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DON'T MISS : Talking Africa New Podcast – 'The mega-cities of the future are in Africa' – Emma Wade-Smith

South Africa

False Dawn

The albatross around South Africa’s neck: why SOEs aren’t working

Poorly managed state-owned entities (SOEs) are depleting South Africa’s budget. The government continues to offer them an expensive lifeline ... in the form of multi-billion rand bailouts.

Second Bite

MTN must adapt mobile-money model to crack South African market

MTN will have to offer South Africa’s urban population a greater sophistication of financial services if its mobile-money offering is to succeed ... in the country at the second time of asking.

DRIVING A BARGAIN

South Africa: CFAO buys Steinhoff’s automotive business

French firm, CFAO has purchased a 74.9% stake in Steinhoff’s automotive division, Unitrans. Steinhoff launched the subsidiary to "simplify" ... its portfolio after becoming embroiled in a major financial scandal two years ago.

jobs angst

South Africa: Storm clouds gather around ArcelorMittal SA

ArcelorMittal SA shutting down steel plants from coast to coast is strengthening the case for opponents of the privatisation of state-owned entities ... (SOEs).

Cash still king

South Africans show their scepticism over benefits of financial services

South Africans are significantly less confident that financial services can help make the country more prosperous compared with Kenyans and Nigerians, ... according to the Financial Prosperity Barometer published on November 25 by online payment service provider PayU.

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Turbulence zone

South Africa can’t afford to let its national airline fail

South Africa’s finance minister Tito Mboweni has repeated his call for South African Airways (SAA) to be shut down. The reality is that the ... country can’t afford to let its flagship fail.

number crunch

Openness is key to Africa’s success in a data-driven world

While Africa’s trajectory remains full of daunting challenges, there is reason to be optimistic. ...

Strategic diplomacy

Cost-cutting hits South Africa’s diplomatic portfolio

South Africa looks set to trim its diplomatic footprint in favour of value against the backdrop of tough economic times. ...

reclaiming modernity

Achille Mbembe on how to restore the humanity stolen by racism

The African philosopher, Achille Mbembe, has gained an enviable reputation as a scholar that challenges the tenets of modernity. ...

BREWING DISCONTENT

South Africa: Distell loses round one of its fight against AB InBev

Brewer Distell’s attempt to get its rival, AB InBev, declared in breach of its merger conditions with SABMiller has fizzled out. But it’s ... not giving up just yet.

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