South Africa's Pioneer Foods Group posted a 22 percent increase in full-year headline earnings per share (EPS) on Monday boosted by a strong performance in its Sasko bread division and higher margins.
De Beers, the world's largest diamond producer, expects banks to renew its $1.5 billion debt facility before it comes due in March next year, the firm said on Friday.
The FIFA soccer World Cup trophy is making its way through various African countries down to South Africa, the host nation of the 2010 World Cup.
U.N. nuclear watchdog governors voted on Friday to rebuke Iran for building a uranium enrichment plant in secret but Tehran dismissed the move as intimidation which would poison its negotiations with world powers.
Prime Minister Gordon Brown said he would lobby for support for his plan to make banks pay for any future bailout at a Commonwealth summit this week.
The African Development Bank (AfDB) said on Thursday it had loaned South African state owned utility Eskom 1.86 billion euros ($2.81 billion) to finance the construction of the Medupi power project.
South Africa's fixed-line phone group Telkom's plan to launch a new mobile phone business next year is not expected to boost profit significantly, an analyst said on Tuesday.
South African fixed-line phone group Telkom plans to spend 6 billion rand ($800 million) over five years to launch a mobile phone business as profits from its fixed-line business tumbled.
Petrochemicals group Sasol, the world's leader in making motor fuel from coal, plans to reduce its carbon footprint by capturing its emissions, producing solar power and making its plants more efficient.
Europe's biggest carmaker, Volkswagen, will almost double exports from its South African plant in 2010 under a 27 billion rand ($3.59 billion) global contract for right-hand drive models of its new Polo.
South Africa's existing automobile industry programme and its replacement scheme is expected to cut the trade deficit and contribute billions of dollars to gross domestic product by 2020, a government minister said on Friday.
Algeria took the final spot in the 2010 World Cup African qualifiers list after beating Egypt 1-0 in Khartoum, Sudan.
Coca-Cola Co said on Tuesday that international growth, cost savings, new marketing and innovation would be key as it plans to double its total system revenue by 2020.
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South African police do not have a license to shoot to kill, President Jacob Zuma said on Friday, but vowed the government would press on with a tough crackdown on rampant crime ahead of the 2010 FIFA World Cup.
Norman Borlaug, the father of the Green Revolution of the 1960s and 1970s, had only months to live when he received a visit from an old friend, Rob Fraley, chief of technology for Monsanto Co.
Somali pirates seized a Greek cargo ship and a Yemeni fishing boat in the latest attacks demonstrating their ability to evade international naval forces, gunmen and officials said Wednesday.
At first glance, Giuseppe Oglio's farm near Milan looks like it's suffering from neglect. Weeds run rampant amid the rice fields and clover grows unchecked around his millet crop.
Canada's Gold Wheaton Gold Corp said its Barbados unit agreed with First Uranium Corp to buy gold from its South African unit for an initial payment of $50 million.
Finance chiefs from the Group of 20 will discuss eventually unwinding emergency economic stimulus packages introduced over the last year, U.S. Deputy Treasury Secretary Neal Wolin said on Wednesday.
Adidas AG, the world's second-largest sports goods maker, is confident on consumer demand heading into the Christmas season and ahead of next year's soccer World Cup, after posting an in-line third quarter.
Mozambicans voted in presidential, parliamentary and provincial elections on Wednesday, with President Armando Guebuza expected to retain power and move to attract more foreign investors.
