Business In The News International South Africa

South Africa celebrates 20 years of diplomatic ties with China

JOHANNESBURG, January 9 – President Jacob Zuma on Monday expressed his well wishes on the occasion of 20 years of diplomatic relations with China, saying that these relations should be further reinforced and more opportunities explored to create a win-win cooperation for both Republics. In a statement, Zuma said: “The Government and the people of […]

In The News International South Africa

China urges South Africa not to lose sight of Madiba’s vision

PRETORIA, December 5 – South Africa and the rest of the African continent should not lose sight of the great vision of its forebears like global icon and former president Nelson Mandela who made abundant sacrifices, particularly towards equality, China’s recently appointed ambassador to South Africa, Lin Songtian said on Tuesday. “President Mandela was a great […]

Business In The News International South Africa

Rand jumps on Zuma court ruling; MSCI index at 6-year high

Johannesburg, October 13 – The rand jumped to two-week highs on Friday after a court ruling that upheld reinstating corruption charges against President Jacob Zuma, while the rally on broader emerging markets continued. MSCI’s emerging equity index inched to new six-year highs on back of encouraging Chinese trade data, record high world shares and a […]

Africa Business In The News International South Africa

BRICS Leaders to Adopt Joint Action Plans on Economy, Innovation, Customs Cooperation

MOSCOW, September 1 – The leaders of the BRICS countries are expected to adopt action plans on economy, innovation and customs cooperation at the 2017 BRICS summit in China, Russian presidential aide Yury Ushakov told reporters on Thursday. “Documents to be signed after the meeting of the business council include an action plan for the […]