In March 2010 Maite Nkoana-Mashabane, South Africa’s minister of international relations and cooperation, announced that her department was working on a new strategy framework for the country’s foreign policy. This in itself was not novel; the Department of Foreign Affairs – renamed the Department of International Relations and Cooperation in 2007...
Two important changes were announced in late 2011 that are likely to boost activity on the Johannesburg Stock Exchange (JSE): the reclassification of foreign-domiciled companies on the JSE as local listings and a cross-listing initiative with an alliance of exchanges from the Brazil-Russia-India-China-South Africa (BRICS) emerging market bloc. As these initiatives are carried...
Just 18 years ago South Africa was a divided state, emerging from the shadow of apartheid and decades of political isolation to become Africa’s newest democracy. The years since have been marked by both struggle and triumph. While the hosting of the FIFA World Cup in 2010 was a spectacular demonstration of national progress, South Africa faces many...
While international bond issuance slowed slightly in 2011, dropping 5.3% to $3.37trn from the $3.39trn the previous year according to Bloomberg, debt issuance by African sovereigns and corporates outside the northern Arab states hit a record high of $12.4bn in 2011, a 17% rise on 2010, as data from Dealogic show. Corporate debt issuances in South...
THE COMPANY: Barloworld, founded in 1902 to sell wool products, is a South African-based engineering equipment retailer. Charles Barlow expanded the business into the distribution and servicing of Caterpillar equipment in 1927. Since 1927 the company became one of Caterpillar’s leading dealerships in...
On January 8, 2012 the African National Congress (ANC) gathered in Bloemfontein, the capital city of Free State Province, to celebrate its 100th anniversary. Addressing the crowd, which filled the stadium with a noise and colour redolent of the FIFA World Cup events successfully staged there in 2010, President Jacob Zuma announced the fulfilment of...
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