Bell predicts better 2013 after 'mixed' 2012

Construction and mining equipment maker Bell has reported a 12 percent increase in revenue for 2012, up to R5.

Zimbabwe approves new constitution

Zimbabwe's new constitution - one of key elements of the power-sharing deal - was approved by an overwhelming majority in Saturday's referendum.

Kgabo Moabelo scoops top Gold Fields job

Gold Fields has promoted Kgabo Moabelo to the role of managing executive in South Africa.

Fastjet files letter of intent with 1 Time liquidators

African no-frills carrier Fastjet has taken another step towards buying South African airline 1 Time from its creditors.

Crowds gather at Vatican for Pope inauguration Mass

Up to a million people are expected to gather in Rome today for the inauguration Mass of Pope Francis.

Statoil finds more gas offshore Tanzania

Oil giant Statoil ASA on Monday announced that it and partner Exxon Mobil had made another big gas discovery off Tanzania.

P&G to invest R1.6bn in South Africa

Multinational manufacturer Procter and Gamble (P&G) has announced "a significant new investment" of more than R1.

Mandela 'game' to teach young about apartheid

Plans have been announced to turn Nelson Mandela's time in prison at South Africa's infamous Robben Island into a video game.

SABMiller launches cassava beer in Ghana

Global brewing giant SABMiller has launched a cassava beer in Ghana, a move it says will increase choice for low-income consumers.

ENI sells Mozambique stake to CNPC

Italian oil giant ENI has signed an agreement to sell 28.

Famous Brands enters India with Debonairs Pizza

JSE-listed Famous Brands has announced its expansion into India, with a pilot Debonairs Pizza restaurant set to open in Mumbai in July 2013.

SA uncertainty has miners worried says Grant Thornton

Advisory firm Grant Thornton's latest International Mining Report has painted a bleak picture of South Africa's mining industry.

Cardinals elect new pope

White smoke flowed from the chimney above the Sistine Chapel on Wednesday night, signalling the election of a new pope.

Golden Agri's Liberia project gets $500m loan from China

Singapore-listed Golden Agri-Resources Ltd, the world's second-largest palm oil producer, said Wednesday its Liberia business Golden Veroleum has received a $500 million loan from the China Development Bank to develop palm plantations in the African country.

SA Govt to blame for Telkom woes says Solidarity

South Africa's Solidarity Union has blamed the government for Telkom's financial woes.

Starwood unveils Africa expansion plans

Africa is set for a new batch of luxury hotels after Starwood Hotels & Resorts World announced plans to open 50 new hotels in the continent and the Middle East over the next five years.

Police accused of killing Taxi driver Mido Macia denied bail

Nine South African policemen accused of killing Mozambican taxi driver Mido Macia have been denied bail.

Rand hits four-year low against the dollar

The South African rand has fallen to a four-year low against the dollar after South Africa's current account deficit came in worse than expected for the fourth quarter of last year.

Westinghouse signs 'local nuclear fuel development' deal in SA

Nuclear energy group Westinghouse Electric has signed a Memorandum of Understanding (MOU) with The South African Nuclear Energy Corporation (Necsa) to "investigate and cooperate in the development of local fabrication capabilities for fuel assembly components".