Rand strengthens on S Africa central bank appointment

South Africa's president, Jacob Zuma, has named the former Treasury boss, Lesetja Kganyago, as the new governor of the country's central bank.

Big ANC majority could usher in South African economic reforms

JOHANNESBURG (Reuters) - In the 20 years since apartheid, South African jewellery designer Nthabiseng Xaba has gone from bank clerk to state employee to thriving entrepreneur - just the kind of economic improvement story the government wants to promote.

S.Africa's Zuma 'benefited from security revamp deal'

South African President Jacob Zuma personally benefitted from controversial "security" renovations at his private home and must repay the state, a government watchdog report leaked to a local newspaper said on Friday.