Home » Posts tagged with » South Africa

Lesotho: MPs demand 100 percent salary hike

The members of Parliament of Lesotho are demanding a 100% pay increase, Times newspaper reports. According to the privately owned newspaper, Prime Minister Thomas Thabane has instructed Finance Minister Moeketsi Majoro to explore a “revised salary structure” for parliamentarians. If the MPs’ demands are met, the legislators’ gross monthly salary would rise to M74 000 […]

Africa Investment Forum kicks off in South Africa

The Africa Investment Forum kicked off in South Africa’s Sandton Convention Centre in Johannesburg. The first ever transaction-based Forum is aimed at attracting multi-billion-dollar deals to accelerate investment and transform Africa’s economic, agricultural and industrial sectors. The Forum provides an innovative platform to bring together investors, multilateral institutions, governments and the private sector to develop, […]

Read More

Sex tape saga: South African minister defies calls to resign

South Africa’s Home Affairs Minister, Malusi Gigaba has defied calls to resign, following a leaked sex video. Gigaba, who spoke to public broadcaster SABC, said the leaking of the video had been politically motivated. The minister claimed he is targeted in a blackmail plot and is victim of hackers who intercepted his cell phone and […]

Read More

Kenya Airways starts direct flights to US

Kenya Airways’ inaugural flight to the United States has landed at the John F. Kennedy International Airport on Monday, completing a historic flight that will shave up to seven hours off the tortuous journey that usually involves long layovers in Europe or the Middle East. Kenyan President Uhuru Kenyatta and some government officials were at […]

Read More

Protests in South Africa hit record in 2018

In South Africa, riots over poverty and poor government services have hit a record high in 2018, data showed on Wednesday. According to the data released by research organization Municipal IQ, the number of “service delivery protests” had hit 198 by the end of September, surpassing the previous record for a full calendar year of […]

Read More

Zimbabwe: Vice President responding to treatment in South Africa- Gov’t

Zimbabwe’s Vice President Constantino Chiwenga is receiving medical treatment in a hospital in South Africa and wishes to come back next week, the Zimbabwean government has said following speculations that the General is in bad shape after he was injured in a bomb attack during electoral campaigns in June. George Charamba, Presidential spokesperson has told […]

Read More

South Africa gets $35 bln in investment pledges to revive ailing economy

South Africa got investment commitments of $35 billion as part of plans to attract $100 billion over the next five years to revive the country’s flagging economy, said presidential economic advisor on Wednesday. President Cyril Ramaphosa’s appointed a team of business and finance experts earlier this year to scour the globe for $100 billion in […]

Read More

Ghana, seventh wealthiest African country – AfrAsia Wealth Report 2018

Ghana is the seventh wealthiest country in Africa with a total wealth of $63 billion as of December 2017, according to AfrAsia Bank Africa Wealth Report 2018. The report covers wealth, luxury, prime property and wealth management trends in Africa from 2007 to 2017, with projections to 2027. Ghana’s capital city Accra maintained its 2017 […]

Read More

South Africa Finance Minister asks President to relieve him

South Africa’s Nhlanhla Nene has asked President Cyril Ramaphosa, who appointed him finance minister last year, to relieve him of his duties, The Sowetan newspaper reported on Monday. According to the newspaper, the finance minister approached the president over the weekend with the request after his testimony at the state capture commission of inquiry, where […]

Read More

South Africa: more than 300 injured in train crash

About 320 people were injured after a packed train traveling from South Africa’s business hub Johannesburg to the capital Pretoria crashed, Metrorail authorities said on Friday. “Thirty-two of the 320 injured commuters suffered serious, but not critical, injuries,” Metrorail Gauteng spokesperson Lillian Mofokeng said. In her words, Metrorail train 0659, traveling from Johannesburg Park Station […]

Read More