South Africa

Nigerian telcos fingered in global spam calls origination, put Nigeria in global top 10 spam-affected countries

*Contribute 61% of local unwanted calls.... Nigerian telecommunications operators have been fingered as contributing largely to reported global spam calls…

IMF warns South Africa over economy’s vulnerability

The International Monetary Fund warned South Africa Thursday over extreme vulnerability of the country's economy to external shocks and funding…

South Africa’s Eskom signs $1.5 billion loan agreement with China

South Africa's state power utility Eskom signed a $1.5 billion (19.6 billion rand) loan agreement with China Development Bank on…

One of Africa’s wealthiest cities also has some of the cheapest rents in the world

People flocking to South Africa’s economic hub are likely to find some of the world’s cheapest rents. An average family…

South Africa unveils action plan to boost economy growth- Finance minister

South Africa's Treasury will unveil an action plan on Friday detailing structural changes and timelines to boost growth to 6…

Nestle in $21bn share buy back to boost stock price

Nestle SA made its first concession to activist investor Dan Loeb, announcing Tuesday a $21 billion share buyback plan to…

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