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Zimbabwe to introduce local bank notes in October

Zimbabwe to introduce local bank notes in October

Zimbabweans are worried that introducing "bond notes" to ease dollar shortages could open the door to rampant printing of cash.
Bidvest foods spin-off Bidcorp valued at $5 bln in market debut

Bidvest foods spin-off Bidcorp valued at $5 bln in market debut

Bidcorp, which supplies pubs, restaurants and hotels in Europe, South America and Asia, is the largest primary listing on the JSE since Vodacom in 2009, the stock exchange said.
A 23-year-old who wants to make Africans rich

A 23-year-old who wants to make Africans rich

This young business woman is making a success of her passion for the investment world and she is starting to reap the rewards.
South Africa's business confidence recovers from 23-year low in January

Moody's lowers outlook for South African banks to negative

Africa's most advanced economy is expected to grow less than 1 percent this year.
South Africa's Zuma defeats impeachment vote

South Africa to review spending on luxury vehicles for Zuma's wives

Zuma's ruling African National Congress (ANC), which has backed him after numerous scandals, faces a tough battle at local polls on Aug 3.
S.A’s Capitec Bank says media sensationalising Summit court case

S.A’s Capitec Bank says media sensationalising Summit court case

Speaking at Capitec’s annual general meeting on Friday, Capitec's CEO said the bank was adhering to bank rating methodology by following the baseline credit assessment.

South African wheat prices hit record high on import tariffs

The expected tariff hike is based on a formula using current world wheat prices and rand expectations.
South Africa's parliament approves land expropriation bill

South Africa's parliament approves land expropriation bill

Most of South Africa's land remains in white hands and many commercial and small-scale farmers are currently facing tough times.
Fitch warns South Africa of "quick fixes" in run up to local elections

Fitch warns South Africa of "quick fixes" in run up to...

The government is mulling the implementation of a national minimum wage but has not set a date for its introduction.
Mugabe supporters rally in Zimbabwe amid tensions over succession

Zimbabwe's Mugabe empties food-starved female prisons under amnesty

Five prisoners died in March 2015 after being shot by police in a protest over food shortages.
S.A’s Gauteng province to develop 27 specialised schools by 2018

S.A’s Gauteng province to develop 27 specialised schools by 2018

Gauteng social transformation cluster chairperson, Qedani Mahlangu‚ says the schools were geared towards the city region’s programme of transformation.
South Africa's 2015/16 tax revenue collection beats expectations

South Africa's finmin says cannot predict S&P, Fitch ratings outcomes -report

A team from S&P met officials in Africa's most industrialised country last week before their review due to be published on June 3.
South Africa's rand falls as positive sentiment after Moody's decision fades

South Africa's rand steady, stocks edge up in early trade

Analysts said this week that risk appetite in emerging markets was buoyed by a debt relief deal being reached for Greece.
Mugabe supporters rally in Zimbabwe amid tensions over succession

Mugabe supporters rally in Zimbabwe amid tensions over succession

Now 92, Mugabe is the only leader the southern African nation has known since independence from Britain in 1980.
Government is our problem: Herman Mashaba

Joburg’s wealth lies with business says DA’s mayoral candidate

Democratic Alliance’s Mashaba said wealth for South Africa can only be created through the business angle.
Toyota invests $390 million to expand production at South African car plant

Toyota invests $390 million to expand production at South African car...

South Africa's car industry has drawn investments of over 25 billion rand in the past five years, the government says.
South Africa's Standard Bank loses $19 million in card scam

Japan ATM heist prompts call for vigilance from South Africa c.bank

Central bank deputy governor Kuben Naidoo told reporters that Standard Bank would shoulder the losses.
S.A’s commercial farmers are yet to see funds to fight drought

Malawi says 8 million people need food relief due to drought

Malawi needs food aid as a result of a drought that has decimated crops.
S.A’s economic hub lays out $3.4 billion budget

S.A’s economic hub lays out $3.4 billion budget

Makhubo has also announced an injection of R16.7 billion to ensure that City Power delivers electricity to all residents including those living in informal settlements.
South African shanty-town demolition sparks riots

South African shanty-town demolition sparks riots, two guards killed

The latest flare-up comes ahead of local government elections in August.
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