China Development Bank

The new plant can’t meet World Bank’s loan conditions or sulphur emissions limits

South Africa’s power utility has become a bottomless pit of expenses; it’s debatable whether it can feasibly ever be saved

The South African government has begun thinking of implementing a new model of funding the Industrial Development Corporation, namely cash injections.

Zimbabwe and China on Monday signed a raft of agreements worth $585-million aimed at reviving the southern African country.

South African banking group FirstRand on Friday said it was not in talks with a Chinese bank over selling a stake. ”We are not in discussions with a Chinese bank,” FirstRand…