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South Africa

Ramaphosa sends envoys to seek $8 bln investment for South Africa

April 17, 2018 Steven Addamah 0

South African President Cyril Ramaphosa on Monday appointed a team of business and finance experts to seek $8 billion in investment to boost the economy […]

South Africa inks hotly-contested $4.7 billion renewable energy deal

April 5, 2018 Geraldine Boechat 0

South African government on Wednesday signed a long-delayed and hotly-contested renewable energy contract worth $4.7 billion with independent power producers (IPP). Energy Minister Jeff Radebe […]

AU launches world’s largest free-trade area, biggest economies out

March 22, 2018 Khalid Al Mouahidi 0

Forty-four African countries on Wednesday launched a $3 trillion continental free-trade zone encompassing 1.2 billion people. But Nigeria and South Africa, the continent’s biggest economies […]

Zimbabwe doctors down tools as nationwide strike begins

March 14, 2018 Geraldine Boechat 0

Doctors at public hospitals in Zimbabwe have embarked on a nationwide strike demanding better wages, benefits, and work conditions, doctors’ unions said on Tuesday. The […]

South Africa’s MTN posts $279 million annual profit after Nigeria fine saga

March 8, 2018 Steven Addamah 0

MTN Group, Africa’s biggest mobile-network operator by sales, said it returned to profit in 2017 with earnings totaling 3.3 billion rand, or 182 cents per […]

South African Shoprite eyes Kenya entry

February 28, 2018 Steven Addamah 0

South African retailer giant, Shoprite Holdings, will open seven prime shopping malls in Kenya in the coming months, the firm’s chief executive, Pieter Engelbrecht said. […]

South Africa’s Ramaphosa appoints deputy, fires 10 ministers

February 27, 2018 Steven Addamah 0

South Africa’s new leader, Cyril Ramaphosa, on Monday, appointed African National Congress (ANC) Deputy President David Mabuza as his second in command. In a late-night […]

UK warns of Islamic State attacks in South Africa

February 23, 2018 Geraldine Boechat 0

The United Kingdom has warned of a threat of attacks by Islamists on foreigners in South Africa following the kidnapping of two British nationals. According […]

South Africa’s new president vows to fight corruption

February 16, 2018 Steven Addamah 0

South Africa’s vice-President Cyril Ramaphosa was sworn in as head of state on Thursday, a day after corruption-plagued Jacob Zuma resigned as President of the […]

Jacob Zuma finally resigns as South Africa’s president

February 15, 2018 Steven Addamah 0

South Africa’s President Jacob Zuma has finally resigned as president, days after he defied orders from the ruling African National Congress to leave office. In […]

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