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Denel pays back City of Johannesburg loan

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

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

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

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

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

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

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

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...


Communicate don’t abrogate!

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