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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.
Capitec Bank says it plans to boost its transaction income in a year, which it expects will make it less reliant on lending income.
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.
Nedbank Group has reported a 26% rise in first-half profit, which was helped by a drop in bad debts and its push to boost revenue from fees.
Big South African banks are expected to show scant underlying growth when they report first-half earnings in coming weeks.
African nations exporting to the US under a deal should boost sales rather than pushing to extend the agreement, US trade representative Ron Kirk.
To 28-year-old Kenyan Mary Wanjiku, her cellphone is not just a cellphone. It is also a cheap, safe and easy way of sending her mother .
Pirates seized a British-owned ship and a Taiwan-registered fishing boat after taking three vessels last weekend, officials said on Tuesday.
Morgan Tsvangirai says that if the Zimbabwe Parliament is convened, mediators will have to deal with a violation of the power-sharing talks.
East Africa’s expanding economies unveiled spending plans geared to more growth, but will probably be dampened by food and fuel price inflation.
Three African trade blocs plan to harmonise trade policies so Africa can compete more effectively on world markets. Erastus Mwencha, secretary general of the Common Market for…
Africa must make higher health spending a priority if it is to stop rich nations poaching medical staff and cut deaths from the continent’s five biggest killers, an African…
Kenya is a land of stark contrast: the rich drive gleaming luxury cars and can afford to enrol their children in top British schools. But most live a hand-to-mouth existence and…