South Africa: Latest News
Rebekah Kendal, 4:11 pm
While the rest of South Africa shivers through winter, KwaZulu-Natal’s Dolphin Coast enjoys balmy temperatures. From the Tongaat River to the Tugela River mouth, this is the perfect destination for relaxing with a fishing pole, or for more adrenalin-pumping outdoors activities. A 15-minute drive from King Shaka International Airport, fast-growing Ballito is an ideal base to explore the Dolphin Coast. A surf camp close to Shaka’s Rock Beach offers accommodation for surfers and surfing safaris to the best spots along the coast.
Dana Sanchez, 2:42 pm
Five candidates for the top African Union job will face off Friday in a first-ever televised debate. African citizens will get to ask the candidates questions via social media about their vision for the continent. The A.U. hopes the debate will popularize it. Does the A.U. need to be popularized? Some consider A.U. support of withdrawal from the International Criminal Court as dangerous for Africa. The public won’t actually be voting for the next A.U. chairperson, but as the institution evolves, maybe one day that will happen.
Kevin Mwanza, 6:05 am
Johannesburg-based startup, Onyx Connect, is set to become the first firm on in Africa to manufacture smartphones when its starts rolling out its phones in the first quarter of 2017 to capitalize on the rich African market where high prices have been a major hurdle to handset ownership. The firm, with a $10.5 million in funding, will produce the handsets under a licensing deal with American tech giant, Google.
Peter Pedroncelli, 10:53 am AFKI Original
Few entrepreneurs can come back from defeat to create and grow the biggest advertising agency on the African continent, star in two reality television shows and claim to be among the best dressed men in business, but that seems to come naturally to South African entrepreneur Gil Oved.
Peter Pedroncelli, 6:26 am
South African Wayde van Niekerk said that he was delighted with his 2016 season, after being shortlisted among the finalists for the International Association of Athletics Federations Male World Athlete of the Year award. The accolade was given to Jamaican sprinter Usain Bolt at a gala function in Monaco by the athletics world body.
Tom Jackson, 4:20 am AFKI Original
The majority of African cities are striving to be tech hubs. From Cairo to Accra, Lagos to Nairobi, Cape Town to Johannesburg, cities are striving to emulate Silicon Valley as tech hubs. Nairobi’s iHub launched with government support, and the Enterprise Kenya initiative is designed to assist local startups. In Lagos, the presidency has offered backing to tech startups, and there are a myriad of hubs.
Peter Pedroncelli, 1:34 am AFKI Original
South Africa’s Springbok Sevens side were crowned the Emirates Airline Dubai Seven winners with a deserved 26-14 victory over Olympic and World Series champions Fiji in the final over the weekend. The Springboks have endured a disappointing season on the world stage, but the sevens side remains a point of pride, with the Olympic bronze medallists consistently performing to a high standard.
Staff, 12:02 am
One aspect of U.S. military operations in Africa that remains vastly under-covered and unappreciated is the role of private military and security contractors. Private military and security contractors are the U.S. military’s American Express card. It dare not deploy overseas without them. This is nowhere truer than in Africa. It is fitting that modern private military and security contractors should be operating in Africa. After all, Africa gave rise to much of the industry. The pioneer in the field was the South Africa-based Executive Outcomes, which shut down in 1998.
Dana Sanchez, 2:50 pm
London-based discount airline Fastjet is seeking another injection of capital and trying to stabilize its business by cutting unprofitable routes. It’s hoping to add internal South African flights — a crowded market but one it said it can’t ignore. Fastjet was engaged in a price war with Kenya Airways. Now it’s cutting routes. Traded on the London Stock Exchange, Fastjet wants to be the first pan-African low-cost carrier, but has not made a profit since its 2012 inception. A new, sooner-than-expected capital raising effort in the first quarter of 2017 prompted Fastjet Chairman Colin Child’s resignation.
Kevin Mwanza, 6:47 am
South Africa, the biggest economy on the continent, could slip into junk rating due to political instability that has led to a weakened rand and slowed growth, according to Fitch Ratings Ltd who forecast the economy to grow by less than three percent in the next two years. The country’s debt to Gross Domestic Product (GDP) is 44 percent, while the rand and stocks took a hit last week, further increasing the country’s debt.
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