President Donald Trump and South African President Cyril Ramaphosa had a dramatic confrontation over baseless allegations that white farmers are being systematically targeted for persecution and murder.

South Africa's government has agreed to give ailing state-owned logistics group Transnet a 51 billion rand ($2.8 billion) guarantee facility, the transport ministry said on Thursday.

South Africa’s transport ministry with the concurrence of the minister of finance agreed to provide a 51 billion-rand ($2.8 billion) guarantee facility to Transnet SOC Ltd., the nation’s beleaguered rail and ports operator.

South Africa's finance minister says the country doesn’t have the funds to cover the over $430 million shortfall caused by the Trump administration’s cuts in foreign aid.

South Africa's government will have to cut expenditure substantially if the South African Revenue Service (SARS) does not meet its revenue target, Finance Minister Enoch Godongwana told Reuters on Thursday.