The Union approved a budget of $308 million for the organization’s annual activities. 

The number of new FDI projects into the continent fell 12% from the previous year. 

The bourse also plans to begin trading corporate and Treasury bonds this year. 

"Our renewal plan is on track and progress is being made towards the better definition and achievement of our initiatives to improve both the working and living environment of all Lonmin employees for the benefit of all stakeholders and shareholders," ...

Director of engineering and capital projects at Anglo American Platinum (Amplats) will take over as Lonmin's chief executive on July 1.

The country ranked the second-highest in sub- Saharan Africa on the World Bank’s ease of doing business index.

The English bank relocates its offices from Dubai to Johannesburg. 

Down from 3.5% growth in 2011.