Home » Archives for Reuters » Page 8

Reuters

REUTERS international news agency provides news and information of the highest quality and editorial integrity.
Rassie Erasmus

South Africa’s Erasmus: Planning, Execution and Luck Can Win the World Cup

By Reuters 29-08-19 10:59

South Africa coach Rassie Erasmus believes the Springboks’ fate at the Rugby World Cup in Japan could be decided by fine margins such as the bounce of a ball, a missed tackle or a refereeing decision. Erasmus told Reuters in an interview that the team’s preparations, which included lifting the Rugby Championship for the first time in […]

eskom makes profit 2019

Eskom May Need More Bailouts by End-March, says South African Treasury

By Reuters 28-08-19 12:41

CAPE TOWN – The South African government may be forced to inject more money into state power firm Eskom by the end of March next year, should the struggling utility fail to meet its borrowing plan, a National Treasury presentation to parliament said on Wednesday. Treasury has already earmarked 59 billion rand ($3.9 billion) to […]

Siya Kolisi Wants to be Beacon of Hope for New Generation of Springboks

By Reuters 27-08-19 12:58

JOHANNESBURG – Springboks captain Siya Kolisi carries not only the weight of an expectant nation as he leads South Africa into the Rugby World Cup in Japan but also the hopes of millions of youngsters who dream of using sport to break the cycle of poverty. Kolisi was last year named South Africa’s first black […]

South Africa Risks Tax Revolt Over Government Corruption

By Reuters 26-08-19 12:30

JOHANNESBURG – South Africans could start withholding their tax payments due to years of corruption which might force the country to seek an international bailout, the chief of the revenue service said on Monday. South Africa has seen revenue collection fall sharply since 2015 due to weak economic growth and maladministration, leading President Cyril Ramaphosa […]

Tanzanian aeroplane seized in compensation case

South African Court Impounds Tanzanian Plane for Farmer Owed Compensation

By Reuters 25-08-19 19:10

DAR ES SALAAM/JOHANNESBURG – South African authorities impounded an Airbus 220-300 aircraft, leased by Tanzania’s national flag carrier, following a court application by a retired farmer who is owed compensation by the Tanzanian government, the farmer’s lawyer said. The plane had been scheduled to fly from the Oliver Tambo International Airport in Johannesburg, South Africa, […]

Brazil States Ask for Army’s Help as Record Fires Burn Amazon Rainforest

By Reuters 25-08-19 12:32

BRASILIA – Six states in Brazil’s Amazon region requested military help on Saturday to combat record fires that are tearing through the rainforest, provoking an international outcry because of the Amazon’s central role in combating global warming. The Amazon Rainforest – aka the “planet’s lungs” – produces 20% of the world’s oxygen. (Watch CNN’s video […]

eskom table mountain western cape

Splitting South Africa’s Eskom Could Take 4 Years

By Reuters 24-08-19 10:22

JOHANNESBURG – The legal separation of South African state power firm Eskom into three business units could take four years in total, the company said in an internal presentation seen by Reuters. South African President Cyril Ramaphosa promised to split Eskom into different units for generation, transmission and distribution earlier this year, as part of […]

Brazil’s Bolsonaro May Send Army to Fight Amazon Fires After Global Pressure

By Reuters 23-08-19 18:55

BRASILIA – Brazil’s President Jair Bolsonaro said on Friday he may mobilize the army to help combat fires sweeping through the Amazon rainforest, as international condemnation and pressure mounted for tough action to quell the unfolding crisis. Having first dismissed the fires as natural, then blaming non-governmental organizations without evidence for lighting them, Bolsonaro struck […]

South Africa’s Ramaphosa Calls for Discussion on Using Pension Funds for Projects

By Reuters 22-08-19 21:34

CAPE TOWN – South Africa should discuss using worker pension funds to finance development and infrastructure projects, a proposal that has the backing of the country’s largest labour federation, President Cyril Ramaphosa said on Thursday. In its 2019 poll manifesto ahead of the May general election, the African National Congress (ANC) mentioned investigating prescribed assets […]

Moody’s Sees Budget Cuts as Option for South Africa to Absorb Eskom Costs

By Reuters 22-08-19 20:07

JOHANNESBURG – South Africa is likely to absorb extra financial support for the struggling power utility Eskom with new revenue and expenditure measures in the next mid-year budget review, with departmental budget cuts an option, ratings agency Moody’s said on Thursday. “In any event, Moody’s sees the government’s room to maneuver as extremely constrained,” Moody’s […]

eskom-kriel-south-africa

South African Coal Town Kriel is One of Top SO2 Emissions Hot Spots, says NASA

By Reuters 20-08-19 14:24

JOHANNESBURG – South African coal mining town, Kriel, has been identified by satellite data from US space agency NASA as having one of the highest sulfur dioxide (SO2) emissions in the world. The only place with higher emissions is Russia’s Norilsk smelter complex. Scientists say that excessive exposure to SO2 particles causes long-term respiratory difficulties […]

