Ed's Feed
Jun 23, 2013

Mandela’s health worsens, condition now ‘critical’

JOHANNESBURG (Reuters) – Former South African president Nelson Mandela’s condition deteriorated to “critical” on Sunday, the government said, two weeks after the 94-year-old anti-apartheid leader was admitted to hospital with a lung infection.

The worsening of his condition is bound to concern South Africa’s 53 million people, for whom Mandela remains the architect of a peaceful transition to democracy in 1994 after three centuries of white domination.

Jun 14, 2013

Anti-Mugabe hackers attack website of South Africa’s ruling ANC

JOHANNESBURG (Reuters) – Hackers opposed to Zimbabwean President Robert Mugabe took out the website of the African National Congress (ANC) on Friday, accusing South Africa’s ruling party of a corrupt and bloodstained relationship with the former British colony’s leader.

The group also said it had successfully attacked the website of Zimbabwe’s Ministry of Defense “for the genocide slaughter of 20,000 ndebele people”.

Jun 10, 2013

Mandela’s condition remains ‘serious but stable’

JOHANNESBURG (Reuters) – Former South African president and anti-apartheid hero Nelson Mandela remained in hospital for a third day on Monday with a lung infection and his condition was “serious but stable”, unchanged from the weekend, the government said.

In a two-sentence statement, President Jacob Zuma repeated his call for the country to pray for the ailing 94-year-old, who became the first black leader of Africa’s biggest economy after historic all-race elections in 1994.

Jun 8, 2013

Mandela in “serious” condition in hospital

JOHANNESBURG (Reuters) – Former South African president and anti-apartheid hero Nelson Mandela was in a “serious but stable” condition on Saturday after being taken to hospital with a recurrence of a lung infection, the government said.

The 94-year-old, who became the first black leader of Africa’s biggest economy in 1994 after historic all-race elections, has been in hospital three times since December. He has been battling the infection for several days, a statement said.

Jun 8, 2013

Nelson Mandela in “serious” condition in hospital

JOHANNESBURG (Reuters) – Former South African president and anti-apartheid hero Nelson Mandela was in a “serious but stable” condition on Saturday after being taken to hospital with a recurrence of a lung infection, the government said.

The 94-year-old, who became the first black leader of Africa’s biggest economy in 1994 after historic all-race elections, has been in hospital three times since December. He has been battling the infection for several days, a statement said.

May 31, 2013

S.Africa’s Zuma takes a drubbing for run on rand

JOHANNESBURG, May 31 (Reuters) – The next time South African
President Jacob Zuma wants to talk up the economy, he might do
better to hold his tongue.

On Friday, a day after convening a “special” news conference
to try to stem this month’s dramatic slide in the rand and in
investor confidence in Africa’s biggest economy, Zuma found
himself being pilloried for doing the exact opposite.

May 17, 2013

Mine union threatens to bring South Africa to ‘standstill’

JOHANNESBURG (Reuters) – The leader of South Africa’s biggest platinum mining union threatened on Friday to bring Africa’s No. 1 economy “to a standstill” and demanded a meeting with President Jacob Zuma, ramping up the rhetoric in an 18-month labor crisis.

The rand, which tumbled to a four-year low against the dollar on Thursday on fears of a strike at Anglo American Platinum, extended its slide on concerns about further disruptions to an already struggling economy.

May 9, 2013

S. African military flexes muscles ahead of Congo mission

ROODEWAAL ARTILLERY RANGE, South Africa, May 9 (Reuters) -
S outh Africa’s air force showed off its military might on
Thursday with precision bombing and helicopter gunships firing
fusillades of rockets just days ahead of an unprecedented “peace
enforcing” deployment to eastern Congo.

Two months after 13 troops were killed by rebels in Central
African Republic in South Africa’s heaviest military losses
since the end of apartheid, Pretoria is gearing up to send 1,000
soldiers to Democratic Republic of Congo’s volatile border with
Rwanda and Uganda.

Apr 12, 2013

South Africa pitches “Gateway to Africa” image – not all agree

JOHANNESBURG (Reuters) – With its sophisticated banking system, decent roads and ports and top notch commercial courts, South Africa is pumping itself up as the ‘Gateway to Africa’, the ideal launchpad for foreign capital into the fast-growing but chaotic markets to its north.

However, the logic of tapping into the momentum of a “rising Africa” and finding alternatives to a flatlining Europe – currently the destination of nearly a third of South African exports – does not play well north of Pretoria.

Apr 9, 2013

South African fin min says central bank balancing growth with inflation “fairly well”

PRETORIA, April 9 (Reuters) – South Africa’s central bank
has done reasonably well to balance economic growth and the need
to create jobs while also pursuing its mandate to keep inflation
in check, Finance Minister Pravin Gordhan said on Tuesday.

The comments, in an interview as part of a Reuters
Investment Summit, suggest President Jacob Zuma’s administration
sees no need to encourage the bank to boost growth by loosening
monetary policy 12 months ahead of a general election.