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05 August 2016 2:10 PM Zim army ready for 'cyber warfare'

At least two reporters have been injured after riot police attacked them in Harare during a march against a new currency, says a media watchdog. Harare – The Zimbabwean army is ready to deal with those using the internet to destabilise the southern African country, the state-owned Herald newspaper reported on Friday. Zimbabwe National Army commander 11

04 August 2016 12:46 PM Rand bolsters emerging markets

Oil’s bounce back above $40 a barrel is helping renew momentum in a rally that’s driven developing-nation stocks to outperform peers in industrialised countries this year since nations from Russia to Brazil export commodities. Gains on Thursday were also supported by the Bank of England’s decision to cut its benchmark interest rate to a record-low, adding 18

04 August 2016 9:40 AM Sappi shares rally after company posts jump in profit

SAPPI shares rallied as much as 6% on Thursday after the company reported a jump in its third-quarter profits and a reduction in its net debt. The pulp and paper producer said net profit rose to $32m in the three months to June from $4m in the year-earlier period while net debt dropped to $1.58bn from R1.91bn. "Sappi’s results continue to reflect the positive 12

04 August 2016 5:11 AM How rand defies gravity

The currency forecast to perform the worst in emerging markets this year is the one benefiting most from the rush to boost returns in the wake of the UK's Brexit vote. The rand has strengthened 4.9% against the dollar since the day before the UK voted to leave the EU on June 23 - the most among 31 major and developing-nation currencies and bringing gains 14

02 August 2016 8:30 AM Vets, Republicans repudiate Trump clash with hero's family

Veterans groups and Republicans Monday savaged Donald Trump's war of words with the parents of a slain Muslim American soldier, the latest example of the presidential nominee making statements considered beyond the pale. The feud has shaken the US presidential campaign, becoming a flash point 99 days before the November election that pits the Republican 10

02 August 2016 2:36 AM Turkey Wants Pakistan to Close Schools Linked to Imam Fethullah Gulen

Delegation’s visit marks new front in Erdogan government’s campaign against Gulen following failed coup ISLAMABAD, Pakistan—A high-ranking Turkish delegation arriving in Pakistan on Monday night is hoping to score another victory in Ankara’s expanding campaign against a U.S.-based imam that the Turkish government accuses of masterminding the failed coup two weeks 12

01 August 2016 1:38 PM South Africa's Nedbank shares surge on Ecobank returns

South Africa's Nedbank shares surge on Ecobank returns. Photo: Wikimedia. Shares in South Africa's Nedbank jumped 7 percent on Monday after the lender reported rises in income from interest, fees and commissions and its associate Ecobank returned to profit in the first half of the year. Nedbank, a unit of Anglo-South African financial conglomerate Old Mutual 15

01 August 2016 7:57 AM Zuma must pay back every cent for Nkandlagate personally: DA

The Democratic Alliance has reiterated its call that President Jacob Zuma pay back every cent for Nkandlagate personally‚ with or without a loan. DA shadow minister in the presidency Sej Motau said on Sunday that Nkandla remained a monument to corruption and unconstitutional conduct. “This money should have been used to provide better services and create 14

01 August 2016 5:31 AM Taliban truck bomb rocks hotel for foreigners in Kabul

A powerful Taliban truck bomb struck a hotel for foreigners in Kabul Monday, triggering a seven-hour gun-and-bomb assault that highlighted the deteriorating security situation in a capital still reeling from its deadliest attack for 15 years. The guests and staff of Northgate hotel were unharmed but one policeman was killed after the bombing, which rattled 17

01 August 2016 5:18 AM Taliban truck bomb strikes hotel for foreigners in Kabul

Kabul - A massive Taliban truck bomb struck a hotel for foreigners on the outskirts of Kabul early on Monday, officials said, just days after the deadliest attack in the Afghan capital for 15 years. There were no immediate reports of casualties from the powerful bombing, which occurred close to the US-run Bagram air base north of Kabul but rattled windows 16