SOUTH AFRICA

Nelson Mandela

Mandela hospitalized, doctors say for respiratory trouble

Former South African President Nelson Mandela was flown from Cape Town to Milipark Hospital early this week where apparently Routine tests were being conducted but a beeline of his relatives from grandchildren to great-grandchildren raised eye brows about the health of the 92-year-old anti-apartheid hero.

G20 should better represent Africa: Botswana

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Africa should have a greater presence in the Group of 20 nations rather than be largely excluded and simply told how to run their economies, Botswana's central bank governor said on Thursday.
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Yoweri Museveni

Uganda's Museveni against UN on Ivory Coast

Uganda President Yoweri Museveni is against the United Nations' recognition of Alassane Ouattara as winner of Ivory Coast's election and wants an African Union probe into the poll, his spokesman said on Tuesday.
Mielie

S.Africa aims for Saudi, India maize deals

South Africa expects to seal a deal with buyers in Saudi Arabia and India for about 100,000 tonnes of its surplus maize before the end of February, a senior government official said on Monday.
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South Africa floods kill more than 100

Flooding in South Africa has killed more than 100 people over the last month, saturating farms in the major food producer for the continent and leading the government to declare 33 municipalities disaster areas.

Brazil urged to upgrade its ‘poor’ infrastructure

With two major international sports events, 2014 World Cup and 2016 Olympic Games, scheduled to be held in Brazil in the next five years, it’s high time the country should improve its “substandard” tourism infrastructure, according to the Brazil Tourism Report Q1 2011, released recently.
A file picture shows the South African twenty rand note.

S.Africa bonds extend losses, yields at 7-mth highs

South African government bonds sharply extended losses on Friday, a day after the central bank left interest rates unchanged and hinted it might have ended a cutting cycle as inflationary pressures rise.
Gill Marcus

S.Africa leaves repo rate at 5.5 percent

South Africa's Reserve Bank left its repo rate steady at 5.5 percent as expected on Thursday, citing an improving economic outlook and sustained recovery in domestic consumption.
Truworths

S.Africa retail sales jump in Nov

South Africa's retail sales growth expanded more than expected in November as consumer demand improved, further reducing lingering hopes that the central bank might cut its key repo rate on Thursday.
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Africa M&A surges to record $44 bln in 2010

Mergers and acquisitions activity in sub-Saharan Africa surged to a record $44 billion in 2010, double the value of a year earlier, Thomson Reuters data showed on Wednesday.

Australia government weighs levy for flood damage: report

Australia's government is reportedly considering a taxpayer levy to help pay for massive flood rebuilding, while preserving the budget's path back to surplus in 2012-13, as one major bank warned on Tuesday the damage bill could reach A$20 billion.
Yusuf Pathan (R) celebrates with teammate Rohit Sharma during a Twenty20 cricket match against Sri Lanka in Mohali in this December 12, 2009 file photo. The Board of Control for Cricket in India (BCCI) will not send a team to this year's Asian Games in Ch

Tailenders guide India home after Pathan blitz

Yusuf Pathan blazed a half-century but India still had to call on their tailenders to clinch victory over South Africa by two wickets in the third one-day international at Newlands on Tuesday.

Wage and inflation risks loom after Australia floods

Extensive reconstruction after Australia's floods risks fuelling a wages blow-out, as flooded states and the booming resource sector bid for scarce workers, which will in turn push up inflation and add pressure for a tightening of interest rates.

Haiti urged to arrest Baby Doc amid unrest fears

Rights groups on Monday demanded Haiti arrest former dictator Jean-Claude Duvalier for crimes against humanity after his surprise return from 25 years in exile, which strained an edgy political atmosphere in the volatile Caribbean state.

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