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23.08.19 - 18:02
UPDATE 2-South Africa to roll out sweeping health reform in stages (Reuters EN)
* Full implementation probably many years away (Adds detail, context)...
23.08.19 - 17:09
South Africa: Old Mutual Chair Trevor Manuel Breaks His Silence About Moyo Battle (AllAfrica)
[Daily Maverick] For the first time, Old Mutual board chair Trevor Manuel has spoken publicly about the dust-up between the insurer and axed CEO Peter Moyo, who was sacked again on 21 August....
23.08.19 - 16:33
Africa: Reversing the Growing Unemployment among Trained Graduates (AllAfrica)
[allAfrica] Recently, I watched the heartbreaking story of a 24-year-old Kevin Ochieng, a first class honors degree graduate, whose excellent academic performance did not secure him a decent job. He articulated well how he worked hard, excelled in ex...
23.08.19 - 12:20
South Africa: How Crowdfunding Captured the Hearts and Wallets of South Africans (AllAfrica)
[Daily Maverick] What happens when medical bills stack up or university tuition fees are due, and there's no government safety net to help you out? You ask friends, acquaintances and strangers for help. South Africans in this situation are increasin...
23.08.19 - 10:50
South Africa: A Spy Who Works ′Diligently′ Has Been Irregularly Employed At Embattled Prasa for a Year (AllAfrica)
[Daily Maverick] With a straight face, chief executive officer Nkosinathi Sishi assured the media that Prasa head of security Mandisa Mokwena had a valid employment contract. The chairman, Khanyisile Kweyama, agreed and backed him. But it was all a l...
23.08.19 - 10:14
South Africa: SABC Bailout - What Bailout? (AllAfrica)
[Daily Maverick] It seems that entities such as Eskom, SAA and Denel don't need to make any real reforms before they get massive bailouts. Yet not so with the SABC. If ever our government wanted a positive story around public institutions, the SABC ...
23.08.19 - 09:38
South Africa: Costs Are Dwarfing Retail Profits (AllAfrica)
[Daily Maverick] South Africa's big food and consumer goods retailers are in trouble and will remain in that position until costs come down or volumes go up....
23.08.19 - 09:26
South Africa: Country Close to ′Junk Status′ Rating By Three Agencies. What Would Follow? (AllAfrica)
[The Conversation Africa] The rating agency Fitch recently revised the outlook on South Africa's long-term foreign-currency issuer default rating down from "stable" to "negative". A credit rating outlook indicates the potential direction of the coun...
22.08.19 - 15:38
South Africa: Law Enforcement, Witnesses and Mckinsey - the Missing Factors in Eskom′s Pursuit of the Trillian Millions (AllAfrica)
[Daily Maverick] Wouldn't it be nice if someone in law enforcement could say: 'Let me have a look at that docket. What witness statements do we have? Dust off the bank records. Right, let's get those warrants.'...
22.08.19 - 15:30
Meet the first African designer to collaborate with H&M (Bloomberg)
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22.08.19 - 15:03
South African coal mining company Exxaro is planning "structural changes" to make the business more sustainable (Bloomberg)
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22.08.19 - 14:58
South Africa is looking to cut its government budget to try to contain debt after promising billions of rands to Eskom (Bloomberg)
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22.08.19 - 14:56
South Africa: Old Mutual′s Peter Moyo Fired a Second Time (AllAfrica)
[allAfrica] Cape Town -In response to a Old Mutual shareholder request for the board to finalize matters with CEO Peter Moyo, the insurer has fired him for the second time....
22.08.19 - 14:50
Africa: How Stunting Robs Economies of Potential Development (AllAfrica)
[allAfrica] Johannesburg -According to the World Health Organisation's Global Nutrition Targets 2025 report, the global prevalence of childhood stunting and the total number of stunted children less than 5 years of age are decreasing. Between 2000 a...
22.08.19 - 14:40
South Africa′s state-owned arms manufacturer, is tapping bond markets -- and finding buyers for its debt (Bloomberg)
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22.08.19 - 13:58
With increasing numbers of women becoming homeowners in South Africa, retailer Italtile is starting to make changes at its stores (Bloomberg)
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22.08.19 - 13:09
West African oil hits sweet spot as shipping upgrades to cleaner fuel (Reuters EN)
* IMO 2020 fuel rules aim to reduce pollution, improve health...
22.08.19 - 12:20
South Africa: Will IMF Bailout Rumours Kickstart Economic Reforms? (AllAfrica)
[allAfrica] Cape Town -The possibility of a bailout from the International Monetary Fund (IMF) may be the deciding factor in pushing South Africa's government to introduce the reforms necessary to boost the country's economy, Bloomberg reports....
22.08.19 - 12:12
Made in Africa - Freihandelsabkommen bietet Chancen für kleine Unternehmen (Aktiencheck)
Zürich (www.aktiencheck.de) - Abseits des Rampenlichts von weltwirtschaftlich prominenten Themen wie Brexit und Handelskonflikt haben 54 von 55 afrikanischen Ländern ein Freihandelsabkommen ratifiziert, berichten die Experten von BlueOrchard. Das Ab...
22.08.19 - 11:33
South Africa: Down On the Bayou, Sasol′s Mega-Project Sings the Blues (AllAfrica)
[Daily Maverick] Petrochemicals giant Sasol has got itself stuck in mud in the land of po boys, gators and the blues. South African companies often try to reduce exposure to domestic economic and political risk by diversifying overseas, but sometimes...
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