South Africans News
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An Indian family is playing monopoly when one of the brothers exclaims that he has found a place where you can buy the president and land your airplane at a military base. The country is South Africa.
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Former Gold Fields Ltd. Chairwoman Mamphela Ramphele said Agang SA, a political movement she founded three months ago, has attracted 10,000 volunteers and is set on toppling South Africa’s ruling African National Congress in next year’s elections.
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South African lenders offering unsecured credit fell after African Bank Investments Ltd., the nation’s largest provider of loans not backed by assets, said its first-half profit will decline.
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South Africa said it will summon the Zambian High Commissioner to raise concerns about disparaging comments made by Vice President Guy Scott against the nation and its president, Jacob Zuma.
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As he watched a white rhino take its final breath after poachers broke its back and hacked off its horn, major general Johan Jooste said he realized that South Africa is facing a war to save the endangered species.
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The black middle class in South Africa, which held its first all-race elections in 1994, has more than doubled in size over the past eight years, exceeding the number of white people in the same bracket and the amount of money they spend.
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South African banks tightened lending conditions in the fourth quarter even as impairments fell and the central bank kept interest rates at the lowest in more than 30 years.
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FastJet Plc, seeking to become the first pan-African discount airline, said it will add flights in South Africa, backed by local investors and a 2 million-pound ($3 million) share placing with a London institution.
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Old photographs adorn the mantelpiece in Lee John Mynhardt’s living room. In one, he’s standing beside his parents and sister. In another, he’s all smiles as he wraps his arms around some college buddies.
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Waiting for a friend at the Sandton City shopping center in Johannesburg, Abey Ngijina holds a single bag of groceries. The 55-year-old sound technician has cut his monthly food budget in half, swapping branded goods for unbranded alternatives and buying less meat.
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