Tsogo Sun to challenge S.African watchdog's decision to block acquisition

South Africa's top gaming and hotel firm Tsogo Sun Holdings plans to challenge a decision by the competition watchdog.

S.Africa's central bank maintains repo rate

The South African Reserve Bank’s Monetary Policy Committee (MPC) has maintained the repurchase rate at 5.75 per cent per annum.

Redefine acquires German retail property portfolio

Redefine International has acquired a portfolio of 56 German retail properties in a 50/50 joint venture with Redefine Properties.

Devastating floods kill dozens, displace 170,000 in Malawi: TRFN

Malawian floods have killed at least 79 people, forced over 170,000 from their homes and cost about 160,000 people their livelihoods.

Madagascar seeks international aid after tropical storm kills 68

Madagascar appealed for aid on Wednesday after a tropical storm earlier this month devastated large swathes of the Indian Ocean Island.

Redefine expands Western Cape portfolio

Redefine has expanded its Western Cape portfolio by acquiring Leaf Capital's property portfolio for 4.1 billion rand.

Malawi says to miss 2015 economic growth forecast after deadly floods

Malawi will likely miss this year’s 5.8 per cent economic growth forecast.

Inconsistent load shedding schedules affecting businesses

Inconsistent load shedding schedules in South Africa are affecting many businesses across the country.

Eskom to implement load shedding stage 1 this morning

South Africa’s power utility Eskom is implementing stage 1 load shedding this morning.

S.Africa drops points on free economic ranking

South Africa must reform to retain its moderately free economic ranking; this is according to an index released by Heritage Foundation.

S.Africa's PPC appoints new board

PPC has announced the names of its new board members, following its AGM on 26 January.

Eskom commences second day of load shedding

Eskom commenced load shedding on Tuesday and warned that the grid would be under pressure for the rest of week.

Bidvest and Avis to operate separately in S.Africa

Bidvest Car Rental and Avis Budget Group have decided to operate under separate brands in the Southern African vehicle rental market.

SABMiller appoints Trevor Manuel as non-exec director

Trevor Manuel has been appointed as an independent non-executive director at SABMiller.

S.Africa's Eskom implements rolling blackouts

South Africa’s power utility Eskom said on Monday it would implement rolling blackouts from 0900 GMT to 2000 GMT.

Zambia’s new president keeps Chikwanda as finance minister

Zambia’s new President Edgar Lungu on Monday retained Finance Minister Alexander Chikwanda to help turn around a stuttering economy.

Zambia's new president says to keep mineral tax despite mine closure...

Zambia will maintain a new mineral royalty tax despite fears that it could lead to mine closures.

Ruling party candidate Lungu leads Zambia presidential poll

Zambia's ruling party presidential candidate Edgar Lungu maintained a slim lead over his closest rival Hakainde Hichilema.

Zambian newspaper calls election win for ruling party candidate

Zambia’s ruling party candidate, Edgar Lungu, is headed for victory in this week's presidential election.

S.Africa plans $870 mln funding for Eskom by June -Treasury

South Africa plans to inject 870 million dollars into cash-strapped state utility Eskom as early as around June.