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United States

Alexander Winning

UPDATE 3-Moody's sees little chance of South Africa downgrade

Sep 13 2018

* Says monitoring Oct. budget statement closely (Recasts, adds finance minister quotes on debt, stimulus)

South Africa to probe whether kickback was paid for SAP contract

Sep 12 2018

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.

UPDATE 1-South Africa to probe whether kickback was paid for SAP contract

Sep 12 2018

* German firm investigating its public-sector contracts (Adds quotes, details)

South Africa launches new probe into state contract with Germany's SAP

Sep 06 2018

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.

UPDATE 2-Ramaphosa says South Africa to recover from recession soon

Sep 06 2018

* Rand recovers some lost ground on current account data (Adds Ramaphosa, c.bank, analyst quotes, details)

South Africa's Eskom closes in on wage deal with unions

Aug 03 2018

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.

Russia's Putin raises nuclear deal at Ramaphosa meeting during BRICS

Jul 30 2018

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.

Chinese investors plan $10 billion metallurgical complex in South Africa

Jul 27 2018

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.

BRICS emerging economies reaffirm support for multilateral trade under WTO rules

Jul 26 2018

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.

Xi urges fellow BRICS countries to reject go-it-alone trade

Jul 26 2018

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

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