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African News Agency

BMF demands a black CEO for Absa

29th January 2019 The Black Management Forum (BMF) on Tuesday demanded that Absa Bank replace the outgoing chief executive Maria Ramos with a black executive. This comes after Absa announced that Ramos will retire at the end of February when she turns 60. Absa said its board had appointed René van Wyk, a... 

Wakeford slams Agrizzi allegations as 'malicious, the fabric of lies'

29th January 2019 Former Port Elizabeth businessperson Kevin Wakeford, who has been granted special leave has slammed former Bosasa chief operations officer Angelo Agrizzi's allegations against him as "malicious, a gross fabrication and the fabric of lies". Wakeford, who is the CEO of State-owned arms procurement... 

Rhodes University to lead £20m international collaborative ocean project

29th January 2019 Rhodes University is set to lead a £20-million international collaborative project to influence ocean health and integrated ocean governance for equitable and inclusive sustainability. The One Ocean Hub is one of twelve innovation hub programmes approved by the UK Research Innovation’s Global... 

Absa chief executive Ramos to retire at end of February

29th January 2019 Absa CEO Maria Ramos will retire at the end of February when she turns 60 and becomes eligible to do so, the banking group said on Tuesday. Ramos has been group CEO since 2009 and has led Absa through significant milestones including acquiring Barclays’s Africa subsidiary banks; the sell-down and... 

President Ramaphosa to address African Mining Indaba in Cape Town

28th January 2019 President Cyril Ramaphosa is expected to address mining industry stakeholders from across the world at the Investing in African Mining Indaba set to take place in Cape Town next week. The event, which will also celebrate 25 years of progress in African mining, will be held at the Cape Town... 

City of Cape Town, DST to host inaugural Africa Tech Week

28th January 2019 The City of Cape Town in partnership with the department of science and technology (DST) is set to host the inaugural Africa Tech Week that will introduce African small businesses to digital solutions and future business strategies and development. Africa Tech Week, under the theme “How to create... 

Dudu Myeni 'was powerful', State capture inquiry hears

28th January 2019 Former South African Airways (SAA) board chairperson and head of the Jacob Zuma Foundation (JZF), Dudu Myeni, was paid R300 000 monthly by Bosasa as she was powerful and ''very close'' to former president Jacob Zuma, Bosasa's former COO Angelo Agrizzi testified on Monday. Agrizzi said a designer... 

Numsa slams 'nefarious' plans to privatise Eskom, other SOEs

28th January 2019 The National Union of Metalworkers of South Africa (Numsa) has accused the governing African National Congress of pursuing what it calls 'nefarious' plans to privatise power utility Eskom and other cash-strapped state owned enterprises. In a column published in a local newspaper on Sunday, Numsa... 

Small businesses buoyant despite challenging economic climate – survey

25th January 2019 Confidence among small South African businesses fell in the third and fourth quarters of 2018 but the sector remains optimistic despite a challenging economic climate, a survey published on Friday showed. The quarterly survey produced by Yoco showed an overall pulse score of 32 for the fourth... 

Province grants R300m for housing after long dispute, says Mashaba

25th January 2019 Johannesburg metro mayor Herman Mashaba said on Wednesday that the Gauteng provincial human settlements department had committed about R300-million for housing developments in the city for the current financial year.  This comes against the backdrop of an ongoing dispute about the Human... 


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