Hundreds march against climate change in South Africa

JOHANNESBURG, South Africa, – Hundreds of activists marched in Johannesburg on Saturday urging their government to reduce its share of carbon emissions, ahead of the UN COP21 climate conference in Paris. “If South Africa, and all other polluting countries, don’t own up to their fair share of climate responsibility, the serious climate impacts being experienced […]

MTN Nigeria warns reprisal attacks on S.Africans will plunge Nigeria’s economy

MTN Nigeria has cautioned against reprisal attacks on multinationals that have links with South Africa owing to the xenophobic attacks on Nigerians in South Africa,  saying any such occurrence would result in monumental loss and setback for the Nigerian economy. Xenophobic attacks on foreigners in South Africa by some group of South Africans has led […]

South African Benefit From Oil Price Decline Seen as Temporary

(Bloomberg) — The benefit from the lower oil costs for South Africa’s economy will probably be temporary as the drop hasn’t passed through to wider prices and crude should increase further, Reserve Bank Governor Lesetja Kganyago said. “Average wage settlements are still in the realms of 8 percent,” Kganyago said in a speech to a […]