Shareholders in South African mining group Gencor (GMF) on Friday approved resolutions authorising the unbundling of its shareholding in Impala Platinum Holdings Limited (Implats IMP).
Even though a MacDonald’s Big Mac burger now costs $1,91 in South Africa, that is still almost 30% below what a Big Mac costs in America, namely $2,71.
The system works. The conviction of Winnie Madikizela-Mandela, African National Congress MP, Women’s League president and national executive committee member, shows that the criminal justice system will convict even the politically most powerful.
What if all of us swapped roles on Freedom Day and found ourselves in the boots of those we have made a career out of rebuking? Would we make different choices from those now in power?
Gencor shareholders met on Friday to vote on a resolution that would conclude a drawn-out unbundling process that could prove the end of the road for the strategic investment holdings company.
A group of 54 Mpumalanga families will have much to celebrate this weekend when the land claims commission returns land they lost during apartheid.
London-listed South African resources group Anglo American plc (AGL) said on Friday that the strength of the South African currency would make it very challenging to sustain its record 2002 performance.
South African President Thabo Mbeki said on Friday that the recent Nigerian presidential elections were by and large "well conducted" says.
Despite receiving a number of objections from the industry to the proposed acquisition of products by The Coca-Cola Company (TCCC) from Appletiser South Africa (Pty) Ltd, the Competition Commission has approved the intermediate transaction without conditions.
The Congress of South African Trade Unions (Cosatu) on Thursday condemned the South African Reserve Bank’s role in what it calls "overvaluing the rand".
While typical international experience has shown that a successful tax amnesty could bring in about 10% of all offshore funds, Germany, which is also considering an amnesty, has said about a third of its estimated flight capital could be repatriated.
Addressing a gathering of the continent’s editors in Johannesburg earlier this month, President Thabo Mbeki delivered a caustic analysis of the state of Africa’s media. But these shortcomings are by no means a reflection of the ineptitude of Africa’s journalists.
South Africa’s insurers can expect to experience difficult sales conditions over the near-term as they encounter negative sentiment from investors who have seen very poor returns — less than 5% in most cases — on their maturing policies.
Chain Vilakazi, the co-accused in the property scandal involving dismissed Spoornet CEO Zandile Jakavula, has resigned from the parastatal — allegedly after new charges of irregularities were brought against him.
South African banking group Standard bank (SBK) has entered into a working relationship with the Eastern Cape Department of Social Development in order to ensure safer and more convenient social grant payouts in the province.
Mulalo Nemavhandu, the man hired to tackle corruption within the Gauteng Department of Social Service and Population Development, has been thrown out of his job as programme manager for poverty relief.
South African telecommunications parastatal Telkom (TKG) CEO Sizwe Nxasana has announced the resignation of Victor Moche as Telkom group executive for regulatory and public policy, effective at the end of April, in order to take up the position of CEO of government-owned defence group Denel.
The central committee of the Congress of South African Trade Unions (Cosatu) on Thursday resolved that the federation and its affiliates should embark on a systematic organisational review process.
Nearly R900-million was earmarked in donor funds from a variety of sources to fight Aids in South Africa during the next five years, says Health Minister Manto Tshalabala-Msimang.
Swaziland’s Information Minister Abednego Ntshangase says his government was stung by recent criticism from South African President Thabo Mbeki and others about the Swazi government’s censoring of the state media.
The paucity of employment growth remains an intractable problem facing policymakers in South Africa," says the latest Quarterly Bulletin of the South African Reserve Bank.
The South African government was expecting the work of a task team considering the cost and viability of providing antiretroviral treatment to persons suffering from HIV/Aids to be completed by the end of the month.
The failure of Swaziland’s pro-democracy movement to mount a major anti-government protest this week as promised, has political observers wondering whether the domestic opposition has the muscle to effectively promote political reform.
South African fast food retailer Steers Holdings has acquired the business of Creative Coffee Franchise Systems, the franchisor of a range of coffee shops operating under the brand names House of Coffees Coffee Shops, ESP, The Illy Boutique and Brazilian Coffee Shops.
Dolly Mokgatle, Managing Director (Eskom Transmission) has been appointed Chief Executive Officer of South Africa rail parastatal Spoornet.
The end is nigh … of the war, that is. An expensive escapade that was supposed to be over as soon as it began has dragged on for 10 days short of a month, terminating armed foes, civilians and journalists with equally extreme prejudice.
Four years ago they started the war in the Democratic Republic of Congo (DRC) by invading that country to overthrow president Laurent Kabila. Now that Rwanda and Uganda have fallen out they seem bent on keeping alive a conflict that has already cost more than two million lives.
Opposition group the People’s United Democratic Movement (Pudemo) on Monday threatened to intensify a political campaign against the Swazi government if it failed to meet its demands within seven days.
Pam Golding Properties (PGP), South Africa’s largest residential property sales company by turnover, has recorded record annual sales of R6,521-billion rand for the financial year.
Mutating: Scientists in California have provided the first detailed look at how human antibodies may drive HIV to mutate. The findings, reported last month in the Proceedings of the National Academy of Sciences in the United States, may be key to efforts to develop an effective Aids vaccine.
Evidence suggesting continuing high-level corruption and mismanagement at the Road Accident Fund (RAF) has emerged from a forensic investigation into the activities of three senior managers.
Gross domestic product (GDP) growth could disappoint on both a global and South African level, Martin Jankelowitz, head of market and economic research at Investment Solutions wrote in his April commentary.