NewsSouthern Africa

Wed,21Nov2018

Southern Africa

Malawi gold rush pulls in villagers as excitement swells

While some traders have paid up to $34 a gram, panning for gold is backbreaking work with no guarantee of success (AFP Photo/AMOS GUMULIRA)Bwenzi Nkalima ditched his job as a watchman after a new gold rush in Malawi promised to bring in more money to look after his family.

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IMF says optimism in South Africa's economic recovery fading

South Africa President Cyril Ramaphosa speaks during the unveiling ceremony of the Nelson Mandela Statue which was presented as a gift from South Africa, Monday, Sept. 24, 2018, at United Nations headquarters. Photo: Angela Weiss/AP/SIPASouth Africa's economic recovery plans face serious constraints with growing debt of state firms domestically and capital outflows as a result of global trade tensions, the International Monetary Fund (IMF) said on Monday.

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South Africa's Eskom revises coal contract strategy, seeks supply security

 People walk below power pylons at Hartebeespoort, South Africa, Friday Nov. 25, 2011.Photo:  AP Photo/Denis   South Africa's cash-strapped power utility Eskom said on Friday it had revised its coal strategy to focus on contracts that offer long-term, fixed prices and security of supply as it faces possible power outages and low stockpiles of the fuel.

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"The NHI is not going to kill the private sector."- Aaron Motsaoledi, Health minister, South Africa

Aaron Motsaoledi Health minister, South Africa

The NHI is not going to kill the private sector

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South Africa: Healthcare in a hurry

 

Leila Dougan/Daily MaverickPresident Ramaphosa’s government is pushing through National Health Insurance legislation despite opposition and complaints of lack of clarity

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South Africa's MTN aims to offer mobile banking in Nigeria next year

People sell MTN phone cards on a street in Lagos, Nigeria Thursday, Nov. 5, 2015. Photo: Sunday Alamba/AP/SIPAMTN Group will apply for a mobile banking license in Nigeria and launch a service there next year, its CEO said on Tuesday, further embedding the South African telecoms company in its biggest but increasingly problematic market.

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