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African News Agency

Ten injured after Metrorail train derails near Bellville station

18th August 2017 At least ten people suffered minor to moderate injuries when a train carriage derailed near Bellville station in Cape Town on Friday morning. Emergency services provider ER24 said that at about 08.15, paramedics from ER24, Metro EMS and Rescue Services, police, as well as other services, arrived... 

New Development Bank to benefit Africa – Zuma

17th August 2017 President Jacob Zuma said on Thursday that the New Development Bank (NDB) was set to benefit infrastructure projects on the African continent as a whole, and having a permanent regional centre showed commitment to that undertaking. “We are therefore happy to know that the bank is working on... 

Parliamentary State capture probe hits first hurdle

16th August 2017 The investigation into State capture by Parliament’s portfolio committee on public enterprises on Wednesday hit its first hurdle as it was confirmed to members that the legislature would not pay for an independent evidence leader. Acting chairperson Zukiswa Rantho told MPs she had asked the chair... 

No agreement of sugar tax yet, says BevSA

16th August 2017 The Beverage Association of South Africa (BevSA) on Wednesday, dismissed reports that there was an agreement on the Health Promotion Levy at the National Economic Development and Labour Council (Nedlac). BevSA is opposing the introduction of a 20% tax on sugary beverages, or what has been... 

Central banks vital for Africa’s integration, says Zuma

15th August 2017 President Jacob Zuma has encouraged African central bank governors gathered in Pretoria for the 2017 Governors’ Symposium of the Association of African Central Banks (AACB) to explore ways to improve economic integration, including linking payment systems, across borders on the continent.... 

Outa lays corruption charges against former Eskom board director

15th August 2017 The Organisation Undoing Tax Abuse (Outa) has laid a criminal complaint with the police against former Eskom director, Mark Pamensky. Outa chief operating officer Ben Theron on Tuesday said the charges related to Pamensky’s conduct while at Eskom and a business ”linked to the Gupta business empire.” 

Computer thieves hit Competition Commission

14th August 2017 Daring thieves broke into the offices of the Competition Commission and stole two laptops from the division that investigates cartels. Sipho Ngwema, the head of communications at the Competition Commission, revealed at the weekend  that there was a “security breach” at the offices of statutory body. 

Growthpoint Properties a step closer to wholly owning N1 City Mall

11th August 2017 JSE-listed Growthpoint Properties got one step closer to acquiring N1 City Mall from Redefine Properties after the Competition Commission recommended to the Competition Tribunal that its proposed merger be approved without conditions. The 64 000 m2 N1 City Mall, with over 140 stores, is situated... 

N3 reopened after bridge collapse, rubble cleared overnight

10th August 2017 Rubble and huge concrete structures from the pedestrian bridge which collapsed on the N3 between the Geldenhuys and Gilloolys interchanges on Tuesday were cleared overnight and the busy freeway was reopened early Wednesday morning. The decommissioned bridge collapsed onto vehicles below, injuring... 

AB InBev to merge Russia and Ukraine businesses with Anadolu Efes

9th August 2017 The world’s largest brewer, Anheuser-Busch InBev (AB InBev) said on Wednesday that it has reached a non-binding agreement with Anadolu Efes, the leading brewer in Turkey, regarding a 50:50 merger of AB InBev’s and Anadolu Efes’ existing Russia and Ukraine businesses. This comes AB InBev’s... 

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