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May 27 2012 11:21
There's a price war raging between South Africa's cellphone networks after Cell C lowered the rates of its prepaid calls by more than 34%.
May 27 2012 13:09
The oversupply of golf estates has claimed another victim.
May 28 2012 07:53
The City of Cape Town has spent R175m running the Myciti bus service since the Soccer World Cup compared to an income of R35m, a report says.
Egypt - China says Beijing's growing trade relationship and investment in Africa is aimed at helping the continent achieve economic independence.
Commerce Minister Chen Deming says the investments are part of an effort to help African nations improve their people's livelihood.
Chen's remarks on Monday at a China-Africa summit in Egypt come a day after Premier Wen Jiabao pledged $10bn in new, easy-term loans to Africa.
Wen also dismissed as "untenable" criticism that his country was merely looking to plunder Africa's resources in its bid to fuel its growing economy.
The summit is scheduled to end on Monday with the signing of a new cooperation agreement.
- AP