25-Jan-2020 to 18:22

S/African tycoon Motsepe appointed to WEF board

APA-Johannesburg (South Africa) — South African business tycoon, Patrice Motsepe, has been appointed to the board of trustees of the World Economic Forum (WEF), days after publicly flattering US President Donald Trump that “Africa loves you,” APA learnt on Saturday.

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21-Jan-2020 to 06:23

S/Africa: Qualifications a must to manage state firms – Ramaphosa

APA-Johannesburg (South Africa) — Candidates who are not “suitably qualified” to lead state firms like power supplier Eskom would no longer be appointed to manage such parastatals “even if they are politically-connected,” South African President Cyril Ramaphosa announced on Monday.

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20-Jan-2020 to 12:49

S/Africa is not dysfunctional – Ramaphosa

APA-Pretoria (South Africa) — President Cyril Ramaphosa on Monday said South Africa “is not a dysfunctional state” and that he has prioritised “the building of a capable state to cater for the needs of the citizenry – a task that cannot be done overnight.”

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20-Jan-2020 to 12:23

S/Africa’s apex bank slashes repo rate

APA-Pretoria (South Africa) — The Reserve Bank of South Africa has reduced the repo rate by 25 basis points to 6.25% in line with market expectations, APA learnt on Monday.

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16-Jan-2020 to 14:07

S/Africa appoints new board chair struggling power utility

APA-Pretoria (South Africa) — South Africa’s Eskom has a new interim board chairman in Malegapuru William Makgoba who replaces Jabu Mabuza, who resigned last week following his failure to end the troubled power utility’s mounting operational problems, APA learnt on Thursday.

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10-Jan-2020 to 12:52

S/Africa: Unions bay for minister's blood as power crisis bites

APA-Johannesburg (South Africa) — South African President Cyril Ramaphosa should “take urgent and decisive action” against Public Enterprises Minister Pravin Gordhan “for his failure to address problems at Eskom”, the country’s power supplier.

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08-Jan-2020 to 12:35

Sierra Leone: Anti-graft boss vows to pursue missing billions

APA-Freetown (Sierra Leone) — The head of Sierra Leone’s Anti-Corruption Commission (ACC) has vowed to ensure nothing is left unanswered with regards to missing billions as revealed in the latest Auditor General’s report.

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