AFRICA BUSINESS

South African billionaire defends white wealth

Johann Rupert, South Africa's second-richest man with a $6.3 billion fortune, spoke out to defend the stranglehold white people still have over the economy more than two decades after the end of apart...

By Bloomberg | Published: 06 December 2018

AFRICA NEWS

SADC tells Chamisa to get real

Sadc Executive Secretary Dr Stergomena Lawrence Tax has advised the opposition MDC Alliance that President Emmerson Mnangagwa's legitimacy is indisputable, underscoring that the regional bloc is prepa...

By The Sunday Mail | Published: 03 December 2018

AFRICA BUSINESS

Comesa plans to set up regional energy regulator

THE Common Market for Eastern and Southern Africa (Comesa) plans to establish a regional energy regulatory authority to enhance sustainable energy investment and development.Comesa is a regional group...

By Staff reporter | Published: 16 July 2018

AFRICA NEWS

Ramaphosa loyalists take over SARS

Changes in the South African Revenue Service top leadership were announced internally on Thursday, with two loyalists to suspended commissioner Tom Moyane shifted out of key posts and a new head of th...

By businesslive | Published: 05 July 2018

AFRICA BUSINESS

How to identify fake Mandela bank note or coin

The South African Reserve Bank (SARB) recently launched a new public awareness campaign alongside the introduction of the new Mandela commemorative series of banknotes and R5 circulation coin.As part ...

By Staff reporter | Published: 05 July 2018

AFRICA BUSINESS

Comesa Summit appoints Ngwenya successor

DELEGATES to the 20th Common Market for Eastern and Southern Africa (Comesa) Heads of States and Government Summit will appoint a new secretary general to the regional trading body next month to take ...

By Staff reporter | Published: 20 June 2018

AFRICA BUSINESS

Fitch Ratings affirms SA's rating at BB+

Fitch Ratings has affirmed SA's credit rating of junk status, warning of low growth and 'sizeable government debt'.Fitch kept SA's rating at BB+ with a stable outlook, as expected, after a host of mee...

By Staff reporter | Published: 15 June 2018

AFRICA BUSINESS

SAPP gets fresh mandate

THE Southern African Power Pool (SAPP) will construct a new facility in Zimbabwe to expand its existing home and cater for increased staff after getting a new mandate from its 12-member electricity pr...

By Staff reporter | Published: 07 June 2018

AFRICA NEWS

Zuma fighting Ramaphosa's economic reforms

South Africa's former leader Jacob Zuma is impeding a crackdown on corruption by the ruling African National Congress (ANC) under President Cyril Ramaphosa, the head of the communist party said.The AN...

By Reuters | Published: 05 June 2018

AFRICA BUSINESS

'State-led industrialisation key for Africa'

African Development Bank Group (AfDB) president Akinwumi Adesina has said State-led industrialisation will drive millions out of poverty, as the bank announced a $35 billion investment over 10 years t...

By Staff reporter | Published: 22 May 2018

AFRICA NEWS

Zimbabwe/SA launch joint crime-busting operation

ZIMBABWE and South Africa last week launched a multi-disciplinary joint crime-busting operation targeting cross-border criminals.The operation, code-named Cross-border Operation Basadi (basadi means w...

By Staff reporter | Published: 21 May 2018

AFRICA BUSINESS

No big shock for Zimbabwe in AfCFTA

THE African Continental Free Trade Area (AfCFTA) will give countries like Zimbabwe a wider market to export goods, an expert has said, discounting concerns the economy would be overrun by its biggest ...

By Staff reporter | Published: 14 May 2018

AFRICA NEWS

Namibia jumps to Cheda's defence

NAMIBIA Justice minister Sekeuse Shanghala has jumped to the defence of former Bulawayo High Court judge, Justice Maphios Cheda, who is under fire from local pressure groups for allegedly grabbing lan...

By Staff reporter | Published: 26 April 2018

AFRICA BUSINESS

Responsible investors channel over $400bn into Africa

Responsible investment in Africa continues to rise. According to the latest data from the 2017 African Investing for Impact Barometer (AIFIB), there has been an increase in investments on the continen...

By Agencies | Published: 18 April 2018

AFRICA BUSINESS

'The start of an African economic resurgence'

Anil Agarwal, the Chairman of Vedanta Resources Plc, today outlined a Path to Growth for the Konkola Copper Mines (KCM), a Zambian subsidiary of the diversified global mining and resources company. Th...

By Staff reporter | Published: 12 April 2018

AFRICA NEWS

White South African farmers packing for Perth

Australian Minister of Home Affairs Peter Dutton on Wednesday said his department is looking into methods that would facilitate the fast-tracking of visas for white South African farmers who want to r...

By Staff reporter | Published: 14 March 2018

AFRICA BUSINESS

Black executive quits MMI for FirstRand

Mary Vilakazi, MMI's deputy chief executive and group finance director, has quit the group and joined FirstRand Limited.The resignation was announced by MMI's interim CEO, Hillie Meyer, in an internal...

By Staff reporter | Published: 27 February 2018

AFRICA NEWS

MDC-T recalls Manyenyeni

MDC-T has recalled Harare mayor Councillor Bernard Manyenyeni for allegedly failing to implement party directives at the cash-strapped local authority.Clr Manyenyeni will, however, continue as Ward 17...

By Staff reporter | Published: 14 February 2018

AFRICA BUSINESS

Zim, Bots agree on Bi-National Commission

Zimbabwe and Botswana have agreed to establish a Bi-National Commission (BNC) to be convened at heads of state and government level, a step that is expected to enhance bilateral cooperation across al...

By Staff reporter | Published: 13 February 2018

AFRICA BUSINESS

Comesa hunts for Ngwenya successor

THE Common Market for Eastern and Southern Africa (Comesa) has started hunting for a candidate to replace the secretary-general, Mr Sindiso Ngwenya, whose tenure expires later this year.Mr Ngwenya, a ...

By Staff reporter | Published: 08 January 2018

AFRICA NEWS

White Zimbabwean farmer returns home in style

SPIRIT mediums and traditional leaders yesterday led a cleansing ceremony at Lesbury farm in Rusape as Robert Smart and his family made a grand return to the farm over six months after they were evic...

By Staff reporter | Published: 07 January 2018

AFRICA BUSINESS

Comesa explores ways to reshape policy

STAKEHOLDERS in port management and policymakers in Africa are exploring ways to reshape policy and harness benefits that accrue from maximising the comparative advantages of landlocked countries.Part...

By Staff reporter | Published: 05 December 2017

AFRICA BUSINESS

Surplus power generation in Sadc

The improved electricity generation in southern Africa is a welcome development for the region as energy supply is a key enabler for industrialisation.Energy shortages experienced over the past few ye...

By Staff reporter | Published: 04 December 2017

AFRICA BUSINESS

Zim, Zambia inch towards One-stop Border Post deal

Zimbabwe and Zambia are close to finalising a bilateral agreement that will result in the establishment of a One-Stop Boarder Post (OSBP) in Victoria Falls, a senior Government official said on Monday...

By New Ziana | Published: 03 December 2017

AFRICA BUSINESS

Moody's places SA Inc on downgrade review

Global ratings agency Moody's has placed a number of major South African cities and municipalities, banks, businesses and insurance groups on review for downgrade, after it did so for the country's so...

By Staff reporter | Published: 29 November 2017
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