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Thursday, 20th June 2019
3:01:18am

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SA finds a credit rating, once lost, is hard to regain

Lesetja Kganyago, then the top official at Treasury, was taking a break at Sugarloaf Mountain in Rio de Janeiro between two G-20 meetings in November 2008 when he got the bad news.

Barely three years after South Africa had managed to get its highest-ever investment-grade ratings from two of the three main credit-rating companies, the global…

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Triple suicide attack kills at least 30 in northeast Nigeria

At least 30 people were killed in a triple suicide attack in northeast Nigerian state of Borno, state emergency officials said on Monday - the biggest mass killing this year by Islamist militants.

No group has yet claimed responsibility for the attack, which prompted President Muhammadu Buhari to call for security to be stepped up in areas where…

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At least 161 dead in northeast Congo in apparent ethnic clashes

At least 161 people have been killed in a northeastern province of Democratic Republic of Congo in the past week, local officials said on Monday, in an apparent resurgence of ethnic clashes between farming and herding communities.

A series of attacks in Ituri province has mostly targeted Hema herders, who have long been in conflict with Lendu…

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Sudan's Bashir charged with corruption, in 1st appearance since April

Sudan’s ex-president Omar al-Bashir was charged with corruption-related offences on Sunday, as he appeared in public for the first time since he was overthrown and detained in April.

Looking much the same as prior to his removal by the military, he was driven to the prosecutor’s office in Khartoum.

He was charged with illicit possession of foreign…

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Former Zimbabwe first lady Grace Mugabe owns 16 farms

Grace Mugabe, the wife of Zimbabwe former president Robert Mugabe, owns 16 farms, in what is against the country's land policy which allows ownership of one farm per family.

This was revealed by President Emmerson Mnangagwa during a radio interview in Harare on Friday.

Using Grace Mugabe's monicker, Mnangagwa said, "I know of one lady "Stop It" who…

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