* Suggests S. Africa seeking to avoid US sanctions * Western pressure growing to cut shipments from Iran By Wendell Roelf CAPE TOWN, May 23 (Reuters) - South Africa is looking tosource more oil from Nigeria, ...
JOHANNESBURG, MAY 23 - South Africa's third-largest listed clothes retailer Mr Price Group Ltd booked an expected 19 percent rise in full-year profit on Wednesday, as above-inflation wage increases and decades-low interest rates lift consumer spending. Mr Price, which caters for lower-income shoppers in Africa's top economy, said diluted headline earnings per share totalled 464.5 cents in the ...
JOHANNESBURG (Reuters) - Western investors have to realise South Africa does not need their money since it can turn increasingly to fellow BRICS members India and China to fund its economic development, the Secretary-General of its ruling ANC said on Tuesday. "There is a dynamic that Western investors must wake up to," Gwede Mantashe, day-to-day head of the African National Congress, told ...
