South Africa’s banking index fell to the lowest in six months after S&P Global Ratings cut the sovereign’s foreign-currency debt rating to junk, increasing the likelihood that lenders will have to battle declining returns and rising bad debts in the year ahead.
04 Apr 2017, business.mega.mu
South Korea’s president said tragedy and “loneliness” drove her to rely on a shadowy female confidante
In a deeply contrite apology, South Korean president Park Geun-hye said today (Nov. 4) she alone was responsible for the current scandal engulfing her presidency, and denied allegations that she was involved with a cult or had performed shamanistic rituals at the presidential Blue House.
04 Nov 2016, business.mega.mu
South African prosecutors ordered Finance Minister Pravin Gordhan on Tuesday to appear in court on Nov. 2 to hear fraud charges against him, news that sent the rand and share prices reeling.
12 Oct 2016, business.mega.mu
Pourquoi est-ce qu’un Sud-Africain (blanc, noir, marron) achèterait un bungalow à Maurice au coût de Rs 15 millions, alors qu’avec cette même somme, il peut devenir propriétaire d’une ferme profitable d’une dizaine d’arpents au KwaZulu-Natal avec vue sur l’océan Indien ?
28 Dec 2012, business.mega.mu
The rules of the game in South Africa's labour market have changed and the new players are workers such as Tshepo Modise and Thulani Soko, wildcat strikers at mining giant Anglo American Platinum (Amplats).
08 Oct 2012, business.mega.mu
South African courts are to begin releasing 270 striking miners charged with murder after 34 of their colleagues were shot dead by police.
03 Sep 2012, business.mega.mu
Miners are being intimidated into staying away from work at the South African mine where 34 people were recently shot dead by police, the owners say.
28 Aug 2012, business.mega.mu
People slowly came outside despite the cold wind across South Africa today, pointed their mobile phone cameras to the sky and opened their mouths to taste a rare snowfall that fell on much of the country.
08 Aug 2012, business.mega.mu
With the economic storm facing the world, Maurice plays the card of diversification. The target was set to try to reach emerging markets, which currently enjoy world economic growth upwards.
24 Jul 2012, business.mega.mu
Nelson Mandela celebrates his 94 years on Wednesday when his birthday has become an important holiday in South Africa, during numerous tributes, good deeds but also of critical debate on how best to continue his struggle and his work of reconciliation.
18 Jul 2012, business.mega.mu
Thousands of letters, photographs and documents relating to Nelson Mandela was posted on Tuesday, March 27, in the internet as part of a project aimed at broadening access to the archives of the former South African president, Nobel Peace prize for his fight against apartheid.
28 Mar 2012, business.mega.mu
The South Africa will continue its cross-border rail infrastructure projects, including the North-South Corridor in Africa, and presented detailed plans Monday.
14 Mar 2012, business.mega.mu
The South African Department of Trade and Industry'' (DCI) said Friday that the Special Economic Zones (SEZs) will support government efforts to address economic inequalities and socio-economic problems that still dominate in the country.
27 Feb 2012, business.mega.mu
South Africa said Wednesday it would push ahead with an ambitious building plan that includes a 3.2 trillion rand ($414 billion, 313 billion euros) investment in infrastructure over nine years.
23 Feb 2012, business.mega.mu
The Director General of Home Affairs in South Africa, Mkuseli Apleni, said Thursday that Pretoria planned to recruit 50 000 "highly qualified foreign nationals."
22 Jan 2012, business.mega.mu
The South African capital Pretoria to Tshwane'ici will be renamed at the end of 2012, announces its mayor, Kgosientso Ramokgopa on Tuesday 22 November, the "a" of the daily Pretoria News.
23 Nov 2011, business.mega.mu