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South Africa’s Ticking Time Bomb

AFRICANGLOBE - At the time of independence in 1994, South Africa was riven not only by race, but also by income. The white community controlled the economy and was left to manage that economy as a means to a peaceful transition. The African National Congress took political control, but largely left the running of the economy unchanged. There was an expectation that over time, wealth would spread down to those who had been deprived of equality, mainly the black and Asian populations that make up about 90 percent of the South African population.

The Next Gold Rush – Africa’s Major Stock Exchanges Are Gaining...

AFRICANGLOBE - Africa’s leading stock exchange has made a habit of outranking more prestigious bourses over the last few years. In 2012, for example, it was ranked first in auditing and reporting standards and the effectiveness of corporate boards and came in second in the protection of minority shareholders’ interests and the soundness of banks.

Investments and Pension Reforms In Africa: Wake Up, Domestic Giants!

New reforms and stricter governance measures could bring billions of dollars in new investments into African stock markets and infrastructure projects. The investment giants of...

White Supremacists Bomb Plot Across South Africa Revealed

The leader of the Boeremag White supremacists group Tom Vorster's coup plans included blowing up South Africa's Parliament, the SABC, the SA Reserve Bank...