SOUTH AFRICA

IBTimes Logo

WTO Adds New Appellate Body Member

The World Trade Organization swore in David Unterhalter from South Africa as a member of the Appellate Body by the Body's Chairman, A.V. Ganesan, at a ceremony on Thursday.
More news
IBTimes Logo

South African Retailer to Invest Over $91 in Tanzania

Massmart Holdings Ltd, the third largest distributor of consumer goods in Africa and the leading retailer of general merchandise, liquor and home improvement equipment will invest more than $91 million in Tanzania in the next 10 years.
IBTimes Logo

Nambia Inflation Up to 5.4 pct in Aug

Namibia's annual inflation rate quickened to 5.4 percent in August from 5.1 percent in July, largely driven by rising food and transport costs, official data showed on Monday.
IBTimes Logo

World Bank sees offgrid energy projects a boon

Investments in offgrid energy generation projects are the quickest way to get electricity to the 1.6 billion people in the world without lights, a World Bank official said on Wednesday.
IBTimes Logo

Man-made gems not a threat to De Beers-diamond group

Diamonds produced in a laboratory - cheaper and in a myriad of colours - should not be seen as a threat by industry giant De Beers since they will largely fill a separate niche, a group promoting the gems said.
IBTimes Logo

SA Alex Forbes sells risk unit to settle debt

South African financial services company Alexander Forbes confirmed on Monday it has agreed to sell its international risk services unit to Lockton International Holdings for a £67.6 million ($127.5 million).
IBTimes Logo

Coca-Cola: Goodbye UK, Hello Africa

The Coca- Cola company said on Friday it will relocate its Africa Group office from Windsor, England to Johannesburg in South Africa starting in January next year, in a bid to increase business growth in Africa.
IBTimes Logo

Magazine Ranks SA Hotel as World's Best

Singita Private Game Reserve has been voted as the best hotel in the world. The city that it is located in, Cape Town, has been ranked as one of the top 10 cities, according to an Internet survey conducted by Travel & Leisure Magazine.
IBTimes Logo

Africa Exports to China Grow

Africa's trade with China has grown considerably with exports rising by 72 percent in 2005. The figure surpassed exports to Europe which only amounted to 30 percent, said Standard Chartered Bank on Wednesday.
IBTimes Logo

SA Farmers Look Inward Following WTO Talks

South African agricultural representatives are looking at their own governments to see what can be done in the wake of recently suspended trade talks of the World Trade Organization.
IBTimes Logo

Bird Flu Under Control Says SA Gov't

An outbreak of a less virulent strain of avian Influenza in the Western Cape province of South Africa, has resulted in the culling of 8,000 ostriches, the Department of Agriculture reported on Wednesday.
IBTimes Logo

India, South Africa, Mercosur to Pursue Trade Talks

Countries such as India, South Africa and South American Mercosur nations will continue trade negotiations following the indefinite suspension of global trade talks through the World Trade Organization.
IBTimes Logo

African Reaction to WTO Collapse Mixed

The collapse of yesterday's WTO trade talks in Geneva has resulted in mixed feelings for Africa as it faces an uncertain future of high tariffs, officials said on Tuesday.
IBTimes Logo

SA's Mbeki Reflects on G8 Meeting

Doha round talks between the G8 and the developing G5 nations ended with hopes that negotiations will be completed by the end of the year, South African President Thabo Mbeki said on Friday.

Pages

IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.