South African billionaire Patrice Motsepe has added over R8bn ($742 million) to his $2.7 billion fortune after his R200m ($19 million) investment in Sanlam’s Ubuntu-Botho BEE deal in 2004 recently.
New Reserve Bank of Zimbabwe Governor Dr John Panonetsa Mangudya has the right qualifications and experience to lead the central bank, and his appointment inspires confidence in the market,.
Face masks incorporating satellite tracking and cough samplers are among the new technologies being tested to help researchers in South Africa try to control the epidemic of drug-resistant tuberculosis. Tuberculosis.
Of the 53 countries invited to participate in the 2014 Nuclear Security Summit that is taking place in The Hague today and tomorrow, six are from Africa. This is a.
Nigeria and Namibia have announced plans to jointly construct an oil refinery as both countries seek to maximise the cooperation in the area of energy. The two African countries made.
Kenya’s Lake Turkana Wind Power Project, which is meant to add an existing 300MW of reliable, low cost wind energy to the country’s national grid has reached a critical milestone,.
Zimbabwe’s multi-currency confusion and hyper-inflation, Zimbabwe must be the only place in the world to have eight currencies as legal tender – none of them its own. For the last.
Government has slashed salaries and perks for parastatal and local authorities’ bosses to US$6 000 monthly, pending finalisation of a comprehensive salary structure being crafted by the Cabinet Committee on.
In West Africa, the Malian and Ivorian political crises have resulted in the biggest number of refugees in the region. But brewing insecurity could mean that they will be unable.
The recent visit of Africa’s richest man, Aliko Dangote to Jeddah, west of Saudi Arabia will result in a partnership between Islamic Development Bank (IDB) and Dangote Group aimed at.
