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Denel pays back City of Johannesburg loan

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Denel has repaid the R290 million loan it owed to the City of Johannesburg, Mayor Herman Mashaba has confirmed. Mashaba on 11 December announced that...

World Bank Tanzania loan scrapped

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The World Bank scrapped a plan to loan Tanzania $300 million after the country reaffirmed its policy of banning pregnant girls from...

Johannesburg/Denel loan was legal and above board – Gordhan

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Public Enterprises Minister Pravin Gordhan has refuted suggestions of impropriety suggestions by Johannesburg mayor Herman Mashaba saying the loan from South Africa's...

First Zimbabwe post-Mugabe loan deal goes to China

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Zimbabwe's new government signed a $153 million loan agreement with China, its first post-Mugabe deal with a foreign government, to expand and...

Mozambique confirms state firm missed debt payment deadline

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State-owned Mozambique Asset Management (MAM) missed a May 23 deadline to make a $178 million loan repayment but remains in talks with...

New Egypt finance minister cautious on IMF loan – statement

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Egypt is not ready for a decision on funding from the International Monetary Fund (IMF), the government said on Saturday in a...

China to lend Ethiopia US$100 mln -Xinhua

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China is set to loan Ethiopia US$100 million and donate a fleet of 90 vehicles to help the African state complete its...

South Africa loan to Swazi King raises policy

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South Africa defended its loan to cash-strapped Swaziland against critics who saw the bail-out of the country's absolute monarch as symbolic of...

COMPANY NEWS

Communicate don’t abrogate!

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The senior officer cadre of the SA National Defence Force (SANDF) communications component, officially the Directorate: Corporate Communication (DCC), employed a barely plausible excuse...