S'thembile Cele

South Africa’s top court faulted parliament’s decision to quash a report that fueled efforts to remove President Cyril Ramaphosa from office over his handling of a burglary at his game farm.

The next round of the scandal is at a difficult time for the South African president.

A scandal has resurfaced involving a concealed hoard of dollars at the South African president’s ranch.

South Africa’s speaker of parliament will submit an advisory report that will form the basis of an impeachment committee’s investigation into President Cyril Ramaphosa when lawmakers meet on Tuesday.

South African President Cyril Ramaphosa said he would contest a report over his handling of a robbery at his farm after a court ruling resurrected the scandal, and rejected calls that he step down.

Goldman Sachs Group Inc. expects South Africa to raise interest rates twice this year after previously seeing a series of cuts, as the Iran war fans inflation risks around the world.

South African President Cyril Ramaphosa is preparing to mount a two-pronged legal challenge to block an impeachment hearing into an alleged cover-up of a burglary at his game farm.

Morgan Stanley remains bullish on South Africa’s longer-term reform trajectory even as a global oil shock challenges the economy, fans inflation and may trigger higher interest rates.

The Ghanaian government repatriated 295 of its citizens from South Africa on Wednesday amid an ongoing wave of anti-immigrant protests in Africa’s largest economy.

MTN Group Ltd. is finalizing the spinoffs of its Nigerian and Ugandan financial-technology operations as part of a reorganization of its mobile-money unit to allow Mastercard Inc. and other strategic buyers to take minority stakes in its fintech businesses.