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Southern Africa - Top News

  • December 2
  • Business Day South Africa: Situation Worsens for Nokeng Residents

    NEARLY six months after it was razed by locals in protest against corruption, the municipal government building in Refilwe, Gauteng, remains a chaos of rubble and charred office equipment.

  • Business Day South Africa: Questions for the Heart After a Year of Changes [opinion]

    THIS year was, by any measure, a dramatic one in SA's modern political history. We witnessed a most vigorous political campaign; the formation of the Congress of the People (COPE), a breakaway from the African National Congress (ANC), added political complexity and energised the democratic space. And South Africans did not disappoint. Confounding the prophets of doom, South Africans came out in ...

  • Business Day South Africa: The Bottom Line - Will Anglo Be Odd Man Out in De Beers Issue? [column]

    THE agreement in principle by three De Beers shareholders to pursue their rights may simply be a negotiating tactic in order to get better terms from creditors, but it does create something of a poser for Anglo American. It would be surprising if the Botswana government and the Oppenheimer family decided against following their rights in the proposed 1bn issue. Both are more or less joined at the ...

  • Business Day South Africa: Left in the Dark, Public Could Pay Heavy Price for Decades [opinion]

    PICKING holes in the governance of electricity supply, and energy policy more generally, is like shooting fish in a barrel. Whether it is the development and sequencing of key policy documents, the absence of proper stakeholder consultation, leadership failure, or the lack of clarity about intragovernmental roles and responsibilities, there are more hooks on which to hang a public debate than in a ...

  • Business Day South Africa: Stella Vista Misses 2010 Contracts

    STELLA Vista Technologies has not escaped the economic crisis, which was reflected in its annual results, released yesterday, showing an 18% drop in revenue.

  • Business Day South Africa: Imperial's Operations Under Pressure Due to Subdued Trading Conditions

    IMPERIAL cautioned yesterday that trading conditions remained "subdued", underscoring the gloomy sentiment of its corporate peers such as Bidvest.

  • Business Day South Africa: Sasol to Invest R8,4 Billion in Wax Project

    PETROCHEMICALS group Sasol would spend R8,4bn in an investment to double its production of hard wax in SA, the company said yesterday.

  • Business Day South Africa: Victor Chandler to Set Up Shop in the Country

    INTERNATIONAL betting group Victor Chandler is to set up shop in SA early next year after the Western Cape Gambling and Betting Board granted it a licence.

  • Business Day South Africa: Mustek Takes Hp to Competition Watchdog

    LOCAL computer maker Mustek is challenging its far larger international rival HP by lodging a complaint with the Competition Commission for pricing practices that allegedly contravene the Competitions Act.

  • Business Day South Africa: African Dawn Gets Qualified Audit Report

    AILING AltX-listed microlender African Dawn Capital 's auditors have qualified its half-year results and warned that liquidity pressures constituted a "material uncertainty" that "may cast doubt on the ability of the group to continue as a going concern".

  • Business Day South Africa: Raubex Requires More Well-Defined Objectives [column]

    ABOUT a fortnight ago, I received an e-mail from a reader asking me why I had ignored the results of Raubex Group for the half-year ended August 31 and which had been published on November 9.

  • Business Day South Africa: De Beers May Raise One Billion in Rights Issue

    DE BEERS could be recapitalised with fresh funds of up to 1bn, with its shareholders agreeing "in principle" to reinvest in the diamond company through a rights offer.

  • Business Day South Africa: ARB Buys Paragon Electrical As It Targets More State Contracts

    JSE-listed electrical equipment company ARB Holdings has acquired Paragon Electrical for R30m as part of its growth and development strategy to increase its footprint in Gauteng.

  • Business Day South Africa: Lower Rates Credited for Positive Turn in House Price Index

    THE effects of lower interest rates are slowly filtering through into house prices, with the First National Bank (FNB) house price index turning positive last month for the first time in a year.

  • Business Day South Africa: Lawyers Defy Name Change Threat

    A ROW is brewing between the Law Society of the Northern Provinces and law firm Routledge Modise over the firm's decision to practise under the name Eversheds.

  • Business Day South Africa: Parreira's Loyalty is to Brazil - Not Bafana Bafana [opinion]

    HOW would the Irish have reacted if Gert Smal had gushed like a lovelorn puppy and waxed lyrically about the Springboks ahead of the Test match between his native SA and Ireland at the weekend?

  • Business Day South Africa: Discovery Makes Early Move Into China

    DISCOVERY Holdings is the latest South African company to venture into China and it aims to capitalise on a small, private healthcare system there.

  • Business Day South Africa: Campaign to Get More Time for Broadcast Bill

    MEDIA Monitoring Africa, a media policy watchdog, yesterday launched a campaign on its website calling for the public to petition the director- general of the Department of Communications, Mamodupi Mohlala, to allow more time to comment on the controversial Public Service Broadcast Bill, which it says will fundamentally change broadcasting.

  • Business Day South Africa: Nzimande's Funding View 'Problematic'

    The Democratic Alliance (DA) has criticised the view of Higher Education Minister Blade Nzimande that the government allocated too much to "rich former white universities" at the expense of their historically disadvantaged counterparts as "fundamentally flawed and deeply problematic".

  • Business Day South Africa: Small Rise in Output Highlights Fragility of Recovery

    FACTORY output rose last month for the first time in one- and-a-half years, a key industry survey showed yesterday, but the rebound was small, highlighting the fragility of SA's economic recovery.

  • Business Day South Africa: Zuma Unveils New Push to Fight HIV/Aids

    President Jacob Zuma yesterday announced a raft of policy changes to provide HIV treatment to some groups of patients earlier in the course of their disease, taking SA a step closer to new guidelines issued by the World Health Organisation earlier this week.

  • Namibian Namibia: Chairs Needed At Polls

    ELDERLY voters in the Omusati Region have called on the Electoral Commission of Namibia (ECN) to provide seating to old people in future elections, because they cannot stand for a long time.

  • Namibian Namibia: Rainfall Figures Dismal

    WITH below-average rainfall predicted for this season, Windhoekers have welcomed the recent cloud cover, especially over the weekend, that has brought some respite from the heat and a few drops to combat the dust.

  • Business Day South Africa: Anglo American Appoints Gomwe to Key SA Post

    GODFREY Gomwe, who was recently Anglo American Africa Group business development head, has been appointed executive director of Anglo American SA, a new position in the group.

  • Business Day South Africa: Act Riles Second-Hand Book Dealers

    SECOND-hand book dealers are protesting that the speaker of the National Assembly, Max Sisulu, has turned a deaf ear to their complaint that incorrect procedures followed by the portfolio committee on safety and security resulted in second-hand books being erroneously included in the Second-Hand Goods Act.




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