South African technology firm Dimension Data has agreed to sell 60% of its Britehouse Group IT consulting and services business to black investors. Didata said on Thursday it had won approval to sell the stake to a consortium comprising black empowerment groups Convergence Partners Investments and Safika Holdings, and investment firm VenFin.
South Africa’s Finance Ministry was disappointed by the European Union’s nomination of a candidate for the top job at the International Monetary Fund (IMF) without broader consultation, a spokesperson said on Thursday. The EU said on Tuesday its finance ministers had agreed to support former French finance minister Dominique Strauss-Kahn to head the IMF.
Sri Lanka spinner Muttiah Muralitharan took six wickets as Bangladesh were bowled out for 131 on the second morning of the third and final Test on Thursday. The start of play was delayed by rain but Sri Lanka still had time to finish off the Bangladesh innings, which resumed on 72 for four.
Housing Minister Lindiwe Sisulu handed over 10 houses at an ”innovation hub” in Soshanguve, Pretoria on Thursday. The project will afford people who have new innovations the opportunity to have their materials tested and, if approved, the materials are used to build dwellings.
South Africa’s manufacturing output rose by an unadjusted 6,6% in volume terms in the year to May, from a 3,8% rise in the previous month, data showed on Thursday. Compared with April, manufacturing production in volume terms increased by a seasonally adjusted 4,5%, Statistics South Africa said.
South African gold output rose by 1,3% year-on-year in May, the first increase in in nine months, while overall mining production rose by 0,8%, official data showed on Thursday. Gold output in South Africa, the world’s largest producer, showed an increase in volume terms for the first time since August 2006.
South Africa said on Thursday it suspended poultry imports from Germany in response to an outbreak of a lethal strain of bird flu on a farm in the European nation. The ban applies to live poultry, birds, meat and other products derived from poultry and birds, the Department of Agriculture said in a statement.
The impoverished African kingdom of Lesotho has declared an official food crisis after bad harvests left more than 400 000 people in need of food aid, a United Nations agency said. Close to 328 000 tonnes of cereals are now needed to feed hungry people in the country.
<i>Mail & Guardian</i> writers look at the best of the real-life dramas on show at this year’s Encounters South African Documentary Festival.
The Institute for Democracy in South Africa (Idasa) on Thursday recommitted itself to working for democracy throughout Africa. On the anniversary of the Dakar conference, the organisation is celebrating 20 years of democracy-building by affirming its commitment to work not only in South Africa, but in other parts of Africa.