South Africa in the news:
- TABLE-South Africa’s 3-month T-bill average yield drops to 7.29 percent: JOHANNESBURG, Aug 25 (Reuters) – South Africa sold 3.555 billion rand ($ 270 million) worth of three-month Treasury bills on Friday, at an average yield of 7.29 percent compared with 7.31 percent last week, central bank data showed. The bid-to-cover ratio …: “South Africa” – BingNews
- Cape Town and New York sign city partnership agreement: South Africa accounts for a nearly 30 percent share of African visitors to New York City. The United States is currently Cape Town’s second largest international source market. In 2015, 30 percent of arrivals to Cape Town from the US originated at or …: “South Africa” – BingNews
- Grace Mugabe make first public appearance since South Africa assault charge: HARARE (Reuters) – Zimbabwe’s first lady, Grace Mugabe, on Friday made her first public appearance since leaving South Africa where she was charged with assault. The wife of 93-year-old Robert Mugabe, a potential successor to the president, was granted …: “South Africa” – BingNews
- UPDATE 2-S.Africa’s Woolworths suffers first annual profit fall in eight years: A combination of a recession and political turmoil have eroded consumer spending power in South Africa and Woolworths is facing tougher competition in Australia from the likes of H&M, and new entrant Amazon and Shoprite. Woolworths plans to spend 2.1 …: “South Africa” – BingNews
- Motsepe’s African Rainbow Capital to challenge SA banking: South Africa’s four biggest banks, including Standard Bank Group and FirstRand, haven’t had to face competition in the consumer market since Capitec Bank was established more than 15 years ago. “The South African banking environment is due for a bit …: “South Africa” – BingNews