South Africa

The markets frustrate OPEC’s efforts to push up oil prices

Know thy enemy The markets frustrate OPEC’s efforts to push up oil prices The cartel is fighting not just shale…

Rising dollar debts still a worry for Africa

*Govts advised to embrace local currency liabilities... Despite having a chunk of their dollar denominated debts written off in 2005,…

Microsoft set to deliver Microsoft Cloud from datacentres in Africa

Microsoft has revealed plans to deliver the complete, intelligent Microsoft Cloud for the first time from datacentres located in Africa.…

South Africa’s Sibanye Gold finalises $1 bln rights issue at 60 pct discount

South Africa's Sibanye Gold will tap shareholders for funds at a discount of 60 percent in a $1 billion rights…

Vodafone sells $2.6 billion Safaricom stake to S.African unit

Vodafone Group Plc is simplifying its holdings in sub-Saharan Africa, selling a $2.6 billion stake in Kenya’s Safaricom Ltd. to…

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