MoneyGram, FNB launch first mobile money transfer service in Africa

FNB account holders in South Africa are now able to send and receive international money transfers using their cellphones, it has been announced.

South Africa approves Barclays, Absa merger

South Africa's Finance Minister Pravin Gordhan has approved the proposed merger of the African operations of British bank Barclays and the Absa Group.

Zuma sends condolences following death of Baroness Thatcher

South African President Jacob Zuma conveyed his condolences to the people of Britain on Monday following the death of former Prime Minister Margaret Thatcher.

The bold and the beautiful

As far as investing in Africa is concerned, fortune will favour the brave.

South Africa's Telkom predicts 20% profit drop

Africa's largest integrated communications company Telkom has warned of a drop in profit for the year to March as it battles against tougher competition from mobile and broadband companies.

EPL clubs set to adopt goal-line technology

Goal-line technology will be introduced in the English Premier League in time for the 2013-14 season, the Football Association (FA) expects.

South Africa's Zuma to attend Kenyatta inauguration

South African President Jacob Zuma will attend the inauguration of Kenyan President Uhuru Kenyatta, the Presidency.

Nelson Mandela leaves hospital

The South African presidency says former President Nelson Mandela has been discharged from a hospital following treatment for pneumonia.

Samsung to open Kenya assembly plant

Korean electronics giant Samsung is set to open a television, laptop and printers assembly plant in Kenya by end of year and use it as a launch pad to the region.

Zuma: Mandela is 'much better'

South African President Jacob Zuma says former President Nelson Mandela's condition is improving and he is doing "much better" as he continues to recover in hospital.

South Africa to withdraw troops from CAR

South Africa says will withdraw troops from the Central African Republic (CAR) after rebels seized control of the country.

British retailers eyeing Africa says Barclays

British retailers keen to explore opportunities overseas are increasingly looking at Africa, with South Africa the top ranked market for retail expansion according new research from financial giant Barclays.

South Africa's DTI launches plan to boost exports

South Africa's Department of Trade and Industry (DTI) has launched a new development programme aimed at boosting South African exports.

Archbishop Desmond Tutu wins Templeton prize

Anti-apartheid icon Desmond Tutu has won the $1.

SA business confidence hits 13-year low

South African business confidence hit a 13-year low in March data released by the (Sacci) on Wednesday shows.

Gold Fields miners in Ghana go on strike

Employees at South African bullion producer Gold Fields' Tarkwa and Damang mines in Ghana have launched a wildcat strike that has halted production.

Eurozone woes hit South Africa PMI

The Kagiso Purchasing Managers Index (PMI) dropped 4.

Lonmin appoints Ben Magara as CEO


The world's third-biggest platinum producer Lonmin has appointed Ben Magara as chief executive officer.

New budget airline for Zambia

A group of Zambian aviation professionals and foreign investors plan to launch Zambia's first budget airline, Mukuba Airlines.