Fitch Ratings has affirmed SA's credit rating of junk status, warning of low growth and 'sizeable government debt'.Fitch kept SA's rating at BB+ with a stable outlook, as expected, after a host of mee...
THE Southern African Power Pool (SAPP) will construct a new facility in Zimbabwe to expand its existing home and cater for increased staff after getting a new mandate from its 12-member electricity pr...
South Africa's former leader Jacob Zuma is impeding a crackdown on corruption by the ruling African National Congress (ANC) under President Cyril Ramaphosa, the head of the communist party said.The AN...
African Development Bank Group (AfDB) president Akinwumi Adesina has said State-led industrialisation will drive millions out of poverty, as the bank announced a $35 billion investment over 10 years t...
ZIMBABWE and South Africa last week launched a multi-disciplinary joint crime-busting operation targeting cross-border criminals.The operation, code-named Cross-border Operation Basadi (basadi means w...
THE African Continental Free Trade Area (AfCFTA) will give countries like Zimbabwe a wider market to export goods, an expert has said, discounting concerns the economy would be overrun by its biggest ...
NAMIBIA Justice minister Sekeuse Shanghala has jumped to the defence of former Bulawayo High Court judge, Justice Maphios Cheda, who is under fire from local pressure groups for allegedly grabbing lan...
Responsible investment in Africa continues to rise. According to the latest data from the 2017 African Investing for Impact Barometer (AIFIB), there has been an increase in investments on the continen...
Anil Agarwal, the Chairman of Vedanta Resources Plc, today outlined a Path to Growth for the Konkola Copper Mines (KCM), a Zambian subsidiary of the diversified global mining and resources company. Th...
Australian Minister of Home Affairs Peter Dutton on Wednesday said his department is looking into methods that would facilitate the fast-tracking of visas for white South African farmers who want to r...
Mary Vilakazi, MMI's deputy chief executive and group finance director, has quit the group and joined FirstRand Limited.The resignation was announced by MMI's interim CEO, Hillie Meyer, in an internal...
MDC-T has recalled Harare mayor Councillor Bernard Manyenyeni for allegedly failing to implement party directives at the cash-strapped local authority.Clr Manyenyeni will, however, continue as Ward 17...
Zimbabwe and Botswana have agreed to establish a Bi-National Commission (BNC) to be convened at heads of state and government level, a step that is expected to enhance bilateral cooperation across al...
THE Common Market for Eastern and Southern Africa (Comesa) has started hunting for a candidate to replace the secretary-general, Mr Sindiso Ngwenya, whose tenure expires later this year.Mr Ngwenya, a ...
SPIRIT mediums and traditional leaders yesterday led a cleansing ceremony at Lesbury farm in Rusape as Robert Smart and his family made a grand return to the farm over six months after they were evic...
STAKEHOLDERS in port management and policymakers in Africa are exploring ways to reshape policy and harness benefits that accrue from maximising the comparative advantages of landlocked countries.Part...
The improved electricity generation in southern Africa is a welcome development for the region as energy supply is a key enabler for industrialisation.Energy shortages experienced over the past few ye...
Zimbabwe and Zambia are close to finalising a bilateral agreement that will result in the establishment of a One-Stop Boarder Post (OSBP) in Victoria Falls, a senior Government official said on Monday...
Global ratings agency Moody's has placed a number of major South African cities and municipalities, banks, businesses and insurance groups on review for downgrade, after it did so for the country's so...
Global ratings agency S&P Global Ratings on Friday evening downgraded South Africa's long-term local currency rating to 'BB+', or junk, from 'BBB-' with a stable outlook, while Moody's has placed ...
COUNTRIES in East and Southern Africa have been urged to fully embrace the Yellow Card scheme, which seeks to provide third-party insurance cover to motorists as part of measures to facilitate intra-r...
THE JOHANNESBURG Stoch Exchange has been hit by a technical glitch on the Equity Market and also on the Equity Derivatives Market.In a statement to its clients, the JSE said it was dealing with a pro...
SOUTH Africa has started accepting new applications for permits that would allow Zimbabweans to stay in the neighbouring country for the next four years.The Zimbabwean Exemption Permit (ZEP) replaces ...
South Africa's central bank is expected to cut its benchmark interest rate by another 25 basis points next week, taking it to 6,50 percent, as inflation is considered likely to moderate, a Reuters pol...
The South African government has announced new regulations for the new four-year, non-renewable permit for nearly 200 000 Zimbabweans working and studying in South Africa.The new permits, known as the...
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