05-Feb-2020 to 14:06

Ramaphosa orders probe of finance ministry, airline, power utility

APA-Pretoria (South Africa) — President Cyril Ramaphosa has authorised South Africa’s Special Investigating Unit (SIU) to probe the affairs of the embattled South African Airways (SAA), finance ministry and power utility Eskom as he steps up the war on corruption, APA learnt on Wednesday.

Read more

03-Feb-2020 to 15:04

Botswana anchors budget on knowledge-based economy

APA-Gaborone (Botswana) — Botswana’s economic transformation from a middle class to high-income status will commence with the 2020/21 budget and continue to be perfected in the long run, Finance Minister Thapelo Matsheka announced on Monday.

Read more

31-Jan-2020 to 15:07

Mauritania to investigate former president over alleged abuse of power

APA - Nouakchott (Mauritania) — The vice-Speaker of the Mauritanian National Assembly, Hamadi Ould Meimou, has announced the setting up of a parliamentary commission to look into the management of the country’s former president, Mohamed Ould Abdel Aziz (2009 - 2019).

Read more

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.

Read more

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.

Read more

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