SA has expelled three Rwandan diplomats linked to a raid on an exiled general’s Johannesburg home while Rwanda reacted by ordering out six SA envoys.
The ANC is likely to extend its two-decade rule with ease, but rising discontent among grassroots supporters could chip away at the party’s majority.
Microsoft and Google are racing to fine tune a technology that could ultimately bring cheap broadband to the entire African continent.
South African telecoms firm Seemahala is developing a smartphone that focuses on the need in Africa for internet access and long battery life.
Amplats has said it would cut 6 000 jobs, fewer than half the 14 000 first proposed, as it tries to restore profits without provoking a backlash.
The new co-heads of Standard Bank has promised to sharpen the African focus following chief executive Jacko Maree’s resignation announcement.
Tokyo Sexwale’s Batho Bonke Capital has sold its stake in SA’s biggest retail bank, exiting one of the post-apartheid era’s highest profile BEE deals.
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/ 12 January 2012
Capitec Bank says it plans to boost its transaction income in a year, which it expects will make it less reliant on lending income.
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/ 31 October 2011
Capitec Bank says it aims to raise $110-million by issuing new shares to fund its expansion and boost capital ahead of new global banking needs.
Absa Group says it would merge its business and retail banking units, a similar move done by Barclays this year.