Peroshni's Feed
Mar 18, 2011

Swazi police out in force ahead of protest

MBABANE (Reuters) – Swazi police flooded the streets of the tiny southern African kingdom’s capital Friday ahead of a protest by unions, civil servants and students calling on the government to resign.

Swaziland is in the grip of a serious financial crisis and civil servants fear they will not be paid this month after Africa’s last absolute monarchy suffered a huge drop in income from the Southern African Customs Union.

Feb 17, 2011

Madagascar’s deposed leader says to return home

JOHANNESBURG (Reuters) – Madagascar’s deposed president Marc Ravalomanana said on Thursday he would risk arrest and return home, in a move likely to stoke tensions in a two-year leadership row on the Indian Ocean Island.

Ravalomanana made the announcement in South Africa, where he has lived in exile since 2009 when President Andy Rajoelina, backed by the military, seized power in Madagascar.

Jan 28, 2011

Mandela leaves hospital after treatment

JOHANNESBURG (Reuters) – Former South African President Nelson Mandela left hospital on Friday after treatment for an acute respiratory infection, officials said.

Mandela, 92, was admitted on Wednesday, prompting fears for the anti-apartheid icon who led South Africa as its first black president and is revered at home and abroad as a symbol of reconciliation and hope.

Jan 28, 2011

Nelson Mandela leaves hospital after treatment

JOHANNESBURG (Reuters) – Former South African President Nelson Mandela left hospital Friday after treatment for an acute respiratory infection, officials said.

Mandela, 92, was admitted Wednesday, prompting fears for the anti-apartheid icon who led South Africa as its first black president and is revered at home and abroad as a symbol of reconciliation and hope.

Jan 27, 2011

S.Africa’s Mandela recovering from collapsed lung

JOHANNESBURG (Reuters) – Former South African President Nelson Mandela is recovering from a collapsed lung and could be released from hospital as early as Friday, a source close to Mandela told Reuters on Thursday.

The 92-year-old anti-apartheid icon was admitted to a Johannesburg hospital on Wednesday for what his foundation described as routine tests.

Jan 27, 2011

Nelson Mandela recovering from collapsed lung

JOHANNESBURG (Reuters) – Former South African President Nelson Mandela is recovering from a collapsed lung and could be released from hospital as early as Friday, a source close to Mandela told Reuters on Thursday.

The 92-year-old anti-apartheid icon was admitted to a Johannesburg hospital on Wednesday for what his foundation described as routine tests.

Jan 24, 2011

Analysis – South Africa’s Zuma back in the driving seat

JOHANNESBURG (Reuters) – After a rocky start, South African President Jacob Zuma enters his third year in office with a firm grip on power and grand plans to transform Africa’s largest economy.

Investors worry that the government’s call to end corruption will be given lip service, with Zuma doing little to end deals that critics say benefit his allies in the ANC and in business.

Dec 21, 2010

COSATU to press Wal-Mart over S.Africa conditions

JOHANNESBURG, Dec 21 (Reuters) – South Africa’s largest and
most politically connected labour federation COSATU will meet
U.S. retailer Wal-Mart (WMT.N: Quote, Profile, Research, Stock Buzz) to set terms for its operations
in Africa’s largest economy, a top union official said.

The world’s biggest retailer said in November it would pay
$2.3 billion for a controlling stake in local retailer Massmart
(MSMJ.J: Quote, Profile, Research, Stock Buzz), giving it a substantial presence in South Africa and
paving the way for further expansion across the continent.

Dec 14, 2010

S.Africa, Angola sign energy deal in historic visit

PRETORIA, Dec 14 (Reuters) – South Africa and oil-producing
Angola took a step away from decades of friction on Tuesday by
signing an energy deal during the first state visit of Angola’s
long-standing leader to the regional economic power.

South Africa is looking for new sources of oil to help power
the continent’s leading economy and has eyed Angola — Africa’s
second-biggest oil producer — as a potential new supplier.

Dec 6, 2010

S.Africa’s World Cup brought in less money than expected

JOHANNESBURG (Reuters) – The soccer World Cup helped to rebrand South Africa but brought in far less money than anticipated, officials said on Monday.

Tourism during the June-July tournament brought in some 3.6 billion rand ($519.6 million), far less than the government had initially expected, Tourism Minister Marthinus van Schalkwyk told reporters.