Events & News

SA Minister Davies Appoints 5 New Members to BRICS Council

Mar 13
Minister Rob Davies delivers welcoming remarks at the BRICS Business Forum and the BRICS Business Council. (Photos: DIRCO) Trade and Industry Minister Rob Davies has appointed new members to the BRICS (Brazil, Russia, India, China and South Africa) Business Council following nominations from Business Unity South Africa and the Black

Africa In Focus: Nigeria Election Results

Feb 28
REUTERS/AFP – Nigerian president Muhammadu Buhari (L) and his opponent Atiku Abubakar cast their ballots Abuja, Nigeria – Muhammadu Buhari has secured a second term as Nigeria’s president, according to official results released by the Independent National Electoral Commission. The incumbent, Buhari, won 56 percent of of the votes, compared with 41 percent for

Africa In Focus: Nigeria’s Presidential election candidates

Feb 23
Nigeria’s presidential election features more than 70 candidates but it is ultimately expected to be a head-to-head between just two main rivals: Muhammadu Buhari (All Progressives Congress) and Atiku Abubakar (Peoples Democratic Party). Below is a brief bio of the two leading contenders for Nigeria Presidential election:   Muhammadu Buhari (All Progressives

Africa In Focus : Rating Agencies not happy with Eskom bailout

Feb 23
Reuters  – Ratings agencies signaled their concern with South Africa’s budget on Thursday, saying a R23 billion a year bailout for struggling state utility Eskom exemplified growing strain on the public purse before an election in May. Finance Minister Tito Mboweni on Wednesday painted a bleaker outlook for economic growth and

Africa In Focus: Zimbabwe abandons the Dollar, and embraces a new currency

Feb 22
ZIMBABWE, HARARE – Over the last decade, Zimbabwe has been using the US Dollar as part of its multi-currency mix. Facing an array of challenges, the government of Emmerson Mnangagwa has subsequently decided to introduce its own currency again. Zimbabwe has not had a local currency since 2009 when it