PRETORIA – South Africa has received an award in Washington for being named the best country for debt management and sovereign bond issuance in sub-Saharan Africa. “Emerging Markets Newspaper, an affiliate of the IMF/World Bank Annual Meetings, named South Africa the best country for debt management/sovereign bond Issuance in sub-Saharan Africa. This comes just after the World […]

LONDON/BRUSSELS (Reuters) – SABMiller <SAB.L> shareholders overwhelmingly backed the brewer’s $100 billion-plus takeover by Anheuser-Busch InBev <ABI.BR> on Wednesday, clearing the last big hurdle for one of the largest corporate mergers in history. The combined group will sell more than a quarter of all beers sold worldwide and be the fifth largest consumer goods company. […]

The Democratic Alliance (DA) has warned that South African President Jacob Zuma’s nuclear deal will be disastrous for the country. It will literally bankrupt us, diverting billions of rands from poverty reduction projects, while producing a nuclear white elephant in two decades’ time, claim the DA. But it will make a lot of money for […]

South African English native speakers are being sought for a localisation project in Barcelona, Spain. UPDATE 22 September 2016: Thank you to everyone who applied. All the vacancies have been filled so we have removed the advertised positions from this page.

SAN FRANCISCO/WASHINGTON (Reuters) – Tesla Motors Co Chief Executive Elon Musk said on Sunday the automaker was updating its semi-autonomous driving system Autopilot with new limits on hands-off driving and other improvements that likely would have prevented a fatality in May. The South African entrepreneur said the update, which will be available within a week or […]

CAPE TOWN – Statistics South Africa (Stats SA) Deputy Director-General Joe de Beer says the country’s headline figure, the real gross domestic product (GDP), grew by 3.3% in the second quarter of 2016. This is after the real GDP production decreased by 1.2% in the first quarter. “The main contributors to the GDP growth rate were […]

South African businesses continue to buy up overseas companies, with the latest being an announcement today that SA’s fast food group Famous Brands has signed a “mouth-watering” agreement to buy Gourmet Burger Kitchen (GBK), a well-known gourmet bourger restaurant chain in the United Kingdom (UK). Famous Brands – which bought Wimpy SA in 2003 – already owns […]

When an elite crime-fighting unit investigates a member of Cabinet, what does the rule of law require? In South Africa the Directorate for Priority Crime Investigation (the Hawks) have been circling finance minister Pravin Gordhan. Two main narratives are emerging to explain the ongoing saga. The first is that the minister may have committed some […]

JOHANNESBURG (Reuters) – South Africa’s Steinhoff <SNHG.DE> warned on Wednesday the slump in the pound after Britain’s vote to leave the European Union would hurt its UK business as the furniture conglomerate fell a touch short of estimates with a one-third rise in annual sales. Steinhoff, which is in the middle of buying British discount […]

JOHANNESBURG (Reuters) – South Africa’s Treasury and state-owned Eskom clashed on Monday over a probe into coal contracts between the power utility and a company linked to the wealthy Gupta family that is accused of holding undue political sway over President Jacob Zuma. The row further scarred relations in a government rocked by a police […]

JOHANNESBURG – In what is becoming a conversation through the media, the Gupta Family has responded to statements made on Sunday by Democratic Alliance (DA) Shadow Minister, David Maynier… warning that this media narrative being metered out by Maynier “without any basis of wrong-doing” could put others off investing in South Africa. Following the Gupta Family […]

South African opposition parties, the Democratic Alliance (DA) and the Economic Freedom Fighters (EFF), have both welcomed the news that the Gupta family will exit their shareholding in all their businesses in SA by the end of 2016. The EFF said it welcomed the news “with caution”, whilst the DA said the family’s claim that […]

JOHANNESBURG – The Guptas – who are believed to have a close relationship with President Jacob Zuma – have announced their intention to sell shareholding in all South African businesses by the end of 2016. Following their earlier statement today about newspaper reports of alleged comments made by Finance Minister Pravin Gordhan, accusing the Gupta […]

JOHANNESBURG – In response to an article in News24 yesterday – headlined “Guptas are attacking me, Gordhan tells Treasury staff” – the Gupta Family has issued a statement expressing “deep disappointment”; and claiming they firmly believe in the rule of law and are happy to answer to any and all allegations made against them. The News24 article claimed that […]

The local elections ten days ago sent loud signals to all but the stone deaf, of which there remain many. Compared to previous national jousts, many walked away from the ANC, NFP or Cope; many of whom elected then to vote DA, EFF or IFP. Or stayed away in disgust. But in 27 municipalities (10% […]

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 […]

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 […]

Cape Town has come in 10th out of the world’s top 15 cities named in the 2016 Travel & Leisure magazine awards, and is the top city in Africa and the Middle East. Although it was higher than Rome in the top 15, it came off below Florence. The No. 1 city was Charleston, South […]

The first passenger flights to the remote island of St Helena – flying out of Johannesburg – were meant to start in May. At the same time, the famous ship the RMS St Helena announced that its last trip to the island would take place in June. Neither has happened. St Helena, where Napoleon was exiled, […]

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 […]

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 […]

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 […]

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 […]

WASHINGTON – A fatal accident in which the driver of a Tesla Motors Inc Model S car operating in Autopilot mode was killed in a collision with a truck has prompted an investigation by federal highway safety regulators, the U.S. government and Tesla disclosed on Thursday. The investigation of the first known fatality to involve […]

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 […]