NewsSouthern Africa

Wed,18Oct2017

Southern Africa

IMF says Zambia public debt rising at unsustainable pace

A woman sits in front of an IMF logo at the venue of the IMF and World Bank meeting, Oct. 10, 2012. Photo: Itsuo Inouye/AP/SIPAZambia's public debt is growing unsustainably, making the economy of Africa's No. 2 copper producer vulnerable to market swings and reversals in capital flows, the International Monetary Fund (IMF) said on Tuesday.

Read more...

Scandal-hit KPMG South Africa vows reforms, loses another client

Logo of KPMG pictured in Berlin, Germany, June 22, 2017. Photo: Michael Sohn/AP/SIPASouth African waste management company Interwaste fired KPMG as its auditor on Thursday, dealing another blow to the accounting firm ensnared in a scandal involving business friends of President Jacob Zuma.

Read more...

Cost cuts help Wal-Mart's South African arm Massmart

 Walmart sign on June 1, 2017, in Hialeah Gardens, Florida, USA. Photo: Alan Diaz/AP/SIPAMassmart Holdings Ltd, the South African arm of Wal-Mart, reported a small rise in half-year earnings on Thursday, helped by cost cuts as cash-strapped shoppers spent warily.

Read more...

South Africa's Guptas to sell media stakes in bid to "clear name"

Atul Gupta is seen outside magistrates courts in Johannesburg, South Africa, Sept 2010. Photo: AP/SIPAThe main company owned by South Africa's Gupta brothers, business friends of President Jacob Zuma, said on Monday it would sell its media assets - investments caught up in an influence-peddling scandal.

Read more...

South Africa's competition watchdog probes high data costs

A woman uses a mobile phone to take a photo of a bust of the former ANC president, the late Oliver Tambo,  Johannesburg, SA. Photo: Themba Hadebe/AP/SIPASouth Africa's competition watchdog has launched an investigation into the high cost of internet data, the regulator said on Friday, after a groundswell of complaints from consumers and civil society.

Read more...

Angola will have a new president for the first time in four decades

Angolan President Jose Eduardo Dos Santos, left, shakes hands with Chinese President Xi Jinping  in Beijing, June 9, 2015. Photo: Wang Zhao/AP/SIPAAngola goes to the polls on August 23 and the ruling People's Movement for the Liberation of Angola (MPLA) is fielding a different candidate for the first time in 38 years.

Read more...

Page 2 of 554

Subscriptions Digital EditionSubscriptions PrintEdition

FRONTLINE

NEWS

POLITICS

HEALTH

SPORTS

BUSINESS

SOCIETY

TECHNOLOGY

COLUMNISTS

Music & Film

SOAPBOX

Newsletters

Keep up to date with the latest from our network :

subscribe2

Connect with us