AFRICA NEWS

JSE hit by a technical glitch, to be shut down

THE JOHANNESBURG Stoch Exchange has been hit by a technical glitch on the Equity Market and also on the Equity Derivatives Market.In a statement to its clients, the JSE said it was dealing with a pro...

By Staff reporter | Published: 21 September 2017

AFRICA NEWS

SA starts processing permits for Zimbabweans

SOUTH Africa has started accepting new applications for permits that would allow Zimbabweans to stay in the neighbouring country for the next four years.The Zimbabwean Exemption Permit (ZEP) replaces ...

By Staff reporter | Published: 18 September 2017

AFRICA NEWS

SA introduces new rules for Zim permit holders

The South African government has announced new regulations for the new four-year, non-renewable permit for nearly 200 000 Zimbabweans working and studying in South Africa.The new permits, known as the...

By Staff reporter | Published: 08 September 2017

AFRICA NEWS

Namibia freezes nursing posts for Zimbabweans

THE Namibian government has suspended the recruitment of all foreign nurses, among them Zimbabweans, while the period of extensions of contracts for foreign doctors has been slashed from four to two y...

By Staff reporter | Published: 01 September 2017

AFRICA NEWS

'Sadc region sitting on massive gas reserves'

Southern Africa is most likely sitting on massive natural gas reserves of more than 600 trillion cubic feet which the region must exploit to reduce a heavy reliance on biomass energy, a top South Afri...

By Staff reporter | Published: 04 August 2017

AFRICA NEWS

Zuma, Gupta to testify at Eskom inquiry

Thursday August 17 is D-day for Duduzane Zuma and Ajay Gupta, who are due to testify at the parliamentary inquiry into Eskom.The inquest into the state of affairs at the power utility officially start...

By Staff reporter | Published: 25 July 2017

AFRICA NEWS

SA rand recovers after surprise rate cut

The rand bounced back on Friday morning after Thursday's surprise interest rate cut hit the South African currency, as analysts predict that a weak dollar and high risk appetite will outweigh local c...

By Staff reporter | Published: 24 July 2017

AFRICA NEWS

Roadblocks, stop and searches at OR Tambo airport

The issue of crime in and around South Africa's busiest airport is being addressed at national level, with Minister of Police, Fakile Mbalula announcing added new measures to be put into place over th...

By Staff reporter | Published: 22 July 2017

AFRICA NEWS

South Africa white farmers warned on land

A Zimbabwean farmers' union leader warned white South African farmers they should agree a deal to share land with the black majority before they suffer the same fate as neighbors in Zimbabwe who were ...

By Reuters | Published: 22 July 2017

AFRICA NEWS

'Zuma used lies to oust me,' says Mbeki

Johannesburg - Former president of South Africa Thabo Mbeki has resurrected the ghosts of the ANC's elective conference in Polokwane, saying lies were used to oust him. Mbeki was speaking during a mor...

By Staff reporter | Published: 14 July 2017

AFRICA NEWS

South Africa 'must get out of ICC'

The International Criminal Court "is dangerous" and South Africa should withdraw from it, ANC secretary-general Gwede Mantashe said yesterday.Mantashe was defending the government's decision not to ar...

By Reuters | Published: 23 June 2015

AFRICA NEWS

SA metal workers threaten strike

JOHANNESBURG - Numsa announced yesterday that more than 220 000 of its members in the steel and metal workers sector would embark on a strike across the country this week."The national executive commi...

By Fin24. | Published: 30 June 2014

AFRICA NEWS

SA inflation rate rose to 6% in March

South Africa's annual inflation touched the upper limit of the central bank's target range in March, data showed Wednesday, raising expectations that the bank will hike interest rates next month.South...

By WSJ | Published: 23 April 2014

AFRICA NEWS

Nigeria surpasses SA as Africa's biggest economy

LAGOS - New data has revealed that Nigeria has overtaken South Africa as the continent's largest economy after a rebasing calculation nearly doubled its GDP. Gross Domestic Product (GDP) for 2013...

By Reuters | Published: 07 April 2014

AFRICA NEWS

SA must wipe economic inequality to honour Madiba

American civil rights leader Jesse Jackson says it's time for South Africa to wipe out economic inequality. Jackson says the lives of millions of South Africans who still live in poverty need to be u...

By CNBC Africa filed this report. | Published: 13 December 2013

AFRICA NEWS

Brand Madiba's business legacy

THE recent global attention and prayers for Madiba’s passing only served to cement what we already knew - seldom has any public figure been so loved by so many, and for so long.In fact, I would go s...

By Anton Ressel I Fin24 | Published: 09 December 2013

AFRICA NEWS

Nelson Mandela dies

NELSON Mandela, South Africa's first democratically elected president and an icon of peace and reconciliation the world over, has died at the age of 95.The announcement was made by President Jacob Zum...

By Riaan Wolmarans and Natasha Marrian with Wyndham Hartley, Reuters, Sapa-AP and Sapa | Published: 06 December 2013

AFRICA NEWS

Africa's unemployment figures 'frightening'

Geneva - The planet's poorest nations such as Angola and Ethiopia have largely failed to cash in on booming economic growth to create the jobs needed to push their ballooning populations out of povert...

By AFP | Published: 21 November 2013

AFRICA NEWS

Africa provides highest growth opportunities for broadband

Mobile broadband is the fastest growing technology in human history, according to the 2013 edition of the ITU’s State of Broadband Report which was released on 21 September.Released in New York at t...

By Staff reporter | Published: 30 September 2013

AFRICA NEWS

Kenya 'terrorist' attack unlikely to choke economy

Nairobi - Security worries are nothing new in Kenya and so the country is unlikely to see long-term investors pull money out after the deadly attack on a Nairobi shopping mall, analysts say.However, t...

By Reuters | Published: 23 September 2013

AFRICA NEWS

Nigerian president sacks nine ministers

LAGOS - Nigerian President Goodluck Jonathan has sacked nine ministers in his first major cabinet reshuffle since winning an election more than two years ago, a presidency spokesman said on Wednesday....

By reuters | Published: 11 September 2013

AFRICA NEWS

Sadc works on harmonising migration, labour laws

Zimbabwe, together with other Southern African Development Community countries, is working on a framework that seeks to comprehensively address labour migration and migration management in the region....

By Staff reporter | Published: 05 September 2013

AFRICA NEWS

Zambia re-basing later this year may boost economy size

Zambia's statistics agency estimates that a re-basing exercise later this year will show that the country's US$20,7 billion economy is a fifth bigger than currently measured as its mining industry has...

By Bloomberg | Published: 03 September 2013

AFRICA NEWS

SA gold strikes could last until Christmas - union

RONINGEN - If National Union of Mineworkers spokesman, Lesiba Seshoka is to be believed, the gold sector strike that begins this evening could last a great deal longer than most people are expecting."...

By mineweb | Published: 03 September 2013

AFRICA NEWS

Sadc region to feel SA strike

JOHANNESBURG - The ongoing strike by South Africa's 30 000 automobile industry workers will heavily impact on the Southern African Development Community member states who benefit from the country's bu...

By Staff reporter | Published: 29 August 2013
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