| Africatime
Saturday 25 March 2017
(Gulfnews 03/25/17)
Legoete saw people with no medical insurance using private care in Bengaluru hospital. Portia Lekgoto faced a dilemma: how to take her three-year-old daughter to a doctor without missing a day of work while waiting in line at one of only two public health clinics in the South African shantytown of Diepsloot. She decided to take her daughter to Quali Health, a new private clinic that a friend had told her about. While she had to pay 250 rand (Dh73 or $19) for the visit, she finished the consultation by mid-morning. “I am going to now drop my daughter off at her granny with the medication we have been given and then I will go...
(Financial Times 03/24/17)
China’s oil companies move downstream as bid for upstream assets stumbles. Chinese oil companies are turning their focus to overseas retail and services markets, as slowing growth in domestic fuel demand makes their traditional home market less attractive. Sinopec this week agreed to buy Chevron’s 75 per cent stake in a Cape Town refinery, affiliated service stations and convenience stores in South Africa and Botswana for $900m. It was the only remaining bidder after a year-long tender process. The purchase puts Sinopec in the ranks of international oil companies including ExxonMobil, Royal Dutch Shell, Lukoil, Kuwait Petroleum and PTT of Thailand that operate petrol stations outside their borders. It also marks a shift among Chinese oil companies’ overseas investments from...
(Bloomberg 03/24/17)
The rally that made South Africa’s rand the world’s best-performing currency this year might be nearing its end, according to Old Mutual Investment Group. The currency gained 10 percent against the dollar in 2017, supported by higher prices for metals mined in Africa’s most industrialized economy, and expectations that gross domestic product growth will rebound from the slowest expansion since the 2009 recession. Together with a 13 percent advance last year, the rand is close to almost wiping out its...
(BBC News Africa 03/23/17)
A boy of 10 was forced to lie face down while his mother was subjected to a four-hour rape ordeal in a Johannesburg taxi, reports from South Africa say. He and his mother were allegedly tricked into boarding the minibus taxi before she was assaulted and ordered to hand over her bank card and PIN number by the three armed occupants. It is thought to be the latest in a string of attacks by the gang. The first reports of...
(Financial Times 03/22/17)
South African police have arrested three men over a break-in at the offices of the country’s chief justice which has shaken confidence in the independence of its judiciary. Khomotso Phahlane, the acting national police commissioner, said on Wednesday that despite the arrests, the police had not yet recovered computers stolen from Chief Justice Mogoeng Mogoeng’s office which contained sensitive personal files on judges. Saturday’s break-in has raised the alarm among civil-society groups and opposition parties in South Africa as it...
(Bloomberg 03/21/17)
South Africa has proposed a new law banning foreigners directly buying agricultural land in the country as the government seeks to boost ownership for the black majority. Non-residents will be allowed to take long leases on the properties or the land should be majority owned by a black South African, according to the Regulation of Agricultural Land Holdings Bill, published in the Government Gazette on Friday. The proposal is open for public comment until April 17. The ruling African National...
(Bloomberg 03/20/17)
South Africa’s President Jacob Zuma will chair an inter-ministerial committee set up to ensure social grants are paid to recipients on time after the government was criticized for leading the system close to failure. The committee will consist of ministers including Pravin Gordhan, minister of finance, and Bathabile Dlamini, minister for social development, who has been criticized for her handling of the payment process, the government said Saturday in a statement. It will ensure the government implements a court order...
(Voice of America 03/18/17)
South Africa, long a haven for migrants from across Africa, is trying to update its immigration policy with a number of changes, which one official says aims to strike a balance between being welcoming of immigrants and keeping the nation safe. Among the policy changes being considered: the creation of processing centers for asylum-seekers along South Africa’s border; the end of an automatic path from long-term residency to citizenship; the introduction of a points-based system intended to attract highly skilled immigrants and the elimination of some visa requirements for African citizens.
(Voice of America 03/18/17)
About two years ago, blues-folk artist Alice Phoebe Lou gave a performance in a park in Berlin, looking for donations as a street entertainer. A listener invited her to perform at a function. Her career has since taken off. Last year, she released her debut record, and on Wednesday she played one of the world's premier music festivals: the South by Southwest event in Texas. Lou is just one of a growing list of South African musicians who've felt compelled...
(Voice of America 03/18/17)
Each year, the University of Southern California hosts the African Global Economic and Development Summit, bringing delegations from Africa to meet with business leaders, government officials and others in the U.S. But this year, the African summit has no Africans. All were denied visas. Visa issues are not uncommon for people traveling from African nations. During her prior three summits, Mary Flowers saw a high percentage of her attendees unable to attain visas. "Usually we get 40 percent that get...
