‘We are burning our profits’

Prabashini  Moodley |  @SABCNews South African business owners say they possibly face closure as a result of constant power cuts. Business owners in Johannesburg say with the increased cost of running generators, they are burning through profits and remaining open is unsustainable. One business owner says, “It’s the same for every small business out there. You have…

As Yellen woos Africa, sceptics ask ‘Is the U.S. here to stay ?’

By Andrea Shalal and Carien Du PlessisReuters KEY POINTS Biden administration pledges renewed trade, investment U.S.-Africa relations damaged by Trump years China and Russia also vying for influence U.S. rate hikes hurting African economies LUSAKA, Jan 24 (Reuters) – U.S. Treasury Secretary Janet Yellen’s three-country trip to Africa – the leading edge of a new diplomatic push…

South Sudan set for Pope Francis visit

By Rédaction Africanews  SOUTH SUDAN Ahead of the visit of Pope Francis, the Vatican ‘Technical Advanced Team’ have been welcomed in Juba, South Sudan. They are there to assess the preparation for the Papal visit which will take place from February 3 to 5. Stephen Ameyu Martin Mulla, Metropolitan Archbishop of Juba on Tuesday said…