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In one of its historically largest purchase operations, American retail giant Walmart bought 51% of South African retailer Massmart in May 2011 by paying US$ 2.4 billion. Massmart sells in 14...
Political analysts said on Tuesday that the African National Congress was being lenient on the ANC Youth League over its threat to help bring about regime change in Botswana.
The South African Reserve Bank will not hesitate to take timely action to ensure "second-round" inflation does not bed down in the economy, Deputy Governor Daniel Mminele says. He also says that...