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African News Agency

Ramaphosa’s $100bn investment target will be reached in a year – Brics ambassador

18th July 2018 The target set by President Cyril Ramaphosa to garner $100-billion in local and foreign investment to boost the South African economy is “modest” and would be achieved within a year, Professor Anil Sooklal said on Tuesday. “The $100-billion is a modest target. I believe we will reach that in a... 

UN Security Council imposes arms embargo on South Sudan

18th July 2018 The United Nations Security Council (UNSC) has imposed an arms embargo on South Sudan as a measure to prevent the flow of weapons to armed groups in the war-hit nation. The members who backed the imposition of the ban believe such a move would help protect civilians, while others raised concerns... 

Minerals Council says gold sector is facing 'serious challenges'

18th July 2018 The Minerals Council South Africa, formerly the Chamber of Mines, said on Wednesday that the mining industry continued to face major challenges despite the gold sector remaining a significant contributor to the South African economy and its people. This as wage negotiations between four of the... 

SA annual consumer inflation accelerates to 4.6 percent in June - stats agency

18th July 2018 South Africa’s annual consumer price inflation quickened to 4.6 percent in June from 4.4 percent in May, data from the national statistics agency showed on Wednesday. On average, prices increased by 0.4 percent between May and June, Statistics South Africa said. 

Union calls for mine bosses to be prosecuted for deaths of mineworkers

17th July 2018 The National Union of Metalworkers of South Africa (Numsa) on Tuesday called for mine bosses to be prosecuted for the deaths of six miners in Limpopo at the Phalaborwa Mining Company's copper mine. The men died after they became trapped underground when a fire broke out in the early hours of... 

Eskom cuts power to defaulting Free State municipalities

17th July 2018 Residents at Tokologo, Masilonyana and Nala municipalities in the Free State will face power cuts due to the councils' failure to honour their debt payment agreements with Eskom, the power utility said on Tuesday. ''The next payments for Tokologo, Masilonyana and Nala Local municipalities were... 

Numsa lodges wage dispute with AMSA

17th July 2018 The National Union of Metalworkers of South Africa said on Tuesday it had lodged a dispute at the Commission for Conciliation, Mediation and Arbitration (CCMA) against ArcelorMittal South Africa (AMSA) after reaching a deadlock in wage talks. The union is demanding an 11% wage increase across the... 

SA business delegation arrives in Angola for trade and investment mission

16th July 2018 The South African business delegation arrived in Luanda, Angola on Monday, for a five-day trade and investment mission. The mission is led by the Deputy Minister of Trade and Industry, Bulelani Magwanishe, and is set to take place from Monday until July 21. 

Davies concerned about extension of US tariffs to autos and auto parts

16th July 2018 South Africa’s steel and aluminium exports to the United States does not pose any threat to US national security, says Trade and Industry Minister Dr Rob Davies. Davies was speaking during bilateral meetings in Washington DC with US Trade Representative Ambassador Robert Lighthizer, US Secretary... 

Nkwinti off to see Lesotho Highlands Water Project progress

12th July 2018 Water and Sanitation Minister Gugile Nkwinti will on Thursday undertake a two-day Ministerial visit to Lesotho to see the developments around the Lesotho Highlands Water Project. "Minister Nkwinti will also have discussions with his counterpart from the government of Lesotho, Minister of Water,... 


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