A bn fight over who owns South African Central Bank:
A bn fight over who owns South African Central Bank:
South Africa's Lesetja Kganyago has a fight on his hands to protect the central bank's $ 50 billion of reserves. More than eight months after the ruling African National Congress decided that the South African Reserve Bank should be state-owned, like most other central banks, the governor said his main concern remains to protect the regulator's independence and mandate.
.com | Open letter to David Mabuza: ‘Clarify your trip to Russia’:
First, I'd like to commend you for agreeing in Parliament to subject yourself to a lifestyle audit. Given the magnitude of the allegations that have accumulated during your time in the Mpumalanga Provincial Government many of them set out in great detail recently in the New York Times it is crucial that South Africans know the truth.
These are the countries best to study (and travel) abroad:
South African students who choose to complete their studies abroad stand to benefit from global skills training and development, with the added advantage of being able to travel in and around some of the world's largest international learning centres. Divan Viljoen, Flight Centre Youth & Adventure Campaign Manager, says students who qualify abroad have better global employment prospects but are also using their time abroad to widen their horizons and experience new cultures and destinations.
China hosts African leaders amid aid criticism:
China hosts African leaders Monday for a summit aimed at promoting Beijing's vision for development on the continent, even as it finds itself increasingly criticised over its debt-heavy approach to foreign aid. President Xi Jinping and leaders from across the continent will hold the two-day Forum on China-Africa Cooperation, with talks expected to focus on Xi's cherished “Belt and Road” infrastructure programme.
China hosts African leaders amid aid criticism:
China has provided aid to Africa since the Cold War, but Beijing's presence in the region has grown exponentially with its emergence as a global trading power AFP/Yasuyoshi CHIBA BEIJING: China hosts African leaders Monday for a summit aimed at promoting Beijing's vision for development on the continent, even as it finds itself increasingly criticised over its debt-heavy approach to foreign aid. President Xi Jinping and leaders from across the continent will hold the two-day Forum on China-Africa Cooperation , with talks expected to focus on Xi's cherished “Belt and Road” infrastructure programme.
UPDATE 1-White workers at South Africa’s Sasol to strike over black share scheme:
FILE PHOTO: Electricity pylons are seen near cooling towers of South African petrochemical company Sasol's synthetic fuel plant in Secunda, north of Johannesburg, South Africa, May 20, 2018. REUTERS/Siphiwe Sibeko Under black economic empowerment rules, South African companies are required to meet quotas on black ownership, employment and procurement as part of a drive to reverse decades of exclusion under apartheid.
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