Edition:
United Kingdom

Wendell Roelf

UPDATE 6-South Africa tries to contain "Afrophobia" fallout as riots upstage summit

05 Sep 2019

* Ministers say South Africa working to tackle problem (Adds Ramaphosa, analyst)

Nigeria boycotts Africa economic summit over anti-foreign riots

04 Sep 2019

CAPE TOWN Nigeria said on Wednesday it would boycott an Africa economic summit in Cape Town, intensifying a diplomatic row after a series of deadly attacks on foreigners in South African cities.

Zimbabwe plans talks on foreign debt arrears in early 2020: finance minister

04 Sep 2019

CAPE TOWN Zimbabwe plans to start talks in early 2020 on clearing arrears on its international debt, Finance Minister Mthuli Ncube said, as it seeks to rebuild confidence in an economy ravaged by high inflation and shortages of hard currency and basic goods.

South Africa's Eskom may need more bailouts if funding plan fails

28 Aug 2019

CAPE TOWN The South African government may be forced to inject more money into state power firm Eskom by the end of March if the struggling utility fails to meet its borrowing plan, a Treasury official told parliament on Wednesday.

South Africa's Ramaphosa calls for discussion on utilising pension funds for projects

22 Aug 2019

CAPE TOWN, Aug 22 South Africa should discuss using worker pension funds to finance development and infrastructure projects, a proposal that has the backing of the country's largest labour federation, President Cyril Ramaphosa said on Thursday.

Steinhoff's 'only way to survive' - slim down, sell assets

13 Aug 2019

CAPE TOWN Scandal-hit Steinhoff's only hope for survival is to sell off assets to become a retail-focused holding company, it said on Tuesday, as it fights to recover from a $7 billion (£5.8 billion) accounting fraud and share price crash.

South Africa sees new LNG import terminal ready by 2024

25 Jul 2019

CAPE TOWN, July 25 State-owned freight logistics firm Transnet plans to launch a tender next year for South Africa's first terminal to import liquefied natural gas (LNG) at Richards Bay port, with first gas expected to land in 2024, a senior official said on Thursday.

Far from Cape Town tourist sites, a gangland battle rages

23 Jul 2019

CAPE TOWN Convoys of armoured vehicles and soldiers with assault rifles are patrolling gang-ridden streets in some suburbs of Cape Town as authorities seek to quell escalating violence that has killed hundreds of people this year. | Video

South Africa to deploy army to quell violent crime in Cape Town

12 Jul 2019

CAPE TOWN South Africa will shortly deploy a battalion of soldiers to help police quell a surge in violence in gang-infested parts of Cape Town, a step normally only taken over the Christmas and New Year period when crime spikes in the city's poorer neighborhoods.

Pfizer, Sanofi, to boost South African Biovac's vaccine output

02 Jul 2019

CAPE TOWN South Africa's Biovac Institute will start local production of Sanofi's Hexaxim vaccine next year and Pfizer's anti-pneumonia Prevnar 13 vaccine in 2021, boosting supply of life-saving drugs in its main market, its CEO said.

World News

Israel's Netanyahu teetering in close election race

Israel's election remained too close to call Wednesday morning, with television stations carrying unofficial results showing Prime Minister Benjamin Netanyahu tied with his main rival, former military chief Benny Gantz.