Moeletsi Mbeki: Black empowerment has failed
South Africa’s affirmative action policies have entrenched the rich-poor divide, the brother of the country’s former president said on Friday.
South Africa’s affirmative action policies have entrenched the rich-poor divide, the brother of the country’s former president said on Friday.
Gangs of South African men are raping lesbians in the belief it will ”cure” the women’s sexual orientation, an aid agency said on Friday.
Vodacom will list on the JSE in May as part of a deal that will give Vodafone majority control and pave the way for faster expansion into Africa.
South African clothing retailer Foschini posted an 8,7% rise in third-quarter revenue on Friday, thanks to new stores.
Fashion and homeware retailer Mr Price reported a 20,3% rise in third-quarter sales on Wednesday as it sold more clothes and opened new stores.
Tiger Brands may make an R8-billion cash-and-shares offer for AVI to create a South African food and consumer goods heavyweight.
Retailer Mr Price boosted first-half profit by 11% as its low-cost clothes helped it grab market share in tough conditions, lifting its shares.
Southern African leaders said on Sunday that Zimbabwe’s political rivals must split the leadership of a key ministry, a move rejected by the MDC.
Zimbabwean opposition leader Morgan Tsvangirai asked a summit of leaders on Sunday to set a deadline for an agreement on forming a Cabinet.
South Africa’s new Health Minister, Barbara Hogan, vowed on Thursday to make Aids a top priority after years of controversy over her predecessor.