South Africa questions ratings revision

Fitch's revision of the South Africa's BBB+ credit rating from "stable" to "negative" was not based on any economic realities but was a "blanket reaction to emerging markets" in the midst of the global markets crisis, says economist Russell Lamberti, echoing the views of the National Treasury.

Ivory sale to fund conservation

South African National Parks says that regulations will be strictly enforced to ensure that proceeds from the sale of 51 tons of stockpiled ivory go toward elephant research, conservation, habitat expansion and the development of communities affected by the presence of elephants.

AmaZulu World to boost tourism

Dubai-based property developer Ruwaad has announced plans to build an international branded theme park in South Africa. The multi-billion-dollar AmaZulu World, located in northern KwaZulu-Natal, will be the largest development of its kind on the African continent.

Your South Africa image search is over!

With over 2 000 professional, high-resolution, freely available photos of South Africa, is a stunning resource for publishers, media practitioners - and anyone else with an interest in the country.

Sappi buys Finnish paper firm for R8.9bn

South African multinational paper and pulp giant Sappi is to acquire the coated graphic paper business of Finland's M-real for €750-million (about R8.9-billion), as it moves to expand its product offering and enhance its position as a leading producer of coated fine paper globally.

Looking out for SA’s sea life

South Africa is no less of a culprit when it comes to threatening the survival of marine species by overfishing. To curb this, the Southern African Sustainable Seafood Initiative aims to educate consumers on their choice of seafood and its impact on marine life.

Thabo Mbeki resigns as President

Thabo Mbeki has formally resigned as President of South Africa, after being asked to do so by the national executive committee of the ruling African National Congress (ANC), which is expected to announce its candidate for Acting President within the next few days.

South Africa increases R&D spend

South Africa spent at least R16.5-billion on research and development in 2006/07, putting the country on course to meeting its goal of spending 1% of GDP on R&D activities by 2008/09.

South Africa’s BEE portal

The Department of Trade and Industry has launched a new website offering a wealth of resources related to black economic empowerment in South Africa, including legal information, self-assessment tools, and a channel for reporting on BEE "fronting".

South African wine exports soar

South African wine exports are soaring in defiance of the international economic slowdown, says Wines of South Africa CEO Su Birch, with over 363-million litres sold offshore in the 12 months to July 2008, an increase of 27% on the previous 12 months.