* Gross debt seen rising, Mboweni warns of debt trap
(Adds more details, analysts comments)
JOHANNESBURG A row within South Africa's African National Congress (ANC) about the role of the central bank has unnerved investors and exposed deep divisions in the governing party.
JOHANNESBURG/LONDON A row within South Africa's ruling African National Congress (ANC) party about the role of the country's central bank is unnerving investors because it is being driven by bitter factional battles rather than sober policy debate.
JOHANNESBURG President Cyril Ramaphosa's mission to fix two of South Africa's most troubled state companies, power firm Eskom and South African Airways (SAA), could take longer than planned after their chief executives quit within a week of each other. | Video
JOHANNESBURG, June 4 President Cyril Ramaphosa's
mission to fix two of South Africa's most troubled state
companies, power firm Eskom and South African Airways (SAA),
could take longer than planned after their chief executives quit
within a week of each other.
* Cuts 2019 growth outlook again
(Adds further details, new MPC member, Eskom)
JOHANNESBURG Boosting South African growth and overhauling bloated power firm Eskom are post-election priorities for the African National Congress, but a reduced majority may force President Cyril Ramaphosa to compromise on those and other economic reforms.
MAPUTO, May 3 The World Bank plans to boost
lending to African countries to help fight poverty, the bank's
new president said on Friday after touring three sub-Saharan
BETHLEHEM, South Africa After a decade of living in a tiny corrugated iron shack, Nyani Moloi was ecstatic when she was handed the keys to a two-bedroom brick house built by the government. | Video
MAPUTO The World Bank has increased emergency support for the three southern African countries affected by a devastating cyclone that killed hundreds in March to $700 million (£538.3 million), the lender said on Friday.