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Stay informed with the latest updates from South Africa and around the world. Our news section covers a wide range of topics including politics, social issues, crime, environment, global affairs, and human interest stories.

Angola bids for majority stake in De Beers

Angola has bid for a majority stake in Anglo American’s unit De Beers, a source familiar with the matter told Reuters on Friday, setting up a potential standoff with neighbouring Botswana, which also wants to take control of De Beers.

Intel shares jump as investments, cost cuts catapult turnaround efforts

Intel shares surged nearly 9% in premarket trading on Friday.

StanChart to sell Ugandan wealth, retail banking business to Absa

Standard Charteredhas agreed to sell its wealth and retail banking business in Uganda to South African (SA) lender Absa Group

China’s CMOC to invest $1.1 billion to expand its KFM copper mine in DRC

China’s CMOC Group will spend $1.08 billion to expand its KFM copper mine in the DRC

SA Reserve Bank stands firm on three percent inflation target

The South African Reserve Bank (SARB) is maintaining its commitment to a 3% inflation target

VW state that production secure for coming week despite chip dispute

Volkswagen produce as normal at its German sites