Acacia Mining said on Wednesday an employee and a former employee were detained by Tanzania’s anti-corruption authority, a week after the gold miner said another staffer had been released on bail after being charged with corruption.
Zimbabwe is reportedly now "food secure", and is likely not going to import maize as farmers have delivered over 1 million tons to the Grain Marketing Board (GMB) after a "successful Command Agriculture Programme".
South Africa's Rand weakened in early trade on Wednesday as the Dollar strengthened against most major peers, with the market awaiting domestic retail sales figures and minutes from the United States Federal Reserve’s latest policy meeting.
Oil prices extended gains into a fourth session on Wednesday, buoyed as industry data showed a surprise decline in US crude inventories and as geo-political tensions over the disappearance of a prominent Saudi journalist stoked supply worries.
Falling revenues and a recession mean South Africa will struggle to finance public services, the National Treasury said on Tuesday, as ratings agency Moody’s warned of the risks of rising government debt.