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South Africa urges donors to reconsider Burundi aid cuts

South Africa urges donors to reconsider Burundi aid cuts

Burundi gained independence from Belgium in 1962.

South Africans must retain optimism: New Finance Minister

South Africans must retain optimism: New Finance Minister

Gordhan was Finance Minister of the country from 2009-2014.

Markets dismayed by new S African Finance Minister

Markets dismayed by new S African Finance Minister

The rand currency tumbled to record worst levels.

South African Q3 GDP expenditure basis grew by 1.7%

South African Q3 GDP expenditure basis grew by 1.7%

Finance Minister Nene singled out electricity shortages - partly blamed on mismanagement at Eskom - as a "binding constraint" on GDP growth, forecast at an anaemic 2% this year.

China, South Africa ink $6.5 bn deals during Xi visit

China, South Africa ink $6.5 bn deals during Xi visit

Zuma said on Wednesday that relations between the two nations were at their "best ever".

South Africa gears up to host China-Africa summit

South Africa gears up to host China-Africa summit

Beijing’s ties with Pretoria have flourished in the past decade with massive Chinese investment across the country and the African continent.

South African real GDP growth slowed to 1.0% y/y in Q3

South African real GDP growth slowed to 1.0% y/y in Q3

Treasury estimates that the lack of electricity supply reduces GDP growth by some 1 percentage point.

Indian Cabinet approves tripartite agreement to boost IBSA Fund

Indian Cabinet approves tripartite agreement to boost IBSA Fund

The IBSA Fund aids projects in least developed countries.

South African government warns of worsening drought

South African government warns of worsening drought

Major cities recorded their hottest day ever on Tuesday as a drought caused by the El Nino weather phenomenon drains water supplies.

South Africa unemployment rises to 25.5%

South Africa unemployment rises to 25.5%

The report could not have come at a worse time for President Jacob Zuma who is dealing with nationwide protests.