Russian exploration company Rosgeo will drill for gas off the southern coast of South Africa under a $400 million deal with PetroSA to help build the African country’s reserves.
The President of Zimbabwe, Robert Mugabe has slammed the late Nelson Mandela, former president of South Africa blaming him for the economic issues confronting his country.
Africa’s two biggest economies likely emerged from recession in the second quarter but strong growth won’t show up until business confidence is restored, a Reuters poll suggested on Friday.
The ruling party in Zimbabwe, Zanu-PF on Wednesday organized a rally and a march in the capital, Harare in solidarity with the country’s first lady, Grace Mugabe.
South Africa will press the newly-elected Angolan government to pay 850 million rand ($66 million) it owes struggling South African Airways (SAA), the finance minister said on Tuesday.
South African veteran politician and anti-apartheid activist Nkosazana Dlamini-Zuma said on Tuesday it was “offensive” to suggest her ex-husband, President Jacob Zuma, would have a hand in promoting her political career.
The first lady of Zimbabwean Grace Mugabe has made her first public comment since returning to the country from South Africa where she was accused of assaulting a 20-year old model in a Johannesburg hotel.
Two miners at a South African gold mine owned by Harmony Gold have died after they were trapped underground following an earth tremor, the company said on Sunday.
