The new BCCI president N. Srinivasan on Monday ruled out any formal inquiry into the team's abysmal performance on their tour of England.
Brazil will propose that it and other large emerging market countries make billions of dollars in new funds available to the International Monetary Fund as a way to help ease the crisis in the euro zone, an official said on Monday.
South Africa's ruling African National Congress (ANC) delayed presenting to parliament a widely criticised state-secrecy bill that makes the jailing of whistleblowers legal, lawmakers said on Monday.
Madagascar will arrest exiled former president Marc Ravalomanana if he returns to the Indian Ocean island, a senior cabinet minister said a day after signing a road map aimed at holding elections within a year.
The BRICS emerging market powerhouses have already bought debt through the European Financial Stability Facility and could buy more, a potential help to struggling euro zone economies, a Brazilian newspaper reported on Monday.
The BRICS emerging market powerhouses have already bought debt through the European Financial Stability Facility and could buy more, a potential help to struggling euro zone economies, a Brazilian newspaper reported on Monday.
Diamond producer De Beers expects global demand growth for rough diamonds to set a new record this year on the exceptionally strong performance of its key U.S. market and robust demand in China and India, the head of the company's distribution arm said.
South Africa's main mine workers union said on Friday separate wage talks with Exxaro Resources and Impala Platinum , the world's second-largest platinum producer, had deadlocked but strike action was not imminent.
South African energy minister Dipuo Peters said on Thursday she had signed off on a proposal for new nuclear power plants, likely worth tens of billions of dollars, and said it would be presented to cabinet soon.
South Africa's government bonds reversed losses on Thursday and yields fell as investors drifted back into local debt to snap up bargains following a couple of days of heavy selling when risk aversion hit emerging markets.
South African President Jacob Zuma will appoint a commission to investigate a multi-billion dollar arms deal, his office said on Thursday, in a new probe into corruption allegations against several companies and top officials including Zuma himself.
Gadhafi told the world that his four-year-old girl died during the Regan-era bombing raids on Libya in 1986. But is she alive, living in Tripoli as a doctor?
One of the most powerful weapons in a South African politician's arsenal may be silenced after a court ruled this week that songs once used to rally support against apartheid could be considered hate speech in the country's new democracy.
South Africa is confident that a recently launched bidding process for renewable energy will lead to the addition of 3,725 megawatts (MW)of green energy to the national grid by 2016, despite previous delays, a senior government official said.
Brazil's proposal to support the crisis-hit euro zone garnered only lukewarm support from fellow BRICS countries on Wednesday, as doubts mounted whether the five emerging market powers have the political will or financial clout to throw a lifeline to Europe.
Moody's cut the credit ratings of two French banks on Wednesday because of their exposure to Greece's debt, highlighting growing risks to Europe's financial sector from a deepening euro zone sovereign debt crisis.
South Africa's Aspen Pharmacare could spend some $800 million on acquisitions, its deputy CEO said, as Africa's biggest generic drugs maker looks for further targets, particularly in Latin America.
Lopes a business student was born in the Benguela Province, Angola. She beat out about 21 others in her home country in order to represent Angola in São Paulo, Brazil.
South Africa's National Union of Mineworkers (NUM) said on Tuesday it had declared a wage dispute with DRDGold , the nation's fourth largest gold producer.
The 5 ft 10 1/2 inches tall beauty is also the fourth African woman to win the title. The last African to win is Mpule Kwelagobe, Miss Universe 1999 from Botswana. Other winners came from Namibia (1992) and South Africa (1978).
South Africa's rand steadied against the dollar on Tuesday after falling more than 2.6 percent overnight, while bonds also recouped some losses although local assets remained vulnerable to renewed global risk aversion.
FirstRand, South Africa's second-biggest bank, posted a 22 percent rise in full-year earnings, buoyed by a sharp drop in bad debts, and said it would pay a special dividend.
