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African News Agency

Ekurhuleni tops metros in governance in BD index

10th July 2017 The Business Day newspaper’s new index that tracks how well cities and towns spend residents’ money has ranked the City of Ekurhuleni top in the country, the city said on Sunday. Released in June, the index allocated each municipality a score out of 100 points based on five indicators – the... 

Focus on Africa taken forward at Hamburg G20 summit – Zuma

10th July 2017 The German presidency of the G20 this week managed to build on the achievements of the last summit in China which had emphasised sustainable development in Africa, President Jacob Zuma said on Sunday. In a statement issued by the presidency after his return from the summit in Hamburg, Zuma said... 

Taxi strike brings Joburg CBD to a standstill

7th July 2017 Traffic in the Johannesburg CBD came to a standstill midday on Friday as Soweto taxi drivers marched to the Office of the Premier, parking their taxis in the streets and demanding to be allowed to operate on their routes again. The protest came after Gauteng MEC for Roads and Transport, Ismail... 

Reserve Bank independence must be protected, says banking association

7th July 2017 The Banking Association South Africa (Basa) said on Friday that it had noted statements made during the  African National Congress (ANC) National Policy Conference about the South African Reserve Bank (SARB). This comes after the chairperson of the ANC’s economic transformation commission, Enoch... 

Coca-Cola Beverages Africa buys Equator Bottlers in Kenya

6th July 2017 South Africa-headquartered Coca-Cola Beverages Africa (CCBA) announced on Thursday that it has concluded negotiations to acquire Equator Bottlers, the third largest Coca-Cola bottler in Kenya, for an undisclosed amount of money. This comes after the acquisition was approved by the Competition... 

Hawks nab Zama Zamas at Harmony Gold’s Kusasalethu mine

6th July 2017 The Directorate for Priority Crime Investigations (Hawks) said on Thursday that they had arrested six men aged between 24 and 35 years for corruption, illegal dealing in precious metals, possession of gold and theft, at the Kusasalethu gold mine in Carletonville. Located about 90 kilometres from... 

Zuma arrives in Germany for G20 Summit

6th July 2017 South Africa President Jacob Zuma arrived in Hamburg, Germany, on Thursday morning for the Group of 20 (G20) Leaders’ Summit which is scheduled to take place on July 7 and 8 under the theme “Shaping an Interconnected World”. South Africa is one of the 19 member countries of the G20 which, in... 

Eskom board confident of turnaround

6th July 2017 Eskom’s newly-reconstituted board on Thursday expressed its support on the strides made by executive management in turning around the company’s operational and financial performance, as well as the overall strategy of sustaining this momentum. This comes after a two-day board induction session... 

ANC affirms Reserve Bank's independence

5th July 2017 The African National Congress policy conference agreed not to tamper with the independence of the SA Reserve Bank (SARB), but raised concerns about its private ownership, the party’s head of economic transformation said on Wednesday. ”The commission agreed that the Reserve Bank’s independence... 

Labour Court postpones Molefe hearing pending outcome of high court case

4th July 2017 The Labour Court on Tuesday postponed the hearing of Brian Molefe’s challenge to his dismissal as Eskom CEO, pending the outcome of the high court application by the opposition for his re-appointment to be ruled invalid and set aside. The Labour Court in its ruling rejected Molefe’s contention... 

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