LONDON/JOHANNESBURG, June 20 Seriti Resources
and a consortium backed by global energy trader Mercuria are
among up to six groups to have submitted final bids for the
South African coal assets of South32, four sources
familiar with the matter told Reuters.
JOHANNESBURG A row centring on the South African central bank exposed deep divisions in the governing ANC party on Wednesday, as a faction loyal to President Cyril Ramaphosa opposed calls from a rival group for the bank to do more to boost employment and growth.
* Major economic slump adds fuel to the fire
(Adds quotes from new governor and ANC officials, context)
PRETORIA/JOHANNESBURG South Africa's governing party has agreed to expand the central bank's mandate to include employment and growth as well as inflation, a senior party official said on Tuesday, hours after data showed the worst economic contraction in a decade.
PRETORIA/JOHANNESBURG South Africa's President Cyril Ramaphosa on Wednesday retained Tito Mboweni as finance minister in a new, leaner cabinet, following on from a pre-election pledge to reform and revive an ailing economy and attract foreign investors. | Video
PRETORIA The African National Congress (ANC) was headed toward victory in South Africa's election on Friday, though the party was on course for its worst performance since it swept to power a quarter of a century ago.
JOHANNESBURG/CAPE TOWN The African National Congress faced its toughest electoral test on Wednesday as it sought to reverse a slide in support from voters frustrated by graft and racial inequalities a generation after it won power in South Africa's first all-race poll. | Video
JOHANNESBURG, May 6 Surrounded by a crop of
wilting sugar beans, Georginah Sidumo rubs red dust off a folder
of documents she says are the only proof her farmers'
cooperative has the right to work on the land it controls.
* South African president has pledged reforms if returned to
PRETORIA, March 28 South Africa's central bank
kept its benchmark repo rate unchanged at 6.75 percent on
Thursday in a unanimous decision, saying the risks to the
inflation outlook were "more or less evenly balanced".