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Nissan SA retrenchments

South Africa’s August Business Confidence Lowest in 34 Years

By Reuters 11-09-19 14:16

JOHANNESBURG – South African business confidence fell to its lowest level in 34 years in August, as a sharp drop in export volumes and a weaker currency aggravated already tough economic conditions, a survey showed on Wednesday. The South African Chamber of Commerce and Industry’s monthly business confidence index (BCI) fell to 89.1 in August […]

Tanzania Seizes Ivory Tusks Equivalent to 117 Elephants Killed

By Reuters 11-09-19 10:59

Tanzania has seized ivory tusks equivalent to killing at least 117 elephants, its tourism minister said, part of its drive to stamp out organised criminal networks involved in years of industrial-scale poaching. The elephant population in Tanzania, famed for its wildlife reserves, shrank from 110,000 in 2009 to barely 43,000 in 2014, according to a 2015 census, […]

Over 600 Nigerians Opt for Free Evacuation from South Africa

By Reuters 10-09-19 13:48

ABUJA – At least 640 Nigerians have signed up to take free flights home from South Africa after xenophobic attacks on foreigners, a spokeswoman for Nigeria’s president said on Tuesday. Private Nigerian airline Air Peace plans to operate two flights with Boeing 777 aircraft, the first leaving Lagos late on Tuesday to return on Wednesday […]

Carmen Le Grange is New Finance Chief at Denel, South Africa’s State Defence Firm

By Reuters 09-09-19 14:22

JOHANNESBURG – South Africa’s Denel named a new chief financial officer (CFO) on Monday – Carmen Le Grange – as the struggling state-owned defence firm seeks to improve corporate governance and return to profitability. A cornerstone of the country’s once-mighty defence industry, Denel recorded a 1.76 billion rand ($119 million) loss – its first in […]

Springboks in Japan “Devastated” by Chester Williams’s Death

By Reuters 07-09-19 11:41

JOHANNESBURG – This morning the Springboks, who are in Japan preparing for the Rugby World Cup (RWC), woke up to the devastating news that World Cup winner Chester Williams died after a suspected heart attack on Friday. “This was horrible news to wake up to,” coach Rassie Erasmus said in a statement. “There was a […]

Kidnapped South African Freed After 41 Days in Eastern Congo Forest

By Reuters 07-09-19 10:31

GOMA, Democratic Republic of Congo – Looking grey and gaunt, but relieved it’s over – South African mine worker Philippe Bota, who was kidnapped by militia in eastern Congo in late July. was released on Thursday. According to the official Twitter account of the province, Maniema, where he was taken, Bota had been captured for […]

Caster Semenya Signs With South African Football Club JVW

By Reuters 06-09-19 22:24

Double Olympic champion Caster Semenya could trade her running shoes for soccer boots as early as next year after the 28-year-old signed for South African women’s club JVW FC. The South African athlete will not be able to defend her 800 metres title at the world championships later this month after the Swiss Federal Tribunal […]

Prince Harry Will Visit Diana’s Angola Landmine Project

By Reuters 06-09-19 18:41

LONDON – Britain’s Prince Harry will make a poignant visit to Angola this month to visit the landmine clearance project that featured in some of the most famous photographs of his late mother Princess Diana. The pictures of Diana wearing protective gear as she walked among red skull-and-crossbone signs in 1997 won vital publicity for […]

Prejudice and Trauma Tackled in ‘Moffie’ by South African Director in Venice

By Reuters 06-09-19 17:13

VENICE, Italy – South African director Oliver Hermanus hopes his new film about young soldiers during apartheid will help open up a conversation about what he calls “toxic masculinity” and LGBT rights. Set in 1981, Hermanus’ drama, provocatively called “Moffie” a derogatory slang term for being gay, shows a group of white teenage boys called […]

Madagascar Forest Destruction Worse Than Amazon, Wiping Out Humans’ Tiniest Relative

By Reuters 06-09-19 13:58

KIRINDY FOREST, Madagascar – As a shocked world watches fires ravage the Amazon, slash-and-burn farmers are wreaking proportionally worse destruction half a world away in Madagascar, driving humanity’s smallest relative – the Madame Berthe’s mouse lemur – to extinction. Frustrated conservationists hope Friday’s arrival of the environmentally-conscious Pope Francis will spotlight the island that lost […]