Vodacom to Invest More than R9-Billion on South Africa Network this Year

By Reuters 16-08-19 11:19

JOHANNESBURG – South African mobile phone operator Vodacom Group will spend more than R9 billion ($589 million) this year on network enhancements particularly in rural areas in its home market, its Chief Technology Officer said on Thursday. Vodacom, majority-owned by Britain’s Vodafone, invested 9.6 billion rand in 2018, Andries Delport said during a media briefing. […]

President Ramaphosa Asks Public Protector for Reasons Why He Shouldn't Suspend Her

South Africa’s Public Protector Hit with Second Punitive Costs Order

By Reuters 15-08-19 19:31

A South Africa court on Thursday awarded a second punitive costs order against the country’s top anti-corruption official, Public Protector Busisiwe Mkhwebane, after finding an investigation conducted by her office showed “gross negligence”. Pretoria High Court Judge Ronel Tolmay ordered the Public Protector’s office to pay 85% of the costs of the Democratic Alliance and the Council for […]

South African Rand and Shares Bounce from Sharp Losses

By Reuters 15-08-19 11:34

The South African rand firmed early on Thursday, pulling back from a slide to its lowest in nearly 11 months as investors digested signs of global economic recession and looked to buy the currency at cheaper rates in anticipation of sharper falls. The rand was up almost 1% at 15.2250 against the U.S. dollar after a low of […]

Caster Semenya Says She Never Felt Supported by Other Women

By Reuters 14-08-19 16:21

JOHANNESBURG – South Africa’s double Olympic champion Caster Semenya, who has been locked in a battle over her testosterone levels with world athletics authorities, said on Wednesday that she has not felt supported by other women in sport. The South African athlete will not be able to defend her 800-metres title at the world championships […]

South African Private School Group Curro to Invest $14 Million in 4 New Campuses

By Reuters 14-08-19 13:49

JOHANNESBURG – South African private education firm Curro Holdings will invest 223 million rand ($14.66 million) in opening four new campuses, it said on Wednesday, after reporting a 44% rise in half-year headline earnings. Founded in 1998, Curro, which runs schools and tertiary institutions in South Africa, Botswana and Namibia, has been growing at a […]

South Africa’s Rand Slips to New 11-Month Worst as Local Politics Weigh

By Reuters 13-08-19 00:06

JOHANNESBURG – South Africa’s rand weakened on Monday, stretching losses to a new 11-month low as political uncertainty and a bleak economic outlook was worsened by uncertainty over the chances of a resolution to the trade standoff between Beijing and Washington. At 1515 GMT, the rand was 0.5% weaker at 15.3375 per dollar, its weakest […]

Tanzania Tanker Blast Kills Dozens as Crowd Siphons Fuel

By Reuters 12-08-19 11:21

DAR ES SALAAM – A fuel tanker exploded in eastern Tanzania on Saturday killing at least 60 people, authorities said, as flames ripped through a crowd that had gathered to siphon petrol from it. Video clips circulating on social media showed the charred remains of dozens of young men and burnt motorbikes. In footage from […]

Handre Pollard Shines as South Africa Clinch Rugby Championship

By Reuters 11-08-19 09:49

BUENOS AIRES – A Handre Pollard-inspired South Africa warmed up for the World Cup in superb style by beating Argentina 46-13 in the southern hemisphere’s Rugby Championship in Salta on Saturday to claim their first major international trophy in a decade. Flyhalf Pollard scored two of South Africa’s five tries, five penalties and three conversions […]

Ramaphosa Asks Court To Seal Documents in Legal Battle with Public Protector

By Reuters 10-08-19 13:04

JOHANNESBURG – Lawyers for South African President Cyril Ramaphosa have asked a court to seal financial records held by the Public Protector, the country’s corruption watchdog, because they were obtained unlawfully, online news site Times Live reported on Friday. Public Protector Busisiwe Mkhwebane said in July that Ramaphosa had “deliberately misled” parliament about a 500,000 […]

South Africa Puts Initial Universal Healthcare Cost at $17 Billion

By Reuters 09-08-19 11:57

South Africa published its draft National Health Insurance (NHI) bill on Thursday, with one senior official estimating universal healthcare for millions of poorer citizens would cost about 256 billion rand ($16.89 billion) to implement by 2022. The bill creating an NHI Fund paves the way for a comprehensive overhaul of South Africa‘s health system that would be one of […]

BREAKING: Ramaphosa Wins Court Case Against Public Protector

By Reuters 08-08-19 13:08

JOHANNESBURG – President Cyril Ramaphosa won a court case against the Public Protector Busiswe Mkhwebane on Thursday after a judge found he had acted reasonably in not immediately disciplining public enterprises minister Pravin Gordhan over a decision regarding the retirement of a tax official. Ramaphosa secured an interdict from the court, meaning he does not […]

1 6 7 8 9 10 27