Edition:
United States

Wendell Roelf

Steinhoff's 'only way to survive': slim down, sell assets

Aug 13 2019

CAPE TOWN Scandal-hit Steinhoff's only hope for survival is to sell off assets to become a retail-focused holding company, it said on Tuesday, as it fights to recover from a $7 billion accounting fraud and share price crash.

South Africa sees new LNG import terminal ready by 2024

Jul 25 2019

CAPE TOWN, July 25 State-owned freight logistics firm Transnet plans to launch a tender next year for South Africa's first terminal to import liquefied natural gas (LNG) at Richards Bay port, with first gas expected to land in 2024, a senior official said on Thursday.

Far from Cape Town tourist sites, a gangland battle rages

Jul 23 2019

CAPE TOWN Convoys of armored vehicles and soldiers with assault rifles are patrolling gang-ridden streets in some suburbs of Cape Town as authorities seek to quell escalating violence that has killed hundreds of people this year. | Video

South Africa to deploy army to quell violent crime in Cape Town

Jul 12 2019

CAPE TOWN South Africa will shortly deploy a battalion of soldiers to help police quell a surge in violence in gang-infested parts of Cape Town, a step normally only taken over the Christmas and New Year period when crime spikes in the city's poorer neighborhoods.

Pfizer, Sanofi, to boost South African Biovac's vaccine output

Jul 02 2019

CAPE TOWN South Africa's Biovac Institute will start local production of Sanofi's Hexaxim vaccine next year and Pfizer's anti-pneumonia Prevnar 13 vaccine in 2021, boosting supply of life-saving drugs in its main market, its CEO said.

Pfizer, Sanofi, to boost South African Biovac's vaccine output

Jul 02 2019

CAPE TOWN, July 2 South Africa's Biovac Institute will start local production of Sanofi's Hexavalent vaccine next year and Pfizer's anti-pneumonia Prevnar 13 vaccine in 2021, boosting supply of life-saving drugs in its main market, its CEO said.

South Africa's Ramaphosa says Eskom too vital to fail

Jun 20 2019

CAPE TOWN South Africa's President Cyril Ramaphosa pledged on Thursday to speed up 230 billion rand ($16.11 billion) of support for ailing power utility Eskom, which he said was too vital to be allowed to fail.

Cape Town targets new air routes to lift South African tourism

May 31 2019

CAPE TOWN Cape Town plans to add routes to Australia and South America after last month reaching a deal with United Airlines for its first direct flight to the United States, the head of air access for South Africa's top tourist city said.

REFILE-Cape Town targets new air routes to lift South African tourism

May 31 2019

CAPE TOWN, May 31 Cape Town plans to add routes to Australia and South America after last month reaching a deal with United Airlines for its first direct flight to the United States, the head of air access for South Africa's top tourist city said.

South Africa's newly-elected Ramaphosa promises to work for all

May 22 2019

CAPE TOWN South African lawmakers elected Cyril Ramaphosa president on Wednesday, and he promised to create jobs and work for the interests of all citizens, not just members of the majority African National Congress (ANC).

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