South Africa’s Eskom signs $1.5 billion loan agreement with China
South Africa’s state power utility Eskom signed a $1.5 billion (19.6 billion rand) loan agreement with China Development Bank on
One of Africa’s wealthiest cities also has some of the cheapest rents in the world
People flocking to South Africa’s economic hub are likely to find some of the world’s cheapest rents. An average family living in
South Africa unveils action plan to boost economy growth- Finance minister
South Africa’s Treasury will unveil an action plan on Friday detailing structural changes and timelines to boost growth to 6
Nestle in $21bn share buy back to boost stock price
Nestle SA made its first concession to activist investor Dan Loeb, announcing Tuesday a $21 billion share buyback plan to boost its
Nigeria, Zambia top countries prone to cyber attacks in the world – Global threat report
Five African countries including Nigeria, Zambia, Uganda, Malawi and South Africa have been identified as having the highest risk
FBN Insurance shareholder, Sanlam, sells stake in Ghanaian firm, Enterprise Group
Sanlam, South Africa’s largest insurer, which also has 30 percent stake in Nigeria’s FBN Insurance, said Friday that it has sold its
Barclays Africa to fight $86 Million payout over Bankorp
Barclays Africa Group Ltd., the South African bank formerly known as Absa, will go to the country’s high court to challenge a decision
Central bank row now among South Africa’s economic, political woes
A major row in South Africa over the independence of its central bank escalated on Tuesday, with both sides trading barbs in a dispute
South Africa’s current account deficit widens to 2.1% of GDP in Q1
South Africa’s current account deficit widened to 2.1 percent of GDP in the first quarter of this year from a deficit of 1.7 percent
South Africa’s resources stocks weaken after release of mining charter
Shares of South Africa’s resources companies weakened on Thursday after the minimum threshold for black ownership of mining