* Says monitoring Oct. budget statement closely
(Recasts, adds finance minister quotes on debt, stimulus)
PRETORIA South Africa's Special Investigating Unit (SIU) will investigate whether a kickback of more than 35 million rand ($2 million) was paid for a state contract with German software firm SAP, a spokeswoman for the unit told Reuters.
* German firm investigating its public-sector contracts
(Adds quotes, details)
JOHANNESBURG South African President Cyril Ramaphosa authorized a new investigation into a water ministry contract with German software firm SAP on Thursday, citing allegations that public money was spent unlawfully.
* Rand recovers some lost ground on current account data
(Adds Ramaphosa, c.bank, analyst quotes, details)
JOHANNESBURG South African state-run power utility Eskom closed in on a wage deal with trade unions on Friday, as two large unions sought a mandate from their members to agree to Eskom's latest salary offer after weeks of fraught negotiations.
JOHANNESBURG Russian President Vladimir Putin raised the subject of a nuclear deal at a private meeting with South African President Cyril Ramaphosa at the BRICS summit in Johannesburg, but his host said Pretoria could not sign such a deal for now.
JOHANNESBURG Chinese investors signed agreements to build a $10 billion metallurgical complex in South Africa during President Xi Jinping's state visit this week and hope to start construction next year, an executive involved in the project and a provincial official told Reuters.
JOHANNESBURG Leaders of the BRICS bloc of emerging economies, meeting in the wake of tariff threats by U.S. President Donald Trump, signed a declaration supporting an open and inclusive multilateral trading system under World Trade Organization rules at their summit in South Africa on Thursday.
JOHANNESBURG Chinese President Xi Jinping said there would be no winner in a global trade war, urging fellow developing powers on Wednesday to reject unilateralism in the wake of tariff threats by U.S. President Donald Trump. | Video