News Southern Africa

Thu,27Nov2014

Southern Africa

Namibia goes for full electronic voting

File photo©ReutersNamibia will become the first African nation to use an electronic voting system, as it prepares to elect a new president and a record number of women in government.

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Angola: Isabel dos Santos' bid price for Portugal Telecom remains unchanged

Photo©ReutersA takeover offer of 1.35 euros a share for Portugal Telecom by Angolan entrepreneur Isabel dos Santos will be maintained. And despite the stock's 25 percent rise since her bid almost three weeks ago, dos Santos consider's it a fair deal.

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Manufacturing: SABMiller, Coca-Cola, GFI to create African bottler

Photo©ReutersSABMiller Plc, The Coca-Cola Company and Gutsche Family Investments (GFI) are combining their soft drinks bottling operations in South and East Africa to create a group with $2.9 billion in revenue across 12 fast-growing markets.

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Zimbabwe's Vice President Mujuru tumbles from grace

Joice Mujuru has until recently been touted as one of Mugabe’s likely successorsZimbabwe Vice President Joice Mujuru has been thrown out of the ruling Zanu PF's central committee after she was accused of plotting to assassinate President Robert Mugabe.

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Zimbabwe: Reduced revenues now a norm - Moyo

Photo©ReutersZimbabwe's Finance minister, Patrick Chinamasa on Thursday presents the country's 2015 national budget amid low expectations as most captains of industry, stakeholders and citizens feel that it is nothing more than a routine exercise.

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Rare 40.23-carat ruby unearthed in Mozambique

File PhotoBritish precious stones miner Gemfields Plc said it had found a 40.23-carat rough ruby at its Montepuez deposit in Mozambique, and termed the find as "one of the most important rubies unearthed in recent times".

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