The banking landscape is changing as costs to market entry fall. A relatively new entrant, Capitec, has grown from nothing into a significant player, the first state-owned bank, Postbank, is about to be licensed and unsecured lender African Bank has been resurrected.
South Africa's Ministry Trade and Industry will this week hold investment shows in China to woo investors for the country's special economic zones . The delegation led by the country's deputy Minister of Trade and Industry Bulelani Magwanishe will hold road shows in Shanghai on May 26-31.
A nurse administers an HIV test on a young boy at a PEPFAR-funded AIDS clinic in Johannesburg, South Africa. On May 27, 2003, the U.S. Congress appropriated $ 15 billion for a five-year plan to tackle the HIV/AIDS pandemic, heeding President George W. Bush's call in his State of the Union address for a “work of mercy” for HIV/AIDS victims in Africa and the Caribbean.
News from Africa: