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South Africa's Standard Bank loses $19 million in card scam

South Africa's Standard Bank fined $800 by Angola's cbank over forex...

Angola's central bank said on Tuesday it will sanction seven financial institutions for failing to comply with foreign exchange rules.
Zimbabwe opposition leader Tsvangirai says has cancer of the colon

Zimbabwe opposition leader Tsvangirai says has cancer of the colon

The MDC is split over whether to dump Tsvangirai before the next vote in 2018.
South Africa's business confidence recovers from 23-year low in January

South Africa's rand recovers further from oversold levels after Brexit

Government bonds also firmed, and the yield for the 2026 benchmark instrument fell 12.5 basis points to 8.785 percent.
Angola's currency tumbles after devaluation

Angola's central bank sanctions seven banks

The banks include Angolan Bank SA Investments and the local unit of Johannesburg-listed Standard Bank.
S.African economist Chris Hart on why he resigned from Standard Bank

Zimbabwe's opposition leader has cancer

Zimbabwe's main opposition leader and President Robert Mugabe's chief rival for the last 17 years revealed he has cancer.
$13 bln investment in Renewable Energy makes S.A world leaders says SolarReserve Vice President

$13 bln investment in Renewable Energy makes S.A world leaders says...

SolarReserve has secured a $1 billion bid to construct a Concentrated Solar Power (CSP)plant named Redstone with the construction of it starting in September. Redstone will generate 100 MW of energy.
S.Africa's cabinet could cost taxpayers billions

South African court blocks appeal by Zuma over corruption charges

The same court had in April ordered a review of a 2009 decision by the NPA to set aside hundreds of charges again Zuma.
Pistorius says murdered girlfriend would want him to go free: ITV

Pistorius says murdered girlfriend would want him to go free: ITV

"I don’t want to go back to jail. I don’t want to have to waste my life sitting there" said Pistorius.
WHO to launch emergency yellow fever vaccination in Angola and Congo

WHO to launch emergency yellow fever vaccination in Angola and Congo

The worst yellow fever outbreak in decades has killed some 325 people in Angola.
South Africa's MTN agrees to pay $1.67 bln of Nigeria fine

South African black lobby disappointed by MTN's new white CEO

Shuter was named on Monday as the replacement for Sifiso Dabengwa, a black executive who resigned last November.
What lessons should African countries learn from this year's drought?

Rural Zimbabwe Goes High Tech in Fight Against El Nino, Droughts

Zimbabwe faces its worst drought in more than three decades, its young innovators are turning to technology for mitigating future impact.
Gordhan's mid-term budget shows strides made within NDP

South Africa's Eskom raises wage offer to union to 7 pct:...

The utility employs over 42,000 people with NUM representing more than 14,000 of workers.
South Africa's Zuma defeats impeachment vote

Gupta brother denies exerting undue influence on South Africa's Zuma

The family's relationship with the scandal-troubled Zuma has been under question for years and several South African firms.
Automakers seen investing $615 mn in S.Africa this year

Is S.A’s automotive industry heading for a strike?

MIBCO started negotiations about a week ago with two sessions but so far have had no real achievements as yet.
Two shot dead by police in South African capital as looters ransack shops

Two shot dead by police in South African capital as looters...

Police said they also arrested 40 of the rioters who were targeting foreigners' shops as public anger mounted.
Kenya moves up a notch in ease of doing business ranking

South African rate hike unlikely next month as inflation slows

The Reserve Bank has raised the key repo rate by a cumulative 75 basis points so far this year.
Does Tshwane electioneering unrest push S.A closer to ‘junk status’?

Does Tshwane electioneering unrest push S.A closer to ‘junk status’?

South Africa's capital metro, Tshwane, 'torn' over ethnic candidature of Thoko Didiza.
S.Africa's NUM union rejects improved wage offer from Eskom

S.Africa's NUM union rejects improved wage offer from Eskom

South Africa's NUM has rejected wage offer from the state power utility, Eskom.
Murders

Murders, violence and uproar in S.A’s capital as country prepares for...

The country’s capital, Tshwane, has seen violent protests with many of its townships deemed no-go zones following the announcement of the ruling party’s mayoral candidate, Thoko Didiza.
Zimbabwe state diamond miner produces 500

Zimbabwe state diamond miner produces 500,000 carats since March launch

The government on Feb 22 evicted all diamond mining firms in the Marange fields in eastern Zimbabwe saying their licences had expired.
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