NewsSouthern Africa

Mon,19Feb2018

Southern Africa

Zimbabwe budget deficit widens sharply on runaway government spending

In this Aug. 10, 2015 photo Zimbabwean President Robert Mugabe delivers a speech in Harare. Photo: AP Photo/Tsvangirayi MukwazhiZimbabwe's budget deficit will soar to $1.82 billion or 11.2 percent of GDP this year from an initial target of $400 million, new Finance Minister Ignatius Chombo told parliament on Thursday.

Read more...

McKinsey worked with S.African firm after learning of Gupta links: sources

In this photo taken in September 2010 Atul Gupta is seen outside magistrates courts in Johannesburg. Photo: AP/SIPAGlobal consultancy McKinsey worked with a firm in South Africa for four months after learning it was controlled by the Gupta brothers, business friends of President Jacob Zuma accused of corruption, four sources familiar with the deal said.

Read more...

McKinsey worked with S.African firm after learning of Gupta links: sources

In this photo taken in September 2010 Atul Gupta is seen outside magistrates courts in Johannesburg. Photo: AP/SIPAGlobal consultancy McKinsey worked with a firm in South Africa for four months after learning it was controlled by the Gupta brothers, business friends of President Jacob Zuma accused of corruption, four sources familiar with the deal said.

Read more...

McKinsey worked with S.African firm after learning of Gupta links: sources

In this photo taken in September 2010 Atul Gupta is seen outside magistrates courts in Johannesburg. Photo: AP/SIPAGlobal consultancy McKinsey worked with a firm in South Africa for four months after learning it was controlled by the Gupta brothers, business friends of President Jacob Zuma accused of corruption, four sources familiar with the deal said.

Read more...

S.Africa's Sibanye confirms over 2,000 layoffs at gold mines

Feb. 20, 2014 - miners are photographed underground at the South Deep gold mine south of Johannesburg.Photo: Themba Hadebe/AP/SIPASouth African precious metals producer Sibanye-Stillwater confirmed on Wednesday that it had laid off more than 2,000 gold miners as it shuts its loss-making Cooke shafts where illegal mining syndicates have plagued its operations.

Read more...

South Africa nuclear regulator says expects plant site licence in June

SA's only existing nuclear site,  Koeberg nuclear power station is seen on the outskirts of Cape Town, South Africa, Feb 8, 2012. Photo: Schalk van Zuydam/AP/SIPASouth Africa's nuclear regulator said on Tuesday that an installation site licence would likely be granted in June for a nuclear power plant that the finance minister has said Africa's most advanced economy cannot afford.

Read more...

Page 9 of 563

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