NewsSouthern Africa

Sat,18Aug2018

Southern Africa

South Africa's opposition EFF introduces bill to nationalise central bank

Economic Freedom Fighters leader, Julius Malema, left,  outside the Constitutional Court in Johannesburg, South Africa, Thursday, March 30, 2017. Photo: Themba Hadebe/AP/SIPAThe leader of South Africa's far-left Economic Freedom Fighters, Julius Malema, has introduced a bill to nationalise the central bank, parliament said late on Thursday.

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Interview: João Miguel Santos, Managing director, Boeing International Sub-Sahara Africa

 

Ed Turner/BoeingAfrica’s new aviation treaty brings huge opportunities, and both Boeing and European rival Airbus want their piece of the pie

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Angola aims to boost oil output with new block sale agency

Angola President Joao Lourenco speaks during the plenary session of the European Parliament in Strasbourg, eastern France, Wednesday, July 4, 2018. Photo: Jean-Francois Badias/AP/SIPAAngola will launch next year a new agency to handle oil concessions, the government said on Thursday, as President João Lourenço pushes ahead with reforms aimed at boosting production in Africa's second biggest oil industry.

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Zimbabwe's Mnangagwa moves to stop Chamisa's election court challenge

Zimbabwean President elect Emmerson Mnangagwa addresses a press conference in Harare, Friday, Aug, 3, 2018. Photo: Tsvangirayi Mukwazhi/AP/SIPAZimbabwe's President Emmerson Mnangagwa has filed submissions in the country's highest court opposing a court challenge to his victory by main opposition leader Nelson Chamisa, one of Mnangagwa's lawyers said on Wednesday (August 15).

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S.Africa’s Ramaphosa proposes new sovereign wealth fund: party officials

South African President Cyril Ramaphosa addresses a media conference at the end of the BRICS Summit in Johannesburg, South Africa, Friday, July 27, 2018. Photo: Themba Hadebe/AP/SIPASouth African President Cyril Ramaphosa has proposed setting up a sovereign wealth fund to help boost economic growth, and his ruling African National Congress (ANC) backs the plan, two senior party officials said on Tuesday.

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South Africa's Eskom reaches "in principle" wage deal with unions

A street light burns daytime outside a glass office building in Johannesburg Thursday, Feb. 14, 2008. Photo: AP Photo/Denis FarrellSouth African power utility Eskom and trade unions reached an "in principle" wage deal, the company said late on Wednesday, potentially ending weeks of tense negotiations that have lead to power outages in Africa's most industrialised economy.

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