South African President Jacob Zuma has appointed minister of state security David Mahlobo as energy minister in a cabinet reshuffle, the presidency said on Tuesday. More »
South Africa's central bank has told top lenders they cannot fire auditor KPMG [KPMG.UL], entangled in a scandal involving friends of President Jacob Zuma, because it might undermine financial stability, two sources with knowledge of the matter said. More »
South Africa's tax agency said on Monday it will launch legal proceedings against KPMG for reputational damage caused when the auditor released details of a confidential report it had compiled for the tax office. More »
South Africa's President Jacob Zuma wants the African National Congress to identify and punish party members who voted against him in a no-confidence motion in parliament last week. More »
A man cycles in front of electronic boards showing Japan’s Nikkei average (R) and the Dow Jones average (L top) outside a brokerage in Tokyo, Japan, November 10, 2016. REUTERS/Toru Hanai Asian stocks handed back earlier modest gains and drifted lower on Monday... More »
An employee of a bank counts US dollar notes at a branch in Hanoi, Vietnam May 16, 2016. REUTERS/Kham The dollar edged higher against a basket of currencies on Monday, moving away from last week’s 6-1/2-month lows and shrugging off news of North Korea’s latest... More »
South Africa’s ruling African National Congress (ANC) on Friday welcomed a top court decision ordering the government to pay social grants on April 1 via its current provider, a bid to end a fiasco threatening the flow of benefits to 17 million people. More »
South African President Jacob Zuma speaks at the City Hall in Pietermaritzburg, South Africa, November 18, 2016. REUTERS/Rogan Ward South Africa’s scandal-plagued President Jacob Zuma is facing a vote of no confidence by the ruling party’s executive committee,... More »
South Africa’s Deputy President Cyril Ramaphosa and President Jacob Zuma stand during the playing of the national anthem at the opening of Parliament in Cape Town, in this February 11, 2016 file photo. REUTERS/Mike Hutchings/Files Deputy President Cyril Ramaph... More »
