South Africa Regains ‘Africa’s Largest Economy’ Title as Rand Strengthens

By SAPeople 11-08-16 16:13

PRETORIA – South Africa’s strengthening rand has made a contribution to the country regaining the title of the continent’s largest economy in nominal terms. “The positives are [attributable] to the global background and the fact that the recent elections were free and fair,” Standard Bank economist Kim Silberman told SAnews on Thursday. South Africa last held […]

barnes cwele

SA Post Office, With R3.7 Bln Loan to Rebuild, Will Start Own Bank

By SAPeople Staff Writer 08-07-16 18:41

The SA Post Office, which has been attempting a massive turnaround after being crippled by debt and poor service, has raised a loan of R3.7 billion locally and has got the greenlight from the Reserve Bank to start a bank, according to a media conference on Friday, Minister of Telecommunications and Post Services Siyabonga CweleHe said the briefing was […]

protein

How Much Protein is Actually in Those Shakes, Ask SA Researchers

By SAPeople Staff Writer 07-07-16 11:07

Protein supplements have become a widely popular way for avid gym-goers to pump extra protein into their bodies and bump up their muscles. Protein is essential for the overall health of the body, building and repairing its tissues and balancing the levels of energy, hormones and many other chemicals. It’s also central in building muscles […]

moonyeenn lee

US Oscar-Voting Panel Chooses its First South African

By SAPeople Staff Writer 06-07-16 10:07

Well-known South African casting director Moonyeenn Lee is the first South African to be included on the panel of movie people around the world who will chose the next Oscar winners. The Academy of Motion Pictures Arts and Sciences, which presides over the annual Oscars, named its 683 new panel members last week. It has been a […]

or tambo

Delays at OR Tambo as Biometric System is Launched

By SAPeople Staff Writer 04-07-16 11:28

JOHANNESBURG – Delays have been experienced at OR Tambo International Airport because of the rollout of the new biometric system to collect data on people arriving and leaving South Africa. Reports on Friday said that delays at the Johannesburg airport were up to two hours long, although no reports have been received from the weekend. Chris Zweigenthal of […]

stats south africa

South Africa Population Grows by 3.9 Million to 55.7 Million Since 2011

By SAPeople Staff Writer 01-07-16 15:41

The South African population has grown to 55.65 million in the past five years, according to the latest survey by the department of statistics. In the Community Survey figures released on Thursday, Statistics South Africa said the population grew from 51,770,560 in 2011 to 55,653,654, about 3.88 million. There are 27,247,226 males and in 28,406,428 females. The population […]

sabmiller

South Africa Clears AB InBev Takeover of SABMiller

By SAPeople Staff Writer 30-06-16 14:03

JOHANNESBURG – South Africa cleared Anheuser-Busch Inbev’s $100 billion-plus deal to acquire SABMiller on Thursday, putting the world’s largest brewer “on track” to complete the merger within the next six months. The Competition Tribunal, which gives the final word on mergers in Africa’s most industrialised country, said in a statement that concessions made by AB […]

general electric

General Electric Invests R500 Million in SA Innovation Hub

By SAPeople Contributor 30-06-16 10:54

American multinational General Electric (GE) has invested R500 million in its GE Africa Innovation Centre in Rosebank, Johannesburg, the tenth innovation hub set up globally but a first for GE in Africa. The 2,700 square-metre facility, which was 90 percent designed, built and executed in the country, houses GE’s innovation across Africa within its key business sectors […]

Britain Votes to Leave EU, Unleashing Global Turmoil

By SAPeople 24-06-16 09:11

LONDON (Reuters) – Britain has voted to leave the European Union, results from Thursday’s referendum showed, a stunning repudiation of the nation’s elites that deals the biggest blow to the European project of greater unity since World War Two. World financial markets plunged as complete results showed a near 52-48 percent split for leaving. The […]

house bantry bay

Cape Town House Fetches Highest Sales Price in Africa

By SAPeople Staff Writer 22-06-16 10:36

A magnificent house designed by South African group SAOTA and lying on the mountainside above Clifton Beach and Bantry Bay has reportedly sold for a record price for a residence in Africa – R290 million (almost $20 million). The seller, the Dogon Group, said last month the price was the highest ever fetched for a house […]

Max du Preez

Corruption has become ‘The New Normal’

By SAPeople Contributor 21-06-16 12:28

“I want you to get up right now. Go to your windows. Open them and stick your head out and yell: I’m as mad as hell and I’m not gonna take this anymore! Things have got to change. But first, you’ve gotta get mad! You’ve got to say, I’m as mad as hell, and I’m […]

mtn

South Africa’s MTN Names Vodafone Europe Head as New CEO

By SAPeople Staff Writer 20-06-16 17:00

JOHANNESBURG – South African mobile phone operator MTN Group named the head of Vodafone Europe as its new CEO on Monday, bringing in an outsider with a risk management background less than two weeks after it agreed to a $1.7 billion (£1.16 billion) fine to settle a dispute in Nigeria. Rob Shuter, a South African […]

Gupta brothers

After SABC and EFF, Hacktivists Target the Guptas

By SAPeople Staff Writer 15-06-16 14:12

The hacktivist/s known as Anonymous Africa, after targeting the websites of the SABC, the EFF and Robert Mugabe’s ZANU-PF over the last few days, on Wednesday said they are going after what they called “the 2nd most corrupt family in SA (after the Zumas)”. Anonymous Africa promised to take the Guptas’ companies offline at midday, and by […]

mashabane

South Africa a Case of ‘Diplomacy Without Diplomats’

By SAPeople Staff Writer 28-11-17 16:10

Jules Cambon, a former French diplomat, wrote: “Diplomacy will always have ambassadors and ministers; the question is whether it will have diplomats?” Referring to the diplomatic faux pas of International Relations and Cooperation (Dirco) Minister Nkoana-Mashebane when recently interviewed by Al Jazeera, Business Day suggested in an editorial “SA must learn art of diplomacy”. This […]

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