South Africa

Nigeria, Zambia top countries prone to cyber attacks in the world – Global threat report  

Five African countries including Nigeria, Zambia, Uganda, Malawi and South Africa have been identified as having the highest risk profile…

FBN Insurance shareholder, Sanlam, sells stake in Ghanaian firm, Enterprise Group

Sanlam, South Africa’s largest insurer, which also has 30 percent stake in Nigeria’s FBN Insurance, said Friday that it has…

Barclays Africa to fight $86 Million payout over Bankorp

Barclays Africa Group Ltd., the South African bank formerly known as Absa, will go to the country’s high court to…

Central bank row now among South Africa’s economic, political woes

A major row in South Africa over the independence of its central bank escalated on Tuesday, with both sides trading…

South Africa’s current account deficit widens to 2.1% of GDP in Q1

South Africa’s current account deficit widened to 2.1 percent of GDP in the first quarter of this year from a…

South Africa’s resources stocks weaken after release of mining charter

Shares of South Africa's resources companies weakened on Thursday after the minimum threshold for black ownership of mining companies was…

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