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South Africa mulls merger of three state-owned airlines - Reuters

CAPE TOWN (Reuters) - South Africa's government is considering merging its three state-owned airlines into one entity, and offering a 25 percent stake of the holding company to a private equity partner, a cabinet minister said on Wednesday. FILE PHOTO: ...and more »

The budget bank rattling South Africa's financial sector - Reuters

STELLENBOSCH, South Africa (Reuters) - A budget bank is booming in South Africa's economic slump, challenging the decades-long dominance of the “big four” lenders and prompting a price war that is driving down banking costs in a country where many ...and more »