South Africa

Mandela spends 12th day in hospital

Nelson-MandelaPretoria, June 19 : Anti-apartheid icon and South Africa's first black president Nelson Mandela Wednesday spent his 12th day in hospital -- with no official update about his condition.

Mandela is receiving treatment at the Mediclinic Heart Hospital in Pretoria, Xinhua reported.

The latest news about Mandela's health came from his daughter Zenani Mandela-Dlamini, who had said Monday that the former president "is doing very well".

Zenani was the second family member who commented on Mandela's condition.


Progress in Mandela's condition, says Zuma

Jacob-ZumaJohannesburg, June 12 : South African President Jacob Zuma Wednesday announced progress in Nelson Mandela's health condition as the former leader spent his fifth day in hospital, reported Xinhua.

Zuma told parliament that the 94-year-old former president is "responding better to treatment" after "difficult days" since he was hospitalized on Saturday.(IANS)


Mandela hospitalised again for lung infection

Nelson-MandelaJohannesburg, June 8 : Anti-apartheid icon and South Africa's first black president Nelson Mandela was hospitalised Saturday, following a "recurrence of lung infection", the Presidency said.

"During the past few days, Mandela has had a recurrence of lung infection," Xinhua quoted the Presidency as saying in a statement.

"This morning (Saturday) at about 01.30 a. m., his condition deteriorated and he has been transferred to a Pretoria hospital," the Presidency said.


Indian-origin man named CEO of South African gold mining firm

Srinivasan-VenkatakrishnanDurban, May 8 : South African gold-mining company AngloGold Ashanti has appointed Indian-origin Srinivasan Venkatakrishnan as it new chief executive officer with immediate effect.

"We're extremely pleased to have an executive of Mr Venkatakrishnan's calibre to lead AngloGold Ashanti through the next phase of its development," Tito Mboweni, chairman of the Johannesburg-headquartered firm said in a statement Wednesday.


Tesla Motors changes financing strategy for electric sedan

Tesla Motors changes financing strategy for electric sedanSouth African billionaire Elon Musk led Tesla Motors is planning to change the financial strategy for its Model S electric sedan following concerns that the plan surpassed potential cost savings.

Musk said that the company will work to ensure that Model S resale value is the highest of any premium sedan brand on the market. The company will now allow customers to replay loans in 72 months to repay the loan instead of


Now, Indian-origin family wedding gets racism slur

Vega-GuptaDurban, May 3 : A wedding in an influential Indian origin family in South Africa got further mired in controversy after allegations of racism at the event.

The Congress of South African Trade Unions (COSATU) has levelled allegations of racism against guests in the Gupta family wedding at Palace of the Lost City five-star hotel in Sun City.


Mandela's condition 'satisfactory', says Presidency

Mandela's condition 'satisfactory', says PresidencyJohannesburg, April 16 : The condition of anti-apartheid icon and former South African president Nelson Mandela was "satisfactory" following his discharge from hospital earlier this month, the Presidency said.

"He's stable. There's nothing to be concerned about. The doctors have not indicated anything to be concerned about," Xinhua quoted presidential spokesman Mac Maharaj as saying.


Delays in improving broadband is impacting economy, WEF

Delays in improving broadband is impacting economy, WEFThe World Economic Forum (WEF) has said in its new report, which was published on Thursday, that the government delays in bringing improvements to the broadband network in South Africa is having a negative impact on the economic growth.


South Africa’s revenue in the 2012/13 fiscal is higher than estimated

South Africa’s revenue in the 2012/13 fiscal is higher than estimatedSouth African Finance Minister Pravin Gordhan has said that the government had collected higher revenue during the 2012 -2013 fiscal year than previously estimated as part of the annual budget in February.


Mandela's condition improving steadily

Nelson-MandelaJohannesburg, April 3 : Former South African president Nelson Mandela continued to make steady improvement in hospital, the presidency said Wednesday.

Doctors are happy with Mandela's progress, presidential spokesman Mac Maharaj said.

"His doctors say he continues to respond satisfactorily to treatment and is much better now than he was when he was admitted to hospital March 27, 2013," Xinhua quoted Maharaj as saying.

"He has been visited by family and continues to make steady progress."


Telkom appoints Sipho Maseko as new CEO

Telkom appoints Sipho Maseko as new CEOTelecom service provider, Telkom has said that it has appointed Sipho Maseko as its new Chief Executive Officer (CEO) of the troubled fixed line company.

Maseko, who has been working as a managing director of Vodacom, has said that he is privileged to join the company and pledged to work with the chairman, the board and staff to address the problems of the company and boost growth. The company had recently announced a voluntary early retirement process for its employees in order to save costs and strengthen its financial position in the South African market.


