JUBA - South Sudan's army has retaken an eastern town captured by rebels two weeks ago, a military spokesman said on Monday, in a conflict that has uprooted thousands of people and hampered government plans to explore for oil.
Recent Africa News
JOHANNESBURG, May 20 - South African industrial group Barloworld Ltd boosted first-half profit by a third on Monday, as a solid result in its Russian mining equipment business offset slack demand at home.
JOHANNESBURG, May 20 - South African mass market lender African Bank Investments posted a 26 percent drop in first-half earnings on Monday, hit by rising bad debts from its heavily leveraged customers.
JOHANNESBURG, May 20 - South Africa's African Bank Investments is likely to see a full-year loss for its retail furniture business, as demand from cash-strapped consumers wanes, its chief financial officer said on Monday.
JOHANNESBURG, May 20 - South Africa's Vodacom Group reported a 23 percent rise in full-year profit on Monday underpinned by a strong performance by its African subsidiaries and growth in data usage.
JOHANNESBURG, May 20 - African Bank Investments Ltd : * Says H1 headline earnings per share of 125,7 cents versus 170,4 cents) * Says ordinary dividends per share of 25 cents (H1 2012: 85 cents) * Says 25% growth in advances to R59 billion * Says faves potential R300 million fine from national credit regulator * Says no provision has been made in these results for any potential fine * Says bad debt charge is expected to remain elevated for the rest of the year