South African phone utility Telkom, which the government plans to list by March, lifted annual earnings 17% to R1,915-billion on Monday.
Oil prices eased a little more on Thursday after a steep fall the day before on signs of reduced tension in the Middle East and weakness in US gasoline demand.
Iraq has military plans for the use of chemical and biological weapons, Britain said on Tuesday in a dossier of evidence about Iraq’s development of weapons of mass destruction.
South African Finance Minister Trevor Manuel said on Tuesday tax receipts for the year to March 2003 were likely to beat his budget forecast by 3,2% and promised further tax cuts in fiscal 2003/04.
More than 100 prisoners suspected of taking part in the 1994 Rwandan genocide were made to face the perpetrators and victims of the massacre in a dramatic public ceremony on Sunday in the southwestern town of Butare.
Mozambique wants rich nations to stop giving their farmers subsidies so that African food goods can can compete fairly on the world market.
Zimbabwe’s President Robert Mugabe plans to make service in his youth militia a prerequisite for high school graduates entering college or the job market.
The African Union will this week suggest that Madagascar delay a general election planned for December 15, a senior South African official said on Sunday.
The al-Qaida terrorist network has strengthened its operations in Europe in recent months and poses a tangible threat on the continent, German security experts say.
Israel said it was ready to make peace following US President George Bush’s Middle East policy speech on Monday, but only once the Palestinians stamp out ”terrorism” and start reforming their
leadership.