Africa is facing a looming debt crisis, say leading development economists."Almost 40% of sub-Saharan African countries are in danger of slipping into a major debt crisis" according to the Overseas Development Institute, ahead of a major conference on debt being held in London this week.
COPENHAGEN. – South African police on Monday arrested a Danish woman accused of stealing 111 million crowns ($17 million) of Danish government funds intended for the most vulnerable in society, the Danish state prosecutor for financial crime said.
South Africa coach Stuart Baxter handed a surprise recall to midfielder Thulani Serero as he named his squad for this month's key Africa Cup of Nations qualifier against Nigeria.
PERTH - Dale Steyn claimed two early wickets as South Africa’s pace attack combined superbly to heap more misery on Australia with a six-wicket thrashing to take a 1-0 lead in their three-match one-day international series on Sunday.
The minister says he was the target of extortion attempts after his private sex video was stolen following a hacking incident.South Africa’s Home Affairs Minister Malusi Gigaba has said he was the target of extortion attempts after a private sex video was stolen following a hacking incident.
JOHANNESBURG – South Africa’s equities tumbled yesterday, taking a cue from the continuing global bloodbath with the JSE all share index plummeting nearly 2 percent on the back of rising bond yields.