Robert Mugabe has died

OBITUARY: Zimbabwe’s Robert Mugabe: From Liberator to Oppressor

By Reuters 06-09-19 14:06

Zimbabwe’s Robert Mugabe was feted as an African liberation hero and champion of racial reconciliation when he first came to power in a nation divided by nearly a century of white colonial rule. Nearly four decades later, many at home and abroad denounced him as a power-obsessed autocrat willing to unleash death squads, rig elections […]

rand south africa monwy

South Africa’s Rand Extends Rally to 4-week High, Stocks Up

By Reuters 04-09-19 20:17

JOHANNESBURG (Reuters) – South Africa’s rand rose to a four-week high on Wednesday backed by a better-than-expected jump in second-quarter growth and improved risk sentiment globally, brushing off concerns over anti-immigrant protests. Stocks gained led by Naspers. At 1545 GMT the rand was 1.91% firmer at 14.8025 per dollar, its firmest level since Aug. 6, […]

Business Leaders Urge South Africa’s Ramaphosa to Reform Faster

By Reuters 04-09-19 11:50

CAPE TOWN – South African business leaders on Wednesday urged President Cyril Ramaphosa to push through reforms faster to lift the economy and curb investment outflows, as executives and policymakers gathered for a continental economic summit. Frustration is building in South Africa. Ramaphosa has promised sweeping reforms, but growth remains below 1% a year and […]

Zambia Call Off Home Friendly Over South African Riots

By Reuters 04-09-19 10:17

JOHANNESBURG – The Football Association of Zambia (FAZ) has called off the country’s friendly soccer international against South Africa in Lusaka on Saturday after riots in Johannesburg and the capital Pretoria left at least five people dead. South African police arrested more than 80 people and confirmed the five deaths as violence intensified on Tuesday, […]

Cape Town Restaurant Serves Insect-Only Dishes as South Africans Get the Bug

By Reuters 03-09-19 16:39

South African chef Mario Barnard said he was “grossed out” and did not entirely enjoy eating grilled scorpions and crunchy insects mixed with garlic and spices on a trip to Thailand four years ago. But the experience inspired Barnard to start experimenting with insect-based meals and in July he opened a pop-up restaurant in Cape […]

South Africa Avoids Recession with Surprise Second Quarter Economic Growth

By Reuters 03-09-19 13:06

PRETORIA – South African GDP grew more than expected in the second quarter thanks to a recovery in mining and manufacturing, official data showed on Tuesday, in a boost to President Cyril Ramaphosa’s efforts to revive a troubled economy. Growth in the three months to June was 3.1%, after a revised contraction of 3.1% in […]

petrol

South African Fuel Prices Rise in September After Rand Slide

By Reuters 03-09-19 09:03

The retail price of petrol in South Africa will rise by 0.7% from Sept. 4, while the price of wholesale diesel will increase by 1.8 percent, the energy department said on Monday. The price of petrol will rise by 11 cents to 16.03 rand ($1.05) per litre in the commercial hub of Gauteng province, while diesel will also […]

Wayde Van Niekerk Rules out World Championship Defence

By Reuters 02-09-19 16:26

World record holder Wayde van Niekerk said he would not defend his 400-metres title at this month’s World Championships in Doha as he has yet to recover from a knee injury. The Olympic champion suffered the injury while playing a charity touch rugby game in October 2017 and has not raced internationally since. The 27-year-old […]

South Africa’s Rand Finally Firmer, Trade Hopes Lift Stocks to 3-Week High

By Reuters 31-08-19 12:02

JOHANNESBURG – South Africa’s rand firmed against the U.S. dollar in late trade on Friday, as hopes for a rapprochement on trade between Beijing and Washington calmed investors’ nerves. The currency had suffered through much of August, sliding nearly 6% on fears of a downgrade to junk by Moody’s, and concerns about the trade dispute […]

South African Arms Firm Denel Gets R1.8-Billion Bailout

By Reuters 30-08-19 16:40

JOHANNESBURG – South African state arms firm Denel said on Friday it had received a R1.8 billion ($118.13 million) bailout and that government would consider its request for a further R1-billion cash injection in budget planning for 2020/21. Denel, which has been struggling to emerge from a financial crisis, added in a statement it would […]

Ebola Death Toll in East Congo Outbreak Rises Above 2,000

By Reuters 30-08-19 14:26

GOMA, Democratic Republic of Congo – The death toll from Democratic Republic of Congo’s year-long Ebola outbreak has climbed above 2,000, government data showed on Friday, as responders battle to overcome community mistrust and widespread security problems. The death in neighbouring Uganda of a 9-year-old girl – who had tested positive for the virus after […]

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