A mammoth task lies ahead for President Cyril Ramaphosa’s administration to reform South Africa’s economy. Progress has been made, but “one ... shouldn’t overestimate where we are. We’ve been taking steps in the right direction. We still need to do a lot more,” says economist and businesswoman Trudi Makhaya.
At the centre of Mozambique’s $2bn tuna bond scandal, is former finance minister Manuel Chang. The scandal, US prosecutors say, involved a ... criminal network of Mozambican officials conspiring with partners in foreign banks and shipbuilding companies to set up fraudulent projects.
During the night of 24 to 25 May, some 15 Confederation of African Football (CAF) employees were informed by email that they had been let go. ... The recipients all received the same message, which was composed of a few very explicit, cryptic sentences. “Your mission at CAF is over. Don't come to headquarters anymore. You will receive your salary for the month of June.”
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Former South African president Thabo Mbeki has been approached to help facilitate talks between government and civil society in Eswatini, following ... four days of violent protests in the absolute monarchy. It is understood that Eswatini's King Mswati III and prime minister Themba Masuku approached the former statesman; but Mbeki told them he would only agree if the process is led by the Southern African Development Community (SADC), a source close to the process said.
The government of Rwanda and the heads of state of the Southern African Development Community (SADC) have decided to intervene militarily in ... Mozambique's security crisis. But will this external support be enough to turn the tide?
AngloGold Ashanti’s new CEO Alberto Calderon will need to take risks in his native Colombia to revive the fortunes of the mining multinational ... which has lacked permanent leadership for a year, analysts say.
South Africa's former president Jacob Zuma went to jail in his state-funded VIP convoy just before midnight on Wednesday 7 July. His convoy sped ... out of the gate of his rural homestead in Nkandla without as much as a greeting to his inebriated son, Edward, who had been standing guard outside with a wooden stick in his hand, flanked by journalists and a small group of Zuma's supporters.
Tunisia’s Erik Goaied is a mysterious businessman who is well known in Tripoli and Pretoria. This eclectic adventurer is also the main person ... trying to find the treasure that Libya’s Muammar el Gaddafi is said to have hid in South Africa.