Zimbabwe relaxes empowerment law to boost investment-govt paper

Zimbabwe is relaxing a black economic empowerment law in a bid to attract investment, a cabinet minister said on Sunday.
Different perspectives vital to solving global challenges

S.Africa, hit by electricity shortages, opens first power station in 20...

S.Africa's first new power plant in 20 years opened Sunday with a warning that energy shortages were hampering growth.

SA's trade minister imposes steel tariffs

The tariffs are aimed at aimed at protecting the local manufacturing industry from cheaper Chinese steel imports.
SA rand plunges to record low

Sanlam eyes Angola, Ethiopia, francophone Africa for expansion

The insurer looks for new streams of income to offset slowing growth at home.
SA's petrol price to drop in September

SA's petrol price to drop in September

Petrol and diesel price to drop.
Woolworths sales up 47.5%

Woolworths removes sweets and chocolates from checkout aisles

Woolworths has announced that it will no longer display sweets and chocolates on the shelves of its checkout counters.

Volkswagen to spend $343 mln on South African factory revamp

German carmaker Volkswagen plans to spend 4.5 billion rand ($343 million) to upgrade its factory in South Africa.
Africa at crossroads with falling commodity prices

South Africa's platinum industry "extremely ill": Lonmin CEO

Lonmin's chief executive said on Thursday, 80 percent of South Africa's platinum production was making a loss.
Political tensions & weak growth major risk to S.Africa rating

Africa's greatest resource is its people

Instead of defining Africa by the resources it yields, let's define it by its people.

S.Africa concerned about impact of economic slowdown on revenue: finmin

South Africa's government is concerned about its ability to raise revenue in the light of an economic downturn.

Low water cuts Zimbabwe Kariba power plant output

The Zimbabwe Power Company (ZPC) will cut electricity generation by a third to 475 megawatts (MW) at the Kariba hydro power plant.

Lonmin sees full-year cash costs below guidance

South Africa-focused platinum producer Lonmin Plc said on Thursday it expected full-year underlying cash costs to stay below its guidance.

South Africa's Massmart reports drop in earnings

South African retailer Massmart reported a 26.4 percent drop in half-year earnings on Thursday.

South Africa's Woolworths posts 20 pct profit leap

South African retailer Woolworths reported a 20.5 percent jump in pretax profit on Thursday.

New wireless provider HeroTel hopes to make WiFi faster and cheaper

New wireless provider, HeroTel, is taking to the field with plans to consolidate the industry.

Is South Africa in a slippery slope to a recession?

South Africa is moving towards a recession as the government has run out growth drivers to push the economy forward.

S.Africa mine industry job plan targets platinum as reserve asset

South Africa's mining industry, unions and the government have committed to a broad plan to stem job losses

Mugabe banks on China for Zimbabwe's economic revival

President Robert Mugabe pinned his hopes on China helping to revive Zimbabwe's struggling economy.

South Africa's Adcock Ingram to sell loss-making Indian unit

S.Africa's Adcock Ingram will dispose of its loss-making Indian unit Cosme Pharma.