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South Africa , Saturday 21 April 2018

News South Africa » Finance: Big Protests in South Africa Force Ramaphosa to End London Visit

News channel or source: https://www.nytimes.com/2018/04/19/world/africa/south-africa-ramaphosa-protests.html
Publication date: hursday 19 April 2018

LONDON — South Africa’s new president, Cyril Ramaphosa ... including two well-respected former Finance Ministry officials, to campaign for investments. “The pitch is going to be, ‘We’re open for business, we’re embarking on reforms ...

News South Africa » Finance: Ramaphosa team to seek $100 bln investment for South Africa

News channel or source: https://www.reuters.com/article/us-safrica-ramaphosa/ramaphosa-team-to-seek-8-billion-investment-for-south-africa-idUSKBN1HN2JR
Publication date: uesday 17 April 2018

The team of economic envoys includes ex-finance minister Trevor Manuel as well as a former ... during nine-year presidency of Ramaphosa’s predecessor, Jacob Zuma, when South Africa’s credit rating was slashed to junk by two of the top three agencies ...

News South Africa » Finance: South Africa's Kganyago Says Prices a Key Trigger for Action on FX

News channel or source: https://www.bloomberg.com/news/articles/2018-04-18/s-africa-s-kganyago-says-prices-a-key-trigger-for-action-on-fx
Publication date: Wednesday 18 April 2018

“Our approach in South Africa has been and continues to be that we do not react ... Kganyago spoke before semi-annual meetings of the International Monetary Fund and World Bank, where finance ministers and policy makers will gather to discuss potential ...

News South Africa » Finance: Ramaphosa touts 'new dawn' in South Africa to lure $100 billion

News channel or source: https://www.bloomberg.com/professional/blog/ramaphosa-touts-new-dawn-south-africa-lure-100-billion/
Publication date: hursday 19 April 2018

More than two decades after the end of apartheid, whites still own most of South Africa’s profitable farms, and, according to the finance ministry, about 95 percent of the country’s wealth is in the hands of 10 percent of the population. The governing ...

News South Africa » Finance: Bridging Africa’s infrastructure gap

News channel or source: https://www.worldfinance.com/featured/bridging-africas-infrastructure-gap
Publication date: Friday 20 April 2018

While Angola has a road density of just 4km per square kilometre of land, South Africa’s figure is more than 15 times ... with China agreeing to finance 80 percent of the $11.17bn cost. The new line will reduce travel times between the country’s ...

News South Africa » Finance: Ramaphosa Calls On Commonwealth To Invest In South Africa

News channel or source: http://www.eurasiareview.com/19042018-ramaphosa-calls-on-commonwealth-to-invest-in-south-africa/
Publication date: hursday 19 April 2018

South Africa’s President Cyril Ramaphosa has set the wheels of ... The Special Envoys on Investment is made up of finance heavyweights such as former Finance Minister Trevor Manuel, former Finance Deputy Minister Mcebisi Jonas, Executive Chairperson ...

News South Africa » Finance: South African Government Ramping Up Efforts To Get More Land Into Black Ownership

News channel or source: http://capeandislands.org/post/south-african-government-ramping-efforts-get-more-land-black-ownership
Publication date: Saturday 21 April 2018

Peter Granitz reports from Pretoria. PETER GRANITZ, BYLINE: Twenty-five-year-old John Ratema is a college graduate armed with an education in finance, but he's unemployed. Joblessness in South Africa is high, and he's had no luck finding anything in his field.

News South Africa » Finance: KPMG banned from auditing South Africa's state bodies

News channel or source: https://www.yahoo.com/news/kpmg-banned-auditing-south-africas-state-bodies-170241101.html
Publication date: uesday 17 April 2018

Johannesburg (AFP) - South Africa on Tuesday announced it has banned KPMG from ... KPMG was last year embroiled in a scandal over a report that Zuma had used as grounds to fire then finance minister Pravin Gordhan, triggering a collapse in the rand ...

News South Africa » Finance: South African rand slightly weaker as dollar recovers

News channel or source: https://af.reuters.com/article/investingNews/idAFKBN1HP0SK-OZABS
Publication date: uesday 17 April 2018

The International Monetary Fund lifted South Africa’s economic growth forecast on Tuesday, citing the election of a new political leadership. Ramaphosa, who has pledged to revamp the local economy, recently appointed a team of finance experts to scour ...

News South Africa » Finance: South Africa may ask pharma firms for fee to clear drug review backlog

News channel or source: https://finance.yahoo.com/news/south-africa-may-ask-pharma-090526848.html
Publication date: Sunday 08 April 2018

CAPE TOWN, April 9 (Reuters) - Drugmakers in Africa's largest pharmaceutical market may be asked to pay a "backlog fee" to help clear a pipeline of medicines waiting years for approval, according to a proposal being considered by South Africa's new ...