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Standard Bank Group appoints former National Treasury DG Lungisa Fuzile as...

By Standard Bank The Standard Bank Group is pleased to announce that it has appointed Lungisa Fuzile, former Director-General of the National Treasury, as Chief...
S.A: Graft report released amid anti-Zuma protest

South Africa’s race relations laid bare in Steinhoff corporate scandal

Steven Friedman | University of Johannesburg South Africans are fond of debating whether public or private sector failings are the bigger problem. It does not take...

South Africa’s current account deficit narrows, FDI and trade surplus climb

South Africa’s current account deficit narrowed slightly to 2.3 percent of GDP in the third quarter and foreign direct investment in Africa’s most industrialised...

Namibia’s economic recession deepens in third quarter

Namibia’s economy plunged deeper into recession in the third quarter as declines in the construction and trade sectors eclipsed growth in manufacturing and mining,...
Lonmin begins its post-strike rebuilding process

South Africa’s Sibanye-Stillwater to buy troubled platinum producer Lonmin

South Africa’s precious metals miner Sibanye-Stillwater has agreed to buy Lonmin in an all-share deal, valuing the troubled platinum producer at about 285 million...
Africa should invest in agriculture

South Africa’s 2018 Agricultural Outlook – challenges and opportunities that lie...

Wessel Lemmer, Senior Agricultural Economist | Absa In November, Absa published its Agricultural Outlook: Spring Edition for 2017/2018, comprising of a range of topics and...

South African court orders Zuma to pay costs for challenging watchdog

South Africa’s High Court ruled on Wednesday that an inquiry into alleged state influence-peddling in President Jacob Zuma’s government should be established as recommended...
Zimbabwe halves 2016 growth forecast to 1.4 percent

Afreximbank pledges up to $1.5 BN to post-Mugabe Zimbabwe

The African Export and Import Bank has pledged up to $1.5 billion in new loans and financial guarantees to Zimbabwe in a major boost...
Mozambique president to cooperate on debt audit: IMF

Mozambique president sacks energy and foreign ministers

Mozambican President Filipe Nyusi has sacked four ministers, including those with the foreign affairs and energy portfolios, his office said in a statement late...

Zimbabwe’s Mugabe flies to Singapore, first trip since ouster

The 93-year-old, who ruled the southern African nation for 37 years, resigned after the army and his ruling ZANU-PF party turned against him

Heineken to open $100MN brewery in Mozambique in 2019

Heineken will open a $100 million brewery in Mozambique, its first production facility in the southern African nation, the brewer said on Monday. The world’s...

Dr Danisa Baloyi supended as Black Business Council president

By: The Black Business Council The Black Business Council (BBC) has suspended Dr Danisa Baloyi as the President of the council, pending the finalisation of...

South Africa’s rand weaker as ruling party’s succession race gathers steam,...

South Africa’s rand weakened early on Monday as the leadership race for the new leader of the ruling African National Congress gathered momentum, with...
Naspers' Pay TV revenue up 18%

Naspers statement on Multichoice

Statement by the Board of Naspers The Board of Naspers today issued the following statement: There seems to be persistent baiting of Naspers to intervene in...
IMF MD Lagarde to face trial

South Africa should prepare for the worst case scenario: seeking help...

Danny Bradlow | University of Pretoria Prudence teaches that societies experiencing difficult and uncertain times should hope for the best but prepare for the worst. South...

IMF to send mission to Zimbabwe in coming days

The International Monetary Fund will send a staff mission to Zimbabwe in coming days to meet with officials of the new government and assess...

Zimbabwe’s Mnangagwa names senior military officials to cabinet posts

Zimbabwe’s new president, Emmerson Mnangagwa, appointed senior military officials to top posts in his new cabinet and chose a veteran cabinet minister to head...

Deadline looms for South Africa’s Zuma over revived graft charges

Lawyers for Jacob Zuma have until midnight to file papers outlining why nearly 800 corruption charges shelved before he became South African president eight...

Eskom says rolling cuts unlikely despite coal supply fall

South African utility Eskom said on Thursday rolling power cuts are unlikely despite coal supply possibly falling below a 20-day requirement at its Hendrina...

South Africa’s Hendrina power station may not have adequate coal, no...

South African state-owned power utility Eskom said on Thursday coal stock at its Hendrina power station might be lower than the 20-day supply requirement,...
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