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283 stories
Africa Nigeria’s naira set to devalue

Nigeria's naira is expected to lose around a third of its value when market trading begins on Monday, bringing to an end the central bank's much-criticised fixed exchange…

20 Jun 2016 · 07:27
Community ‘Virgin bursaries’ scheme ruled unconstitutional

JOHANNESBURG - A controversial scheme offering university scholarships to young South African women who remain virgins is unconstitutional, the Commission for Gender Equality ruled on Friday.

20 Jun 2016 · 07:11
Townpress Sports Coach’s tongue-lashing sparks Springbok revival

JOHANNESBURG - Smart halftime changes and a tongue lashing from new coach Allister Coetzee proved the catalyst for a rousing second-half comeback as South Africa beat Ireland at…

20 Jun 2016 · 06:57
Africa Nigeria to abandon fixed exchange rate

ABUJA - Nigeria's central bank said on Wednesday it would begin market-driven foreign currency trading next week, abandoning its 16-month fixed exchange rate policy and setting the stage…

16 Jun 2016 · 00:51
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