NewsSouthern Africa

Sat,21Jul2018

Southern Africa

Zimbabwe: The great game-changer

 
 

Opposition supporters march on the streets of Harare, Zimbabwe, Tuesday, June, 5, 2018. Photo:  Tsvangirayi Mukwazhi/AP/SIPAElections due to be held before August will show if the ruling party and security services can turn a  new page on the repression of the past, fight off a challenge from an invigorated opposition and  win over international donors and investors waiting  to take part in the revival of the economy

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Steinhoff seeks further debt standstill from creditors

A shopper takes his shopping cart along one of the wide walk-ways at the Mall of Africa in Midrand, South Africa, Thursday April 28, 2016. Photo: Denis farrell/AP/SIPATroubled retailer Steinhoff said it is seeking a further three week standstill from creditors on its debt obligations as a financial restructuring nears agreement.

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Old Mutual wraps up four-way break-up with Johannesburg listing

A worker at the Stock Exchange in Johannesburg, South Africa uses his mobile phone Tuesday, April 4, 2017. Photo: Denis farrell/AP/SIPAOld Mutual Plc will list its African financial services unit in Johannesburg on Tuesday, returning to its roots as a South African-based financial services group and largely wrapping up a radical break-up of the group.

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Mozambique: The anatomy of corruption

 

Grant Lee Neuenburg/ReutersThe Africa Report shines a light on how an African government crafted  a shady deal, with the help of international contractors and big banks, that the country’s citizens will be paying for over decades to come

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Restructuring Eskom top of South Africa agenda-finmin Nene

SA Finance Minister Nhlanhla Nene, left, delivers the annual South Africa budget speech to Parliament in Cape Town, South Africa, Wednesday, Feb. 25, 2015. Photo: Schalk van Zuydam/AP/SIPARestructuring state-run power firm Eskom is "on top of the agenda" for South Africa, the country's finance minister Nhlanhla Nene said on Friday, though he said recent outages likely had very little impact on the economy.

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Zimbabwe regulator cuts mobile data tariffs by 60 percent

AP/SIPAZimbabwe's telecoms regulator has cut the price of mobile data by 60 percent with effect from next month, it said on Thursday, adding that it will now review charges annually.

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