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South Africa moves one step closer to junk rating
Moody’s Investors Service cut the outlook on South Africa’s credit rating to negative from stable, taking the country one step closer to losing its final investment-grade assessment.
Larijani: South Africa investment procedure facilitated in Iran
Iranian Parliament Speaker Ali Larijani said the investment procedure in Iran has been facilitated for South Africa, adding that bilateral ties between two countries need a jump in economic cooperation.
South Africa's Zuma to face graft trial
South African former President Jacob Zuma will stand trial on corruption charges relating to a $2 billion arms deal after a high court on Friday denied him a permanent stay of prosecution.
80 percent of heart attacks, strokes can be prevented in South Africa
In South Africa, 225 people are killed by heart diseases every single day. A sobering number indeed but on the positive side, up to 80 percent of heart diseases and strokes can be prevented, said Bianca Tromp, dietitian at the Heart and Stroke Foundation of South Africa.
IMF rumors may be the scare South Africa needs
The threat of an International Monetary Fund (IMF) bailout, unthinkable a few years ago, may force South Africa’s government to push through the reforms it needs to rescue the economy.
South Africa's Ramaphosa wins court case against anti-graft watchdog
South African President Cyril Ramaphosa won a court case against the anti-corruption watchdog on Thursday over a matter concerning ally Pravin Gordhan, ahead of a fresh battle over findings against the president himself.
South Africa's Sappi buys Canadian paper mill, third-quarter profit falls
South African paper and pulp maker Sappi (SAPJ.J) said on Thursday its Canadian division was buying Matane hardwood pulp mill in Canada to increase pulp integration and cut costs after reporting a 84% decline in profit for the third quarter.
South Africa's Zuma shrugs off graft allegations at inquiry
South Africa's former president Jacob Zuma on Monday dismissed multiple graft allegations against him, telling a judicial inquiry he was the victim of conspiracies and years of "character assassination".
South Africa's Reserve Bank expected to cut rates on July 18
The South African Reserve Bank is likely to cut interest rates by a quarter of a percent next week as a slowdown in the economy during the first three months of the year could turn worse if left unchecked, a Reuters poll showed on Thursday.
Is South Africa edging out Turkey as the big EM short?
Move over Turkey and Argentina, emerging markets investors have another country to sweat over: South Africa.
South Africa counts votes as Ramaphosa's ANC looks to retain power
South African elections officials counted ballot papers early on Thursday, a day after a vote seen as the toughest test yet for the ruling African National Congress (ANC) party 25 years after it swept to power at the end of white minority rule.
HRW calls for arrests in South Africa after attacks on foreigners
Human Rights Watch (HRW) has urged South African authorities to prosecute the perpetrators of deadly xenophobic violence that displaced some 300 Malawi migrants three weeks ago but has yielded no arrests.
Two arrested with 167 rhino horns in huge South Africa haul
South African police said on Sunday they had found 167 rhino horns believed to be destined for Asia and nabbed two suspects in a sting operation in the North West province.
Suspected poacher killed by elephant, eaten by lions in South Africa
An elephant killed a suspected poacher and lions ate his remains, with a human skull and a pair of pants all that authorities have been able to recover.

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