Home » Posts tagged with » South Africa (Page 2)

South Africa will not face sanctions over land reform – Ramaphosa

President Cyril Ramaphosa on Tuesday said there was no reason to believe that any country would impose sanctions on South Africa over land reforms. The controversy began last month when Trump tweeted that he had asked Secretary of State Mike Pompeo to “closely study the South Africa land and farm seizures and expropriations and the […]

Read More

South African malls reopen after bomb threats

South Africa’s biggest shopping malls — the Mall of Africa located between Johannesburg and Pretoria, and the Sandton City mall — have been shut down and evacuated due to a bomb threat on Wednesday. Both malls resumed activity later in the evening after police found no explosive devices at either location. The bomb threat is […]

Read More

South Africa: Theresa May unveils UK vision for Africa, endorses land reform

UK Prime Minister Theresa May on Tuesday said Britain will use its international aid budget to help private British companies invest more in Africa than competitors from any other country. In a speech in Cape Town, May said she wanted Britain to become the biggest investor in Africa to outstrip those from the U.S. and […]

Read More

Theresa May in Africa to boost post-Brexit fortunes

British Prime Minister Theresa May is traveling to South Africa, Nigeria and Kenya this week on her first African tour to “deepen and strengthen” partnerships as the UK prepares to leave the EU in 2019. The trip “comes at a time of enormous change across Africa with a unique opportunity, as the UK moves towards […]

Read More

Kenya emerges as Africa’s top avocado exporter

Kenya beats South Africa to emerge as Africa’s top avocado exporter, Africanews reported. According to Food and Agricultural Organization, the East African nation produces an average of 191,000 tons of avocados per year, and is ranked the largest producer in Africa followed by South Africa. Mexico is the largest producer of avocados in the world […]

Read More

Nike stores closed in South Africa over “racist” web post

Several Nike stores in South Africa were shut down Wednesday after a video went viral Tuesday showing a Nike employee’s husband making a racist comment. In the video, Adam Catzavelos, who is married to Kelly Catzavelos, a brand merchandise manager for Nike Africa, describes a beach in South Africa as “heaven on Earth” because there […]

Read More

SA’s Ramaphosa backtracks on nuclear deal with Russia

South Africa’s President Cyril Ramaphosa on Thursday told Russian President Vladimir Putin that his country is not ready to sign a nuclear power deal as its economy is stagnant and not growing at the rate that “we want it to.” Ramaphosa who was speaking at a private meeting with the Russian leader on the sidelines […]

Read More

South Africa: BRICS countries urged to reject go-it-alone trade

The 10th annual BRICS Summit has officially kicked off on Wednesday as leaders of Brazil, Russia, India, China and South Africa gathered in Johannesburg for their annual meeting. This year’s summit is themed “BRICS in Africa: Collaboration for Inclusive Growth and Shared Prosperity in the 4th Industrial Revolution”. According to organizers, about 1,000 delegates deliberated […]

Read More

BRICS bank Okays $600 mln loans for South Africa, China

The BRICS Development Bank has approved loans of $300 million for energy projects in South Africa and $300 million for a transportation project in China. The BRICS group established in 2006 by five major emerging national economies – Brazil, Russia, India, China and South Africa – aims to enhance cooperation between member countries and also […]

Read More

Rwanda inks $300 million loan deals & bilateral pacts with China, India

The Rwandan government has signed seven bilateral pacts and loan agreements worth more than $300 million with China and India to further boost existing cooperation. The Chinese loan, destined to build two roads and carry out irrigation projects, was extended during the Chinese President Xi Jinping’s visit to Rwanda Sunday and Monday. For the past […]

Read More