South Africa: Latest News
Peter Pedroncelli, 4:05 am
South Africa has reaffirmed their commitment to hosting the 2022 Commonwealth Games in the coastal city of Durban, despite failing to adhere to certain key deadlines this week. Durban was officially chosen as the host for the 2022 Commonwealth Games at the Federation’s general assembly in New Zealand this April.
Peter Pedroncelli, 7:00 am AFKI Original
South Africa has become a popular location for movies and television shows to be filmed in, but there are also many international music videos that have been shot in the rainbow nation, with Canadian rapper Drake recently shooting his yet unreleased music video in the country. From The Script to Jonas Blue, below are 12 international music videos which were shot in South Africa.
Dana Sanchez, 1:39 pm
There is a gap for hospital services in Africa and property investors can benefit from this with healthcare real estate investment trusts, an expert says. A REIT is a company that owns, and in most cases operates, income-producing real estate. Large hospital owners like Netcare or Life Healthcare in South Africa could sell hospitals to a property manager who runs a healthcare REIT. The REIT would then lease them back. REITs provide investors with a liquid stake in real estate, special tax considerations and typically high-dividend yields. In more mature markets, healthcare REITs are often popular investments.
Dana Sanchez, 10:46 am AFKI Original
Currency depreciation and rising inflation have made investing a challenge in some African countries. A global private-sector development group identifies four African countries that have potential for climate-smart investment. These investments will make energy more accessible and infrastructure more resilient as climate change threatens to undermine developmental gains. South Africa is ahead of the game. With 90% of its electricity from coal, SA has approved 79 renewable energy projects by independent power producers. The cost of wind and solar has decreased more than 70%, and is now competitive with new-build coal, IFC reported.
Kevin Mwanza, 9:06 am
South Africa is set to legalize the cultivation and use of marijuana, locally called dagga, becoming the first nation in Africa to permit its medical use by April next year after the Parliamentary health committee pedaled implementation of a proposed bill. The use of high quality marijuana for prescribed medication will be legalized by February 2017, following efforts by the MCC to amend the Medicines and Related Substances Act
Ann Brown, 8:12 am AFKI Original
A survivor of the Rwandan genocide, entrepreneur Marcel Mutsindashyaka chose to use the media, not for revenge, but for peace building. His Rwandan media and IT company has helped restore unity in the country by engaging youth. It is now the second most popular news website in Rwanda. Mutsindashyaka was chosen to be in Obama’s Young African Leaders Initiative. The experience “opened my mind from local to global perspective,” he told AFKInsider. “From this I realized that there is potential for the U.S. and Africa to collaborate for mutual benefit.”
Joe Kennedy, 7:00 am
If you’ve ever wondered what it’s like to jump off a cliff into the sea, watch this video of local kids at Bat’s Cave, South Africa. Located in East London, Bat’s Cave is accessible only at low tide. The Bat’s Cave Trail in the Nahoon Point Nature Reserve winds along a boardwalk with breathtaking views, past an excavation site where the oldest known human footprints were found in 1964. Dating back 124,000 years, the site is still being excavated. The trail winds along sandstone formations through several coves and steep sandstone cliffs.
Kevin Mwanza, 10:10 am
247Solar, a company owned by U.S.-based private energy firm Wilson Solarpower Corporation, will build its first plant in South Africa as it starts off commercialization in the southern Africa region. The energy startup has partnered with Stellenergy (Pty) Ltd, a South African renewable energy company formed in 2013, to provide off-the grid electricity as the nation battles decreased electricity production
Kevin Mwanza, 9:11 am AFKI Original
Fidel Castro was a revolutionary leader and president of Cuba from January 1959 to February 2008 when he formally ceded power to his younger brother, Raul Castro, due to his ailing health. During his stay in power, Castro enjoyed good relations with African leaders and liberation activists such as the late Kwame Nkrumah of Ghana, Nelson Mandela of South Africa, Julius Nyerere of Tanzania and Augustinho Neto of Angola.
Sarah Duff, 7:00 am
Far from the crowds of the better-known South African attractions like Kruger Park, you can stay in charming guesthouses on macadamia farms. Stroll through the orchards, enjoy dishes cooked with the nuts at local farm-to-table restaurants and even get macadamia spa treatments. Going on a macadamia safari is a wonderful way to experience the pastoral beauty of South Africa’s Mpumalanga province.
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