NewsSouthern Africa

Mon,27Feb2017

Southern Africa

Zimbabwe’s Mujuru: We don’t want to look like we’ll cause a coup

Zimbabwe’s opposition parties are coming together, says Joice Mujuru who is head of the Zimbabwe People First party. Photo: Chatham HouseFormer ruling-party baron Joice Mujuru is now the leader of Zimbabwe People First, a new opposition party that is seeking to work with others to get key concessions before elections in 2018.

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Total, Glencore and Gunvor bidding for Chevron's South African assets

The logo of French oil giant Total is pictured at the entrance of the CSTJF Total Research Center in Pau, France. Photo: Regis Duvignau/ReutersTotal, Glencore and Gunvor are bidding for a 75% stake in Chevron's South African downstream assets, which include a refinery, three industry sources told Reuters on Tuesday.

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South Africa to withdraw from International Criminal Court

The new headquarters of the International Criminal Court in The Hague, Netherlands. Photo: Mike Corder/AP/SIPASouth Africa has said it will withdraw from the International Criminal Court (ICC) because its obligations to the body are "incompatible" with its domestic laws.

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'We are tired of being taken for granted': Caught in the crossfire of South Africa's money wars

The Democratic Alliance's dream team in Johannesburg: mayor Herman Mashaba and opposition leader Mmusi Maimane. Photo: Marco Longari/AFPAfter losing control of several major cities in August’s local elections, the governing ANC is grappling with its loss of influence and control over spending.

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South Africa's rand steadies after deputy president, business back Gordhan

South African rand notes. Photo: Siphiwe Sibeko/ReutersSouth Africa's rand rallied more than 1% on Monday as political pressure on finance minister Pravin Gordhan eased and commodity prices steadied, lifting the currency further away from a one-month trough.

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South African finance minister's affidavit details $490m in Gupta transactions reported as suspicious

South Africa's finance minister Pravin Gordhan reacts during a media briefing in Johannesburg. Photo: Siphiwe Sibeko/ReutersSouth African finance minister Pravin Gordhan has revealed in a court affidavit distributed by the Treasury on Sunday that 6.8bn rand ($490m) in payments made by wealthy brothers Ajay, Atul and Rajesh Gupta, companies they control, and other individuals with the same surname have been reported to authorities as suspicious since 2012.

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