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.”

Read more

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.

Read more

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.

Read more

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.

Read more

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.

Read more

07-Jan-2020 to 15:09

Ghana's new Chief Justice makes anti-corruption vow

APA-Accra (Ghana) — Ghana's newly sworn in Chief Justice, Justice Kwasi Anin Yeboah on Tuesday vowed to tackle corruption which is generally perceived to be rife in the country's judicial service.

Read more

07-Jan-2020 to 14:51

S/Africa: Ex-reserve bank official to head Absa Group

APA-Johannesburg (South Africa) — Former Reserve Bank of South Africa (SARB) deputy governor Daniel Mminele has been appointed as the new group chief executive officer of the Absa Group with effect from 15 January 2020, the financial services group’s board chairperson Wendy Lucas-Bull announced on Tuesday.

Read more