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IAMGOLD, AngloGold Ashanti Close Mali Mine Sale

IAMGOLD (TSX: IMG) (NYSE: IAG) and joint venture partner AngloGold Ashanti announced Wednesday that they completed the sale of their collective interests in Société...

South Africa’s Rand Snaps Two-day Decline In Thin Trade Ahead Of Holidays

SOUTH Africa's rand firmed on Wednesday, ending a two-day losing streak, as risk demand trickled back after being battered by worries about a highly...

Xenophobia Surges As COVID-19 Slams South African Economy

AS the coronavirus outbreak has slammed the South African economy and pushed unemployment to a 17-year high, it’s awakened a recurrent social demon: xenophobia. Anti-immigrant...

South Africa’s Eskom Reports Small Half-year Profit

SOUTH African power company Eskom made a profit of 83 million rand ($5.5 million) in the six months to the end of September as...

South Africa Consumer Confidence Improves In Fourth Quarter As Restrictions Ease

SOUTH African consumers regained some confidence in the economy in the fourth quarter, a survey showed on Monday, as the country further eased restrictions...

Free Business Training Initiative Launches For SA Informal Micro-Enterprises

A REPORTED 9000 micro-enterprises in South Africa will be provided with free business and financial training. Established by Mastercard Centre for Inclusive Growth in partnership...

Barry Hore To Step Down As CEO of South Africa’s Discovery Bank

SOUTH Africa's biggest health insurer Discovery DSYJ.J said on Thursday Barry Hore would step down as chief executive officer of Discovery Bank and would...

MTN Plans Sale and Leaseback of South African Tower Portfolio

LONI PRINSLOO MTN Group Ltd. is looking to sell and lease back part of its portfolio of 13,000 South African telecom towers, a sign that...

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