Mandela's treatment continues at hospital

Mandela's treatment continues at hospitalJohannesburg, April 1 - Former South African president Nelson Mandela continued to receive treatment in hospital four days after re-admission due to the recurrence of his lung infection, the presidency said.

Mandela, 94, was re-admitted to hospital March 28.

"The Presidency has been advised by the doctors that former president Nelson Mandela had a restful day and continues to receive treatment," Xinhua quoted presidential spokesperson Mac Maharaj as saying.


Study: TV continues to attract more people hunting for news than smartphones, tablets and PCs

Study: TV continues to attract more people hunting for news than smartphones, tablets and PCsAccording to the findings of a study by BBC World News, television continues to the primary device for users on the news front, especially in `Breaking News' situations; notwithstanding the increasing usage of smartphones, tablets and PCs for hunting news.


Nelson Mandela in good spirits: presidency

Nelson Mandela in good spirits: presidencyJohannesburg, March 30 - Former president Nelson Mandela was in good spirits after recovering from lung infection at a Pretorial hospital, the South African presidency said Friday.

"Mandela enjoyed a full breakfast this morning, and the doctor reported that he is making steady progress," Xinhua quoted a statement from the presidency as stating and adding that he "remains under the treatment and observation".

The 94-year-old was admitted to hospital just before Wednesday midnight due to recurrence of his lung infection.


Travel restrictions on Pistorius lifted

Oscar-PistoriusCape Town, March 29 : The Pretoria High Court lifted travel restrictions on paralympian Oscar Pistorius, allowing him to take part in international competitions on certain conditions.

Soon after the decision was made Thursday, Pistorius' agent Peet van Zyl said the double amputee may target championships in sports tournaments, the world championships in Moscow in August in particular, reports Xinhua.


'Mandela responding to medical treatment'

'Mandela responding to medical treatment'Johannesburg, March 29 : Former South African president Nelson Mandela was responding to medical treatment for a recurrence of a lung infection, the presidency said late Thursday.

The 94-year-old, who served as South African president from 1994 to 1999, was hospitalised Wednesday night. He spent 27 years in prison before being elected the country's first black president after the end of apartheid.

"He remains under treatment and observation in hospital," Xinhua quoted the presidential spokesperson, Mac Maharaj, as saying.


Manmohan leaves Durban after BRICS summit

Manmohan-SinghDurban, March 28 : Indian Prime Minister Manmohan Singh Thursday flew out of Durban after attending the two-day BRICS summit, where he also interacted with Chinese President Xi Jinping.

The leaders of BRICS countries -- Brazil, Russia, India, China and South Africa -- gathered here for the summit whose theme was "BRICS and Africa: Partnership for Development, Integration and Industrialisation".

Manmohan Singh had two significant meetings with Xi -- one on the margins of the BRICS Summit Wednesday and the other a more structured two-way engagement hours later.


Durban Summit delivers a BRICS development bank

BRICS-bankDurban, March 27 : In a clear signal of their ascendance in the geopolitical space, the leaders of Brazil, Russia, India, China and South Africa Wednesday gave their go-ahead to a BRICS bank, rivalling the World Bank and the International Monetary Fund (IMF), to address the development challenges of poor and emerging economies.

The leaders, who met for the 5th BRICS Summit here -- where the Indian delegation was led by Prime Minister Manmohan Singh -- also endorsed a $100-billion contingency reserve arrangement that will be deployed when any of the five member-nations faces a crisis.


Chinese president meets BRICS business leaders

Xi-JinpingDurban, March 27 : Chinese President Xi Jinping attended Wednesday a breakfast meeting between political and business leaders of BRICS.

The gathering came on the sidelines of the fifth summit of BRICS, an emerging-economy group consisting of Brazil, Russia, India, China and South Africa, reports Xinhua.

South Africa, host of the summit, has said that the creation of a BRICS Business Council will be announced at the breakfast meeting.

Xi, on his first trip abroad as Chinese president, is expected to outline China's viewpoints on BRICS-Africa cooperation.(IANS)


BRICS finance ministers agree on bank

BRICS-bankDurban, March 26 : Finance ministers of Brazil, Russia, India, China and South Africa have agreed on a BRICS bank on the lines of the World Bank and the International Monetary Fund (IMF) that will address the development needs of emerging and poor economies.

"It's done," South Africa's Finance Minister Pravin Gordhan told reporters here after a meeting with his counterparts from the other four BRICS countries - Brazil, Russia, India and China. Finance Minister P. Chidambaram represented India at the meeting.

"We made very good progress," Gordhan said.


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