Junk status looms following Pravin Gordhan fraud charge
Fraud charges against South African Finance Minister Pravin Gordhan have moved the country a step closer to a junk rating.
Hedge funds get over ‘cowboy’ image
Hedge funds in SA are counting on new government regulations to help them win credibility with fund managers who oversee R2.5-trillion in pensions.
Angola’s central bank governor sees more room to cut interest rates
The Angolan central bank governor says there is room for lending rates to come down, but he wants to avoid unnecessary price pressures.
Angola Telecom forecasts a profit for first time in eight years
Angola’s state-run phone company looks set to make a profit after receiving a $314-million government bailout.
Spar moves into Africa starting with Angola
The retailer will open its first store in Angola next week, with the help of an unnamed local partner.
Nampak plans to invest $250m in Angola drinks factory
The South African company, Nampak, has cast its eye to the rest of the continent, with Angola and Nigeria first in its sights.
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Death toll dips on SA?s deadly roads
CAR crashes on South Africa?s roads killed 171 fewer people in December 2000 than in the previous year – but the country remains one of the world’s most dangerous places to drive, according to government statistics released this week. The Christmas season death toll was down 17.8% – to 785 people killed in 565 fatal […]
