NewsSouthern Africa

Tue,24Jan2017

Southern Africa

Zimbabwe telecoms hike draws charges of social media crackdown

A police officer chats on a mobile phone at a polling station during a referendum in Harare, Zimbabwe, 2013. Photo: Tsvangirayi Mukwazhi/AP/SIPAZimbabwe's biggest mobile telephone company has pushed up data charges by a multiple of 25 in line with new regulations, prompting critics to complain that President Robert Mugabe's government is trying to throttle the use of social media.

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South Africa's Steinhoff and Shoprite in merger talks

Photo via Wikicommons

Africa's biggest grocery retailer Shoprite is in talks with Steinhoff about buying its African assets in an all-share deal that would create a group with $15bn in annual sales, the pair said on Wednesday.

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South Africa's power utility Eskom to invite bids to expand nuclear capacity

The cooling towers at Eskom's coal-powered Lethabo power station are seen near Sasolburg. Photo: Denis Farrell/AP/SIPASouth African power utility Eskom will this week invite bids to build six nuclear reactors in the government's push to increase nuclear capacity, its acting CEO said on Tuesday, despite the concerns of campaign groups and economists.

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IMF advises Zambia to delay re-financing $2.8bn of eurobonds

Zambia's capital Lusaka at dusk. Photo via WikimediaZambia should delay its planned re-financing of $2.8bn worth of eurobonds until financing conditions ease, an International Monetary Fund (IMF) representative said on Monday.

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South Africa's Sibanye Gold to buy Stillwater Mining for $2.2bn

Sibanye Gold's chief executive officer Neal Froneman, left, and chairman Sello Moloko, centre, ring the closing bell at the New York Stock Exchange. Photo: Mary Altaffer/AP/SIPA

South Africa's Sibanye Gold took a major step outside its home market on Friday with a $2.2bn cash bid for Stillwater Mining, the only US miner of platinum and palladium.

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Malawi: Thirsty for power, hungry for food

The Illovo sugar plant is Malawi’s largest consumer of electricity; it uses it to pump water. Photo by Mark Olalde for TAR

Malawi’s government is faced with a dilemma: how to find the balance between using Lake Malawi’s water to drive turbines and to irrigate the land

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