Investing in South Africa

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World Briefing | Africa: South Africa: 31 Die After Circumcisions

New York Times 7 hrs ago

Thirty-one teenagers died from complications after botched circumcision rites in the rural Eastern Cape region.

Philip Morris Agrees to Buy Swedish Match South Africa Unit

Bloomberg Jul 2

Philip Morris International Inc., the world’s largest publicly traded tobacco company, agreed to buy Swedish Match AB’s South African unit for 1.75 billion rand ($224 million) to expand in the African country.

Philip Morris Int'l (PM) to Acquire Swedish Match South Africa for $222M

StreetInsider.com Jul 2

Swedish Match sells S.African ops to Philip Morris

Reuters Jul 2

* Sells S. African ops to Philip Morris for 1.75 bln rand

South Africa Mandating Proof of ID for SIM Card Purchases

Cellular News Jul 1

South African's buying a prepay SIM card from today will need to provide proof of identity to the retailer under new legislation that has come into effect.

Investment on platinum metals to remain healthy

Commodity Online Jul 1

In their annual CPM Platinum Group Metals Yearbook 2009 CPM analysts suggested Many of the present concerns faced by the South African platinum industry are not expected to be resolved any time soon. Many of the problems associated with mining in...

SA rand rises against dollar

Commodity Online Jun 30

South Africa's currency the rand hit its strongest level since early September against the dollar on Tuesday due to increased investor risk appetite while stock futures pointed to a positive start on the bourse.

Telecoms specialists can still find well paid jobs - if they are prepared to travel

Cellular News Jun 30

Brazil, Nigeria and South Africa are the top three countries to find a job in telecoms in 2009 according to recruitment consultancy, NetworkersMSB.

Constant Fear and Mob Rule in South Africa Slum

New York Times Jun 29

Crime in South Africa is often portrayed as an onslaught against the wealthy, but it is the poor who are conveniently accessible to criminals.

Aurobindo sues South Africa over contract

FiercePharma Jun 29

Aurobindo Pharma is suing South Africa over an AIDS drug supply contract, saying that its bid was superior to those the government accepted. India's Aurobindo claims that its prices were almost one-third lower than products from the South African...

SA rand slides against dollar

Commodity Online Jun 29

South Africa s currency the rand was a fraction weaker in early African trade Monday but will likely hold at the R7.80 to the dollar level.

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Investing in South Africa

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