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India

Olivia Kumwenda-Mtambo

Explainer: ANC row over South African central bank unnerves investors

11 Jun 2019

JOHANNESBURG A row within South Africa's African National Congress (ANC) about the role of the central bank has unnerved investors and exposed deep divisions in the governing party.

ANC rifts behind push for new South African central bank mandate

07 Jun 2019

JOHANNESBURG/LONDON A row within South Africa's ruling African National Congress (ANC) party about the role of the country's central bank is unnerving investors because it is being driven by bitter factional battles rather than sober policy debate.

Departures at South African state firms could drag out Ramaphosa's reforms

05 Jun 2019

JOHANNESBURG President Cyril Ramaphosa's mission to fix two of South Africa's most troubled state companies, power firm Eskom and South African Airways (SAA), could take longer than planned after their chief executives quit within a week of each other. | Video

Departures at South African state firms could drag out Ramaphosa's reforms

04 Jun 2019

JOHANNESBURG, June 4 President Cyril Ramaphosa's mission to fix two of South Africa's most troubled state companies, power firm Eskom and South African Airways (SAA), could take longer than planned after their chief executives quit within a week of each other.

UPDATE 2-Divisions emerge as South African central bank holds rates, cuts growth outlook

23 May 2019

* Cuts 2019 growth outlook again (Adds further details, new MPC member, Eskom)

Ramaphosa's economic reforms in focus as ANC adjusts to smaller majority

13 May 2019

JOHANNESBURG Boosting South African growth and overhauling bloated power firm Eskom are post-election priorities for the African National Congress, but a reduced majority may force President Cyril Ramaphosa to compromise on those and other economic reforms.

World Bank to boost lending to Africa to help fight poverty -Malpass

03 May 2019

MAPUTO, May 3 The World Bank plans to boost lending to African countries to help fight poverty, the bank's new president said on Friday after touring three sub-Saharan African countries.

Frustration over South African racial disparities builds as poll nears

03 May 2019

BETHLEHEM, South Africa After a decade of living in a tiny corrugated iron shack, Nyani Moloi was ecstatic when she was handed the keys to a two-bedroom brick house built by the government. | Video

World Banks scales up support for Cyclone Idai hit nations to $700 million

03 May 2019

MAPUTO The World Bank has increased emergency support for the three southern African countries affected by a devastating cyclone that killed hundreds in March to $700 million, the lender said on Friday.

Frustration over S.African racial disparities builds as poll nears

03 May 2019

BETHLEHEM, South Africa, May 2 After a decade of living in a tiny corrugated iron shack, Nyani Moloi was ecstatic when she was handed the keys to a two-bedroom brick house built by the government.

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