In the second part of our series on the impact of COVID-19 on South Africa, we focus on its banking industry. South Africa’s banks are strong ... enough to withstand the pressures of COVID-19 – but the pandemic has shown the limits of their model of geographical diversification.
Johannesburg scares the shit out of me. Here, even my Chicago core feels intimidated, not quite up to the challenge in this city where safety ... is the first priority. Forever on guard. Driving down a major thoroughfare you grow tense when you see a road-sign warning about a high-crime hot-spot. Hope to make it through without getting jacked or smash-and-grabbed.
With the second largest economy in Africa, how has South Africa been coping with the economic fallout from the pandemic? In our first part of ... a series on the impact of COVID-19 on the country, we look into how buying the rand has become a punt on the chances of a second wave of the coronavirus as the importance of the South African economy recedes.
The Constitutional Court has allowed for independent candidates to contest elections; South African's electoral playing field may now bring apathetic ... voters back into the democratic process -- but it could also lead to divisive campaigns based on personality.
Thousands of South African Airways (SAA) workers will find out on Monday what shape a re-imagined version of the airline will take, when its ... business rescue practitioners (BRPs) are to publish a long-awaited rescue plan.
The Public Investment Corporation (PIC), the biggest fund manager on the continent, is rebalancing its listed portfolio and has reduced its shareholding ... in Pretoria Portland Cement Company (PPC), South Africa’s largest cement producer.
Of all the legacies of colonialism, one of those which has most hampered economic growth and the alleviation of poverty is fragmentation – ... neighbours with different currencies, regulations enabling trade with Europe but not with other Africans, and a neglect of intra-African transport and infrastructure links to facilitate this trade.