NewsSouthern Africa

Fri,23Jun2017

Southern Africa

South Africa's Eskom says Molefe reinstated as chief executive

In this photo taken March 10, 2015 electricity pylons cross the skyline of Johannesburg city, background. Photo: Themba Hadebe/AP/SIPAEskom's former chief executive Brian Molefe will return to his job next week, the South African power utility said on Friday, about five months since he stepped down after being implicated in a report by the anti-graft watchdog into alleged influence-peddling.

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Enough is enough with our junk president

Schalk van Zuydam/AP/SIPA

South African comedian Conrad Koch poses for a photograph with his puppet, Chester Missing, at his home in Cape Town. Photo: Schalk van Zuydam/AP/SIPA.

While America has its 45th president and purportedly its second one of colour – because orange is a colour – we in South Africa are on our fourth democratically elected president. The West often only really seems to know about two African leaders: Nelson Mandela and The Lion King, and sometimes they seem to think Nelson Mandela is actually Morgan Freeman.

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Protesters disrupt platinum producer Lonmin's operations in South Africa

Razor wire set up outside the entrance to the Lonmin's platinum mine is seen in Marikana near Rustenburg, South Africa, Jan. 23, 2014. Photo: Themba Hadebe/AP/SIPAPlatinum producer Lonmin said on Thursday community protesters demanding 1,000 jobs were disrupting output, damaging property and intimidating employees around its Marikana and other operations in South Africa.

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Zambia President steps into row with First Quantum Minerals

Zambia's President Edgar Lungu speaks during the 71st session of the United Nations General Assembly, Sept. 20, 2016. Photo: Frank Franklin II/AP/SIPAZambia's president Edgar Lungu has called for an out of court settlement with First Quantum Minerals, which is being sued for $1.4 bn by a state-owned firm, the presidency said on Thursday.

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Monopoly money

 Waldo Swiegers/Bloomberg via Getty Images

Christoffel Wiese is a South African businessman and billionnaire who built Shoprite Holidings Ltd., a supermarket retailer, from the ground up. Waldo Swiegers/Bloomberg via Getty Images.

By: Marcia Klein

One of South Africa’s richest business leaders talks exclusively to The Africa Report about his commercial successes and failures, the debates about race and economics in South Africa and his criticism of the government

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South Africa can avert further downgrades: central bank governor

Lesetja Kganyago speaks to the media in Washington, 2011. Photo: Jacquelyn Martin/AP/SIPASouth Africa is capable of quickly addressing concerns raised by credit ratings agencies to avoid further downgrades, central bank governor Lesetja Kganyago said on Thursday.

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