South Africa: Latest News
Dana Sanchez, 1:33 pm
A two-day strike at South Africa’s platinum mines over looming job cuts ended Wednesday, with mine workers returning to work. Violence among mine workers erupted last year, complicated by a turf war between rival unions. Miners face job cuts.
Dana Sanchez, 9:52 pm
The value of the rand was dragged down against the dollar to a three week low Wednesday as striking mine workers halted production at the world’s third-largest platinum mining company.
Dana Sanchez, 5:31 pm
Following March’s peaceful general elections in Kenya, tourism officials there are asking their African counterparts to sell Kenyan tourism as “safe.”
Dana Sanchez, 4:12 pm
South Africa plans to to open new tourism offices in Africa, increase marketing around the world and calls for greater co-operation with other African tourism interests to strengthen travel by Africans in Africa.
Makula Dunbar, 2:11 pm
Developers, banks take notice of younger home buyers using the Internet to search for homes and apply for bonds. Listing and reference tools are being made technology friendly
Dana Sanchez, 1:52 pm
As a growing middle class and its spending power hasten urbanization in Africa, urban retailers increasingly need efficient distribution facilities or warehouses to store their merchandise.
The growing middle class and its spending power are hastening urbanization in Africa, and retailers need places to store their merchandise
Dana Sanchez, 5:47 pm
Hoping to address fuel inefficiency and fleet replacement, the troubled South African Airways is acquiring 20 Airbus A320 aircraft for R10 billion ($1.1 billion) starting in July.
Keren Mikva, 5:38 pm
As the economy begins to bounce back, more investors are on the look-out for exciting opportunities around the globe. Some may be heading to new territory. With a reputation for political instability, many countries in Africa have not seen the type of investment one might expect for the second-fastest growing economy in the world. Even […]
South African Tourism Department Wants Budget Resort Chain To Make Travel Accessible To ‘Ordinary South Africans’By Dana Sanchez, 3:32 pm
The South African Department of Tourism hopes to bolster job creation and alleviate poverty by developing underused state assets and properties into tourist attractions. It has commissioned a feasibility study for a pilot budget resort chain with the goal of making domestic tourism more accessible to ordinary South Africans
Dana Sanchez, 2:57 pm
Mining strikes in South Africa could hasten what appears to be a potential downgrade for South Africa by rating agency Standard & Poor’s, a London analyst said.
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