aiming to stem the power and profits of big U.S. tech companies, governments around the world have imposed a variety of measures, from digital taxes to requirements that data be stored locally. However, the companies are starting to fight back.

Driving the news:

  • In a release Thursday, the Internet Association called out India, Indonesia, and South Africa for pushing some of the "most problematic barriers to digital trade," including custom requirements on digital transactions.

South Africa's president condemns xenophobic riots in Johannesburg

A foreign shop owner checks the damages to his looted shop in Johannesburg, South Africa, on Tueaday.
A foreign shop owner checks the damages to his looted store in Johannesburg, South Africa, on Monday. Photo: Michele Spatari/AFP/Getty Images

South Africa's President Cyril Ramaphosa on Tuesday condemned recent attacks on foreign-owned businesses in the country, after rioters this week looted and destroyed more than 50 shops owned by people from other African countries

Why it matters: The riots occurred days before South Africa is slated to host political and business leaders from across the continent in Cape Town for the 28th World Economic Forum on Africa, beginning Sept. 4. "There can be no justification for any South African to attack people from other countries," Ramaphosa said in a statement.