Most Recent News

South Africa Must Tackle Graft, Weak Growth to Avoid Junk Ratings- Gordhan

South Africa’s Finance Minister Pravin Gordhan said on Tuesday that the country must tackle corruption and weak economic growth or face the risk of a credit rating downgrade to “junk”.

  • 0

Nigeria Approves Transfer of Visafone Shares to MTN Following Takeover

Nigeria’s telecommunications regulator NCC said on Tuesday it has approved a request by internet provider Visafone to transfer its shares to MTN following its takeover by the South African firm..

  • 0

South Africa: Gov’t Wants 26pct Black Ownership of Mining Firms

  South African President Jacob Zuma wants government to negotiate a compromise with mining firms over black equity ownership quotas, in an effort to avoid court hearings, deputy mines Minister.

  • 0

South African Union Backs Ramaphosa to Succeed Zuma as ANC Leader

A powerful South Africa mining union on Monday backed Deputy President Cyril Ramaphosa to succeed President Jacob Zuma as the next leader of the ruling African National Congress (ANC). Zuma.

  • 0

South Africa: Manufacturing, Mining Sectors Boost Economy Growth

  South Africa’s economy grew by its most in six quarters as the mining and manufacturing sectors reversed sharp contractions due to an uptick in exports, the statistics agency said,.

  • 0

South African Opposition Wins Control of Johannesburg

South Africa’s main opposition party on Monday won control of the local government in Johannesburg, the country’s economic hub, unseating the ruling party, which has run the municipal council since.

  • 0

South Africa: Newly Empowered Black Farmers Ruined By Drought

By Desmond Latham Almost half a decade of drought across most of South Africa has led to small towns in crisis and food imports for the first time in over.

  • 0

Zuma, Economy in Focus as South Africans Vote in Local Elections

South Africans queued in the winter cold on Wednesday to vote in local elections seen as a referendum on President Jacob Zuma’s scandal-plagued leadership and an economy forecast to stagnate.

  • 0

ANC Faces Losses in Vote that Could Reshape South African Politics

PORT ELIZABETH, South Africa (Reuters) – A metal sculpture overlooks the ocean on South Africa’s southern coast, showing Nelson Mandela with his fist triumphantly thrust into the air and a.

  • 0

“Put your People First” – Zuma

By: Barnabas Thondhlana Africa must respect the lives of its people, and as a continent, there should be no tolerance for leadership that has no regard for people’s lives. These.

  • 0