Theodore J. Forstmann, better known as Ted Forstmann, the co-founder of private equity firm Forstmann Little & Company and Chief Executive Officer (CEO) of the International Management Group (IMG) died on Sunday, of brain cancer. The 71-year-old private equity investor and philanthropist had been battling the illness for six months.
It was not the acclaim of an international prize that motivated a 11-year-old Pakistani girl to oppose the Taliban's decision to ban education for girls in her neighborhood. Malala Yousufzai, now 13, attracted attention from around the world and focused it on the sorry state of affairs in the Swat Valley, which is located close to the Afghan-Pakistan border, simply because she wanted a better life, where nobody would stop her from learning or watching her favorite Indian television series.
The police is set to speak to 16 youngsters, who were sponsored and supported by deceased cricket writer Peter Roebuck. The youngsters lived with Roebuck in his eight-bedroom house in South Africa.
In honor of D’Oliveira, South African and Australian cricketers stood in silence for one minute.
According to FIFA President Sepp Blatter, there is no racism in soccer. But there is, Sepp, and it's a serious problem.
Guildford Shapo was later taken to WS Knobel Hospital where he died.
Standard Bank Group expects its clients to issue corporate bonds in excess of 10 billion rand over the next four months and is in talks with four offshore companies interested in inward listings in South Africa.
Ghana will seek to boost revenues from its mining industry next year by hiking taxes, according to a text of the 2012 budget delivered to parliament on Wednesday.
A budget crunch in Swaziland, Africa's last absolute monarchy, has reached a critical stage with the government struggling to maintain spending on HIV/AIDS, education and the elderly, the International Monetary Fund said on Wednesday.
A huge yellow diamond fetched a world record price of $12.36 million at Sotheby’s Geneva auction in Switzerland on Tuesday.
Eastern Platinum said it has resumed full production at its flagship Crocodile River mine in South Africa, following a probe into a fatal accident at the mine earlier this month.
South Africa's monetary policy will maintain its focus on hitting a 3-6 percent inflation target over the medium term but will remain sensitive to the domestic economic situation, Reserve Bank Governor Gill Marcus said on Tuesday.
Marius Els was killed by his pet hippopotamus Humphrey on Saturday. Six year-old Humphrey attacked the South African man at his farm, repeatedly biting and gouging his owner.
About 230,000 people in Swaziland -- almost one-fifth of the population -- are HIV-positive
Lonmin, the world's third-largest platinum producer, beat expectations with a 59 percent jump in full-year earnings, even though a strike at its Karee operations drove up unit costs and forced the miner to cut its output target.
Browse on to know why the seven provisional winners are natural wonders and worth a visit.
World champions Argentina, who missed out on their usual ticket to the Olympic women's hockey tournament, have got into the London 2012 Games by the back door.
Noted cricket writer Peter Roebuck was found dead Saturday at his hotel in South Africa, where he was covering Australia-South Africa Test series.
The new seven wonders of nature have been named Friday Nov. 11 by the New Open World Corporation in a provisional list based on the first count of voting results.
South African stocks capped a volatile week with a sideways close on Friday, as concerns about the outcome for Italy's debt crisis kept investors on the sidelines, although platinum miners and other battered-down shares ticked higher.
South Africa needs to adress uncertainties including allocation of mineral rights and ownership which are impeding growth in the mining sector, the National Planning Commission said on Friday.
South Africa's National Planning Commission unveiled a plan on Friday to reduce unemployment and poverty plaguing Africa's biggest economy, but key elements may be blocked by a powerful union in a governing alliance with the ruling ANC.