NewsSouthern Africa

Sun,23Sep2018

Southern Africa

South Africa to reallocate $3.5 bln of budget to revive economy - Ramaphosa

 South African President Cyril Ramaphosa, center with black cap, takes a walk from the Guguletu Sports Complex to the Athlone Stadium with members of the community and the general public in Cape Town, South Africa, Tuesday, Feb. 20, 2018. Photo: AP/SIPASouth African President Cyril Ramaphosa announced a raft of policy reform plans on Friday, including re-prioritising 50 billion rand ($3.5 billion) of public spending to boost economic growth and create jobs.

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South Africa's cabinet approves new mining charter

A front end loaders dumps sand on a conveyor belt at the Menell's Dump in the southeast of Johannesburg Thursday, March 22, 2007. Photo: DENIS FARRELL/AP/SIPSouth Africa's cabinet approved a long-delayed mining charter that sets out requirements for black ownership levels and backed the withdrawal of a mining bill after industry opposition, a minister said on Thursday.

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Zimbabwe: Lighting up a new relationship

 

Tsvangirayi Mukwazhi/AP/SIPAChinese investment and demand for tobacco have contributed to a boom in small-scale farming in the Zimbabwe countryside, but can the good times last?

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British fund Gemcorp extends $250 million loan to Zimbabwe -CEO

APLondon-based emerging market fund Gemcorp Group said on Monday it had extended a $250 million loan to Zimbabwe to help the country import essential goods like fuel and medicine, the company's CEO said.

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Anglo American asks Angola for permission to explore for metals

The President of Angola, Joao Lourenco, addresses the media during a joint press conference after a meeting with German Chancellor Angela Merkel at the chancellery in Berlin, Wednesday, Aug. 22, 2018. Photo: Markus Schreiber/AP/SIPAAnglo American, one of the world's largest commodities miners, has asked Angola for permission to explore for base metals, the country's ministry for mines said on Friday.

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Travel South Africa: The great white

 

Harry StoneAs adrenalin-packed leisure pursuits go, cage-diving with sharks could be the biggest challenge of them all. But these predators are also a wonder to behold

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