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South Africa

South Africa: New Nissan pickup by 2018 to meet African demand

November 11, 2015 Geraldine Boechat 0

Nissan Motor plans to build a new model of pickup at its South African plant starting in 2018 to meet the growing demand of new […]

South Africa could follow Burundi out of AGOA trade pact

November 6, 2015 Steven Addamah 0

United States President Barack Obama has officially notified the South African government and the US Congress on Thursday that he intends to suspend the duty-free […]

Nigeria: South Africa’s MTN renews operating license for $94.2 m

November 3, 2015 Geraldine Boechat 0

MTN Group Ltd., the South African mobile-network operator, which is facing a $5.2 billion fine on Tuesday said the Nigerian regulator has renewed its operating […]

South Africa: Gov’t to reduce water supply to municipalities

November 2, 2015 Khalid Al Mouahidi 0

South Africa’s authorities said they will reduce water supply to municipalities if the high demand continues as the country battles its worst drought in 23 […]

South Africa: Zuma to meet students protesting varsity tuition-fee hikes

October 22, 2015 Steven Addamah 0

South Africa’s President Jacob Zuma said on Thursday that he would meet with protesting students in his first official reaction to a week of heated […]

Kenya: Google to buy Africa’s largest wind farm

October 21, 2015 Steven Addamah 0

Google Inc. has agreed to buy a 12.5% stake in Africa’s largest wind project, Kenya’s Lake Turkana, from Danish wind turbine manufacturer Vestas Wind Systems […]

South Africa to leave International Criminal Court

October 12, 2015 Geraldine Boechat 0

South Africa plans to leave the international criminal court (ICC,) the nation’s ruling party said as the government faces criticism for ignoring a court order […]

Zimbabwe: Gov’t asks big mines to cut down power by 25%

October 8, 2015 Geraldine Boechat 0

Zimbabwe’s government has asked Impala Platinum Holdings Ltd., Anglo American Platinum Ltd. and other mining companies to reduce power usage by 25 percent amid a […]

Ghana: Gov’t launches $1 billion Eurobond

October 8, 2015 Steven Addamah 0

Ghana launched a $1 billion Eurobond on Wednesday at a 10.75 percent coupon rate, Finance Minister Seth Terkper said in a statement. “The bond is […]

South Africa seeks $15 bln by 2022 for new energy production

October 5, 2015 Steven Addamah 0

South Africa’s ageing electricity transmission grid needs investment of $15 billion by 2022 to develop new energy production, an executive at German state development bank […]

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