Jul
17

South Africa Politics and News Monitor – Recession Worsens South Africa’s Chronic Unemployment (Washington Post)

Recession Worsens South Africa’s Chronic Unemployment (Washington Post)
KGOTSONG, South Africa — The economic crisis is causing South Africa, like many countries, to hemorrhage jobs. But its far deeper unemployment problem is represented not by pink slips but by the many people in this dusty rural township who do not work and never have.

Report: South Africa to be new home for QE2, icon of cruise world (USA Today)
A leading English language news outlet in the Middle East is reporting the owner of the legendary QE2 has settled on South Africa as the …

Liberty Holdings, UCS May Move: South Africa Equity Preview (Bloomberg)
July 17 (Bloomberg) — The following is a list of companies whose shares may have unusual price changes in South Africa. Stock symbols are in parentheses after company names and prices are from the last close.

South Africa’s 1st Saint? (Zenit News Agency)
TZANEEN, South Africa, JULY 17, 2009 ( Zenit.org ).- The first case for a South African native saint was advanced as officials concluded a diocesan inquiry into the life and death of Servant of God Benedict Daswa.

RLPC-South Africa’s MTN seeks $3.5 bln loan for Bharti-bankers (Reuters via Yahoo! Asia News)
LONDON, July 17 (Reuters) – South Africa’s MTN is in talks with a group of lenders to secure a $3.5 billion syndicated loan to back its proposed merger with India’s Bharti Airtel , banking sources close to the deal said.

South Africa Stocks: Gold Fields, Massmart Move in Johannesburg (Bloomberg)
July 17 (Bloomberg) — South Africa’s FTSE/JSE Africa All Share Index rose 94.10, or 0.4 percent, to 23,594.09 by 9:19 a.m. in Johannesburg. The measure is has risen 5.7 percent this week, heading for its second week of gains.

South Africa Investigating World Cup Stadium Tenders (Update1) (Bloomberg)
July 16 (Bloomberg) — South Africa’s Competition Commission said it’s investigating the award of multibillion rand tenders to build stadiums for next year’s soccer World Cup.

South Africa Stocks: Impala, Massmart, Old Mutual Shares Move (Bloomberg)
July 17 (Bloomberg) — South Africa’s FTSE/JSE Africa All Share Index rose 68.13, or 0.3 percent, to 23,568.12 by 12:28 p.m. in Johannesburg. The measure is has advanced 5.6 percent this week, heading for its second week of gains.

Adventurers wanted: WIN an adventure to South Africa with South African Airways (Independent)
In South Africa anything is possible. The dramatic landscape lends itself to adventure sports like paragliding and bungee jumping, while the native wildlife ensures that you can get up close and personal to everything from elephants, sharks and crocs to ostriches and meerkats.

Africa: It Looks Like All South Africa Affair (AllAfrica.com)
The signs are clear on the wall that Africa hockey heavyweights, South Africa, are on the threshold of retaining their titles as the African Hockey competition ends tomorrow.