Browsing: southern africa business

Stocks are rising because local investors are desperate to hedge against inflation

This is the largest foreign direct investment in the history of our country – President Filipe Nyusi

Zimbabwe has since used US dollars, the South African rand and, in recent years, two local quasi-currencies.

KCM is in a deepening dispute with foreign mining companies over tax and employment

SA’s GDP contracted by 3.2 percent in the first three months of the year compared with the previous quarter

The state-owned airline has not turned a profit since 2011

The funds will be earmarked to rebuild infrastructure and support social needs and economic production in affected areas

Anger over fuel and medicine shortages triggered violent street protests in January

Telkom, which runs South Africa’s biggest fixed-line telecom network, had 15,296 permanent jobs on March 31

Slape will begin from the first day of the month following the approval date, Massmart said in a statement.