Regional

10 hours ago | November 12, 2019

South African state airline says could cut more than 900 jobs

JOHANNESBURG – South Africa’s struggling state-owned airline South African Airways (SAA) could cut more than 900 ...

1 day ago | November 11, 2019

South Africa’s rand slips on U.S-China trade deal delay

JOHANNESBURG – South Africa’s rand dipped in early trade on Thursday, extending a slide from the previous session, ...

5 days ago | November 7, 2019

Rand slips on U.S-China trade deal delay

JOHANNESBURG – South Africa’s rand dipped in early trade on Thursday, extending a slide from the previous session, ...

7 days ago | November 6, 2019

South African rand flat amid fears of gloomy economy

JOHANNESBURG – South African rand traded flat on Wednesday, hovering near a four-session peak, as cautious ...

1 week ago | November 5, 2019

South Africa’s PetroSA eyes Russia for $359 mln farmout deal

CAPE TOWN/MOSCOW – South Africa’s national oil company PetroSA and Russia’s state geological company Rosgeologia ...

1 week ago | November 4, 2019

S.Africa bonds rally after Moody’s rating reprieve

South Africa’s dollar-denominated sovereign bonds jumped and yields of the local 10-year benchmark eased on Monday after ...

2 weeks ago | November 1, 2019

Africa’s MTN cancels $300 million stake sale in Mascom ...

JOHANNESBURG – South African telecoms major MTN Group Ltd has ditched a plan to sell its 53% stake in Mascom ...

2 weeks ago | October 30, 2019

Rand steady in wait-and-watch trade

JOHANNESBURG – South Africa’s rand was flat against the dollar on Wednesday as investors kept a cautious stance ...

2 weeks ago | October 29, 2019

South Africa Q3 unemployment rate at 29.1%, 11-year high

PRETORIA – South Africa’s unemployment rate stood at 29.1 % in the third quarter versus 29% in the previous ...

3 weeks ago | October 24, 2019

South African regulator says 40 of 46 grounded planes back in air

JOHANNESBURG – Forty of the 46 airplanes grounded this week owing to faults at the maintenance unit of state-owned ...

3 weeks ago | October 23, 2019

Rand weakens before inflation data’s release

JOHANNESBURG – South Africa’s rand weakened early on Wednesday, giving back some of the gains of from the day ...

AfDB readies for second edition of investment forum

JOHANNESBURG – The African Development  Bank (AfDB) has set November 11 to 13 this year as the dates for the  ...

3 weeks ago | October 21, 2019

Rand flat against a subdued dollar

JOHANNESBURG – South Africa’s rand was flat against the dollar on Monday, holding around the gains made in the ...

4 weeks ago | October 18, 2019

Rand slides further as blackouts return

JOHANNESBURG – South Africa’s rand inched lower early on Thursday, extending the previous session’s sharp drop as ...

Moyo wants Old Mutual directors jailed

Axed Old Mutual CEO Peter Moyo says there is no punishment befitting Old Mutual directors other than six months’ jail ...

4 weeks ago | October 17, 2019

Rand slides further as blackouts return

JOHANNESBURG – South Africa’s rand inched lower early on Thursday, extending the previous session’s sharp drop as ...

4 weeks ago | October 16, 2019

Nigeria inflation rises in September from near four-year low

ABUJA – Higher food prices helped push up annual inflation in Nigeria last month after three consecutive months of ...

1 month ago | October 9, 2019

Rand pauses slide as risk clouds gather

JOHANNESBURG - South Africa’s rand was little changed early on Wednesday as traders took profits on the dollar and ...

1 month ago | October 8, 2019

Rand steady, focus on Sino-U.S. trade talks

JOHANNESBURG - South Africa’s rand was steady in early trade on Monday, as investors waited for the U.S.-China talks due ...

4 months ago | July 16, 2019

Rand boosted by rise in risk-on sentiment

JOHANNESBURG - South Africa’s rand inched up against the dollar on Monday after encouraging economic data from China ...