Ana Monteiro

Black frost hit crops in South Africa's northernmost Limpopo province, with a key farmers' organization warning of looming food shortages in the region.

'Tremendous losses' reported.

Pick n Pay Stores Ltd. set out the terms of a 4 billion-rand ($221 million) rights offer that forms part of a revamp of South Africa's third-biggest grocer by revenue.

As part of a three-year turnaround plan, Sean Summers is also sifting out under-performing stores from about 100 outlets that may be converted, refurbished or closed as part of the SA grocer's strategy to return to profitability.

Guaranty Trust Holding Co. plans to raise $246.2 million in a share sale to inject more capital into its Nigerian unit to meet new central bank rules.

The African Development Bank approved a $1 billion loan for South Africa’s state-owned ports and rail operator to help fund its plan to revive ailing infrastructure and expand its business.

The African Development Bank approved a $1 billion loan for South Africa's state-owned ports and rail operator to help fund its plan to revive ailing infrastructure and expand its business.

South Africa's mines lobby urged the government to proceed cautiously with its plans to encourage more local processing of ores that may include taxing mineral exports.

South Africa asked the World Trade Organization to set up two panels to examine what the nation says are “unscientific and discriminatory measures” placed on citrus it exports to the European Union.

South Africa asked the World Trade Organization to set up two panels to examine what the nation says are “unscientific and discriminatory measures” placed on citrus it exports to the European Union.