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The South African Reserve Bank cut its benchmark interest rate for the first time in more than a year as it almost halved its economic growth forecast for the year.

The Gautrain Management Agency is planning to spend up to R2-billion to acquire second-hand additional rolling stock from the UK to deal with the capacity constraints on the high-speed train network.

World News

Online and mobile transactions have for the first time surpassed card payments in Zimbabwe after recording 28,3% growth in the month of May. According to the Reserve Bank of Zimbabwe’s May 2013 monthly economic review, the value of mobile and Internet-based transactions rose from US$283,6m in April to

Zambia’s telecommunications regulator, Zambia Information and Communications Technology Authority (Zicta), has laid criminal charges against all three of the country’s mobile network operators for “failure to meet minimum standards of quality of service”. The operators are MTN, Airtel

Pay-television operator MultiChoice is facing an investigation by Botswana’s Competition Authority over whether its prices and the way it structures its channels amounts to anticompetitive behaviour. According to a report, the decision to launch the probe follows a complaint laid by a member of the

Three counties surrounding Kenya’s planned technology megapark, Konza City, will introduce uniform bylaws aimed at stopping informal settlements from developing within a 10km radius of the project. This is according to Kenyan technology minister Fred