(Voice of America 03/17/17)
One of the enduring legacies of the Barack Obama presidency will be the relationship built between the United States and young Africans. As part of Obama’s Young African Leaders Initiative (YALI), each year 1,000 young people from sub-Saharan Africa travel to the United States to spend six weeks at a U.S. college or university. The program will continue this summer. But building enduring relationships is a two-way street, and many in Africa want to see Americans coming to their continent...
(Bloomberg 03/16/17)
One of the most influential leaders of South Africa’s ruling African National Congress backed a suggestion by President Jacob Zuma that the state be allowed to expropriate land without having to pay for it. The ANC in Kwazulu-Natal, which has the most ANC members of the nine provinces, will be pushing for the sanctioning of land seizures at a party policy conference that begins June 30, said Sihle Zikalala, the party’s regional chairman. “As KwaZulu-Natal, our proposition is expropriation of...
(Bloomberg 03/16/17)
Portia Lekgoto faced a dilemma: how to take her three-year-old daughter to a doctor without missing a day of work while waiting in line at one of only two public health clinics in the South African shantytown of Diepsloot. She decided to take her daughter to Quali Health, a new private clinic that a friend had told her about. While she had to pay 250 rand ($19) for the visit, she finished the consultation by mid-morning. “I am going to...
(AL Jazeera 03/15/17)
S Africa's decision to revoke its notice of withdrawal from the ICC does not mean the matter is conclusively settled. South Africa has been summoned to appear before the International Criminal Court on April 7 to answer for its failure to arrest President Omar al-Bashir of Sudan during his visit to the country in June 2015. This announcement came only days after South Africa informed the United Nations of its decision to revoke its withdrawal from the court. In October...
(AL Jazeera 03/15/17)
'Early warning' system established between two countries after spate of xenophobic attacks on migrants in South Africa. South Africa says it will launch an "early warning" system with Nigeria to track and deter xenophobic attacks following a surge in violence in the rainbow nation. South Africa's Foreign Minister Maite Nkoana-Mashabane said the new monitor would "help prevent violence" against foreigners and their businesses as she met with Geoffrey Onyeama, her Nigerian counterpart on Monday. Last month, more than 20 shops...
(The Wall Street Journal 03/15/17)
Ndalo Media founder Khanyi Dhlomo and Mara Group founder Ashish Thakkar on where the potential is and what’s blocking it How is innovation in Africa different from innovation in Silicon Valley? And how can innovation in Africa be encouraged? Dan Keeler, frontier-markets editor of The Wall Street Journal, discussed those questions with Khanyi Dhlomo, founder and chief executive of Ndalo Media, a publisher based in South Africa, and Ashish Thakkar, founder of Mara Group, a pan-African investment group with operations...
(AL Jazeera 03/14/17)
'Early warning' system established between two countries after spate of xenophobic attacks on migrants in South Africa. South Africa says it will launch an "early warning" system with Nigeria to track and deter xenophobic attacks following a surge in violence in the rainbow nation. South Africa's Foreign Minister Maite Nkoana-Mashabane said the new monitor would "help prevent violence" against foreigners and their businesses as she met with Geoffrey Onyeama, her Nigerian counterpart on Monday. Last month, more than 20 shops were targeted in Atteridgeville, 120km west of Pretoria, while in Rosettenville, an area south of the commercial capital Johannesburg
(Bloomberg 03/14/17)
The crisis swirling around South Africa’s system of welfare payments to the poorest third of its people has become a game of chicken. Social Development Minister Bathabile Dlamini insists that Net1 UEPS Technologies Inc. must continue to distribute the payments after its contract, which the Constitutional Court ruled illegal, expires on March 31. An inter-ministerial task force voided a new agreement between the South African Social Security Agency and Net1, and will conduct future talks with the company. Net1 said...
(Bloomberg 03/14/17)
South Africa’s banks have gone on the offensive after being criticized by some politicians over their lending practices and records in addressing racial inequality. Attacks on the lenders have been led by President Jacob Zuma, who’s accused them of monopolizing the financial services industry, and questioned whether they colluded when closing accounts belonging to members of the wealthy Gupta family, who are his friends and are in business with his son. Parliament’s finance and trade and industry committees held hearings...
(NPR 03/14/17)
Conservationists are sounding the alarm over a South African proposal that would legalize and regulate the domestic trade of rhinoceros horn, as well as allow some limited exports. A public comment period ended last week on the draft regulations from the Department of Environmental Affairs, published on Feb. 8 in the official government gazette. "South African rhino breeders want the government to legalize the sale so, they say, they can flood the market and decrease the cost of rhino horn,"...

Pages