UPDATE 1-IMF chief meets S.Africa’s Ramaphosa in Davos to discuss economy: Their meeting comes a day after the International Monetary Fund cut South Africa’s growth forecast for the next two years, citing political uncertainty. “We concurred that long-standing structural challenges continue to weigh on growth in South Africa …
Source: “South Africa” – BingNews
Margaret Thatcher ‘believed South Africa should be whites-only’: Margaret Thatcher suggested that South Africa should be a “whites-only state”, distrusted Germany and hated men with moustaches, the UK’s former chief diplomat has alleged. In excerpts from Sir Patrick Wright’s diary published by the Daily Mail …
Source: “South Africa” – BingNews
South African jazz legend and anti-apartheid activist Hugh Masekela dies aged 78: “He uplifted the soul of our nation through his timeless music.” Masekela fled apartheid South Africa in the early 1960s, and did not return for three decades until after the release of Nelson Mandela in 1990. Among his greatest hits were the anthem …
Source: “South Africa” – BingNews
As it happened: Singh part of the team that brought Eskom to its knees – Gordhan: “What you are saying to South Africa and to your family, is that you will continue deny that you are guilty, rather than open up and help the country cleanse itself of corruption,” said Gordhan. In response Singh said all the information he presented …
Source: “South Africa” – BingNews
Davos an opportunity for SA to signal it is serious about addressing Eskom issues: We’ve got people with many years of dedicated service to South Africa on the board. We’ve got business leaders who have serious business experience in leadership positions, including the chairman and the acting CEO. And people like the chairman have …
Source: “South Africa” – BingNews
IMF cuts SA’s growth rate for next two years: TIM COHEN: The question now is how quickly can South Africa get back… But despite the recent developments, Dave Mohr, chief investment strategist at Old Mutual Multi-Managers, warned that political uncertainty remained. “There are still two centres of po …
Source: “South Africa” – BingNews