South Africa's monthly manufacturing output contracted in April and mining production slowed, as electricity outages hit the strong recovery in economic activity seen earlier in the year.
UAE ratifies extradition deal with S. Africa as hunt for Guptas intensifies Reuters 1 hr ago
DUBAI, June 9 (Reuters) - The United Arab Emirates has ratified a 2018 extradition treaty with South Africa, its embassy in Pretoria said on Wednesday, a move that President Cyril Ramaphosa s government hopes will lead to the return of the Gupta brothers to face corruption charges.
South Africa signed the treaty with the UAE in late 2018, part of Ramaphosa s effort to crack down on those accused of corruption and influence peddling under his predecessor, Jacob Zuma.
It was ratified in April, UAE s embassy said in a statement.
South Africa's rand inched weaker on Friday, remaining on the back foot against a recovering dollar after upbeat U.S. weekly jobs data brought back bets of high lending rates by the Federal Reserve.
JOHANNESBURG South Africa’s rand inched down on Thursday, stepping back from a more than two-year peak hit in the previous session, as investors awaited key…
Botswana's Public Officers Pension Fund (BPOF), with 83 billion pula ($7.85 billion) in assets under management, has appointed South African advisory firm NMG Benefits to administrate the fund.