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16 July 2018 6:00 PM IMF: Nigeria, South Africa set to boost sub-Saharan Africa’s economy

The International Monetary Fund (IMF) has revised the growth rate of sub-Saharan Africa’s economy to 3.8% for 2019, up from April’s growth projection of 3.7%. In its latest World Economic Outlook Update released on Monday, the IMF said the upwardly revised growth is supported by the rise in commodity prices. The IMF expects the South African economy 19

16 July 2018 11:36 AM Joshua to defend heavyweight titles against Povetkin

London - Britain's Anthony Joshua will defend his World Boxing Association, World Boxing Organisation and International Boxing Federation heavyweight titles against Russia's Alexander Povetkin at London's Wembley Stadium on September 22, promoter Eddie Hearn announced on Monday. Povetkin is the mandatory challenger for Joshua's WBA title and a successful 18

16 July 2018 9:39 AM Cheetahs sign former Bulls centre

Bloemfontein - The Cheetahs have signed former Bulls centre Dries Swanepoel on a two-year deal. Swanepoel, who was schooled at Grey College in Bloemfontein, joined the Bulls after school and played for their under-19 team in 2012. He received a call-up to the SA under-20 side for the 2013 World Rugby Under-20 World Championship and scored five tries 16

13 July 2018 8:03 PM Solinas appointment shows Chiefs are desperate

Cape Town - The long wait is finally over as Kaizer Chiefs announced Giovanni Solinas as the Absa Premiership giants new head coach. Amakhosi confirmed that the Italian will lead the side ahead of the 2018/19 campaign following Steve Komphela's resignation in April - two months before his contract ended. Solinas spent the majority of his coaching career 23

13 July 2018 1:42 PM Erin Energy CEO, other top leaders resign

Three months after it filed for bankruptcy, the top leadership of JSE-listed Erin Energy has resigned, including its Chief Executive Officer Femi Ayoade. The Houston-based energy company is dual-listed on the New York Stock Exchange and the local bourse. In a short statement on Friday afternoon, Erin Energy said its board has accepted the resignations 27

13 July 2018 9:46 AM Brazil's Lula absolved in one of six pending legal cases

Brazil's former president Luiz Inacio Lula da Silva was absolved on Thursday in one of the six pending legal cases he is facing, all unrelated to the corruption charges that have sent him to prison. Lula, the favorite ahead of Brazil's October presidential election, has been imprisoned since April after being sentenced to 12 years behind bars for accepting 23

12 July 2018 4:22 PM Rand almost 2% stronger to dollar

The rand was almost 2% stronger by late afternoon trade - up 1.96% to trade at R13.28/$ by 17:45. During the morning, the rand had gained 0.55% against the dollar, showing some resilience despite ongoing international trade tensions between the US and China over tariffs. By 12:31, the local currency was trading at R13:46/$, after opening at R13.54 to the greenback 25

11 July 2018 11:32 AM Criticise us, but give us a chance, SAA CEO implores South Africans

It is very important that South Africans give the new board and management at South African Airways (SAA) the opportunity to turn the national airline around financially, CEO Vuyani Jarana told Fin24 on Wednesday. "South Africans must support the airline. I can only shape its future, since I was not involved with what happened at the airline in the past. Yet there 23

11 July 2018 10:34 AM Departing Apple engineer stole autonomous car tech

San Francisco, July 11, 2018 (AFP) - An ex-Apple engineer on Monday was charged with stealing secrets from a hush-hush self-driving car technology project days before he quit to go to a Chinese startup. Xiaolang Zhang was in custody for stealing trade secrets from the Apple project, according to a copy of the criminal complaint posted online 23

10 July 2018 8:24 PM Blignaut wins shot put gold at World U20 champs

Cape Town - Shot put prodigy Kayle Blignaut opened South Africa's campaign in style on Tuesday, securing a gold medal at the IAAF World U20 Championships in Tampere, Finland. Blignaut took the early lead in the final with a 20.89m effort in the first round and extended his advantage with a 21.12m heave from his next attempt. While American athlete Adrian 24