South African
NIPC: Shoprite move an opportunity for Nigerian investors
The announcement by Shoprite Holdings Limited, the South African supermarket chain operator, of a formal process to consider the potential sale of all or a majority stake in its Retail Supermarkets Nigeria Limited may be an opporunity for Nigerian investors, the Nigerian Investment Promotion Commission (NIPC) has said. The post NIPC: Shoprite move an opportunity for Nigerian investors appeared first on TODAY. You Deserve to Make Money Even When you are looking for Dates Online. So we reimagined what a dating should be. It begins with giving you back power. Get to meet Beautiful people, chat and make money in the process. Earn rewards by chatting, sharing photos, blogging and help give users back their fair share of Internet revenue.
OECD: South Africa economy could contract 8.2% if second coronavirus wave hits
South Africa’s economy could contract 8.2% this year, and grow just 0.6% in 2021, if a second wave of COVID-19 cases hits the country and its main trading partners, the OECD said on Friday. If a second wave of infections is avoided, the economy will contract 7.5% in 2020 before rebounding 2.5% next year, the OECD said in a report on Africa’s most industrialised economy. South Africa was in recession before the pandemic struck, with recurring power cuts by struggling state utility Eskom and weak business confidence dampening economic activity. President Cyril Ramaphosa’s government has promised to fast-track reforms to raise economic growth potential, but some investors are becoming restless about the pace of change. “South Africa cannot afford to delay reforms. It is essential to undertake...
South Africa Super Rugby teams back in training on Monday
South Africa’s Super Rugby franchises will be allowed to start training next week, officials confirmed on Friday, a step closer to a return to the playing field after a frustrating four months. The game has been suspended in the country since March due to the COVID-19 pandemic, with South African Rugby having to sit idle as domestic competitions took flight in New Zealand and Australia. “This is an important first step back to playing, and we have taken it carefully to ensure full compliance and having thoroughly interrogated the regulations with government,” SA Rugby chief executive Jurie Roux said in a statement. “Contact training will not be permitted for the moment but the players will be allowed back onto the field with a rugby ball and back into the gym – while observing strict proto...
Former South African president withdraws from US rights talk
South Africa’s last apartheid president, F.W. de Klerk, has withdrawn from a U.S. seminar about minority rights because he did not want to embarrass himself or his hosts in the current charged racial climate, his foundation said on Sunday. De Klerk, who was the head of South Africa’s white minority government until 1994, was scheduled to speak on July 1 at an American Bar Association (ABA) virtual event on issues such as minority rights, racism and the rule of law. But his participation unleashed a barrage of criticism from South African opposition parties and activists who called on ABA to cancel De Klerk’s attendance given his role in the apartheid-era security apparatus. “The allegation that De Klerk was involved in gross violations of human rights is baseless,” the F.W. de Klerk founda...
South Africa’s mass testing hits limits as virus spreads
With an expert flick of the wrist, South African nurse Bhelekazi Mdlalose collected throat swabs from young men lining up for coronavirus testing at a run-down hostel in downtown Johannesburg. Health workers were sent to the overcrowded block of single-room flats — mainly occupied by men from rural areas doing odd jobs in the city — as part of a mass community screening and testing (CST) campaign launched by the government last month. Mdlalose, who is employed by Doctors Without Borders (MSF), left her family and usual job in the northwestern town of Rustenberg in March to support community work in Johannesburg. Aged 51, she trains government health workers to handle suspected coronavirus patients correctly, checking in on CST teams deployed to townships, offices and shopping malls. “We id...
Lesotho records first coronavirus case
Lesotho recorded its first case of COVID-19 on Wednesday, the health ministry said, becoming the last country in southern and East Africa to be afflicted by the virus. The ministry said it had conducted 81 tests for COVID-19 from travellers from South Africa and Saudi Arabia, of which one was positive. The remote, high-altitude kingdom, nestled in a South African mountain range, had previously been spared the coronavirus, although its bigger, more industrialised neighbour has recorded more than 10,000 cases. The disease has struck at a time of political uncertainty in Lesotho, with embattled Prime Minister Thomas Thabane due to step down by the end of next week after his coalition collapsed in parliament. His exit would clear the way for a solution to a political crisis that erupted late l...
South African Airways to continue honouring flight obligations
South African Airways has announced that it will continue to honour its flight obligations to cargo and evacuation flight customers all through this month. This is despite the clash in the expectations of the way forward for the ailing airlines which is already under business rescue. In a statement, the airline says while the disputes are being ironed out ,evacuee passenger and cargo flights will continue all through May on a charter basis. A meeting between public enterprises minister Pravin Gordhan and the business rescue practitioners are meeting today to chart the way forward. Earlier it was announced that May 8 (today) will be the last day of operations for the airline. South Africa Airways which was last run profitably in 2011, has been under business rescue since early this year aft...
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