South Africa photograph

South Africa

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Presidents Cyril Ramaphosa
Capitals Cape Town
Pretoria
Bloemfontein
Dialing code +27
Currency South African rand
Population56. 72 million (2017)
Date of Reg.
Date of Upd.
ID734428
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About South Africa


South Africa is a country on the southernmost tip of the African continent, marked by several distinct ecosystems. Inland safari destination Kruger National Park is populated by big game. The Western Cape offers beaches, lush winelands around Stellenbosch and Paarl, craggy cliffs at the Cape of Good Hope, forest and lagoons along the Garden Route, and the city of Cape Town, beneath flat-topped Table Mountain.

South Africa: The region where political violence is on the rise ahead of elections

South Africa: The region where political violence is on the rise ahead of elections
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...By Fergal KeaneBBC NewsThirty years after the transition from apartheid to a democratic South Africa, Fergal Keane returns to a country experiencing increasing political violence in a key region to see what happened to the hopes and promises of a better nation...

BBC Sound of 2024: Tyla, Last Dinner Party and Kenya Grace tipped for success

BBC Sound of 2024: Tyla, Last Dinner Party and Kenya Grace tipped for success
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... South Africa s Tyla also makes the cut, hot on the heels of her hit single Water; as does Nigeria s Ayra Starr...

Israel-Gaza war: The Red Cross's delicate role in hostage crises

Israel-Gaza war: The Red Cross's delicate role in hostage crises
Nov 27,2023 12:11 pm

... Global hotspotsDuring Nelson Mandela s long imprisonment in apartheid South Africa, the ICRC visited him regularly on Robben Island...

Argentina election: Javier Milei's radical proposals face test of reality

Argentina election: Javier Milei's radical proposals face test of reality
Nov 26,2023 11:41 am

... Mr Milei s predecessor, outgoing left-wing President Alberto Fernández, had carefully nurtured ties with Beijing and had welcomed an invitation to join Brics, the China-led group which also comprises Brazil, Russia, India, and South Africa...

Oscar Pistorius to be freed on parole

Oscar Pistorius to be freed on parole
Nov 24,2023 6:41 am

... Pistorius, now 37, was sentenced by a South African court in 2016 to serve 13 years in prison...

Climate change: Rise in Google searches around ‘anxiety'

Climate change: Rise in Google searches around ‘anxiety'
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... Countries in the Global South - such as Chile, the Philippines and South Africa - represented smaller shares of search queries...

Obama, Clooney and Gates: 'We can end child marriage in a generation'

Obama, Clooney and Gates: 'We can end child marriage in a generation'
Nov 20,2023 10:51 pm

... " The three women spoke exclusively to BBC 100 Women during a visit to Malawi and South Africa...

Hannes Strydom: Ex-South Africa rugby star dies in car crash

Hannes Strydom: Ex-South Africa rugby star dies in car crash
Nov 20,2023 7:31 am

...By Gem O ReillyBBC NewsSouth Africa s former rugby star Hannes Strydom has died in a car accident at the age of 58...

Jacob Rees-Mogg's firm seeks to ditch Russian investments

Nov 17,2023 3:21 am

An investment firm founded and part-owned by cabinet minister Jacob Rees-Mogg has promised to ditch its shareholdings in Russian companies.

Mr Rees-Mogg holds a significant stake in Somerset Asset Management but does not take part in its decisions because he is a government minister.

The hedge fund had stakes in four firms operating in Russia, according to accounts filed in December.

It has ditched one of those and is in The Process of exiting The Others .

Companies and public bodies have been Under Pressure from the government to limit and exit investments in Russia since The Invasion of Ukraine.

Mr Rees-Mogg, The Minister for Brexit opportunities and government efficiency, still has shareholdings in Somerset Asset Management , according to and continues to receive payouts from it.

He founded Somerset Asset Management in 2007 but became a sleeping shareholder, with no direct involvement in investment decisions, when he became a minister.

The Company , which manages investments for institutional clients, had interests in four companies operating in Russia, as of December.

These included Yandex, a Russian search engine seen as the country's answer to Google, and Headhunter, a recruitment company based in Cyprus but operating mainly in Russia.

It also had a large stake in Indian software giant Infosys, which is part-owned by Chancellor Rishi Sunak 's wife Akshata Murty.

The Company also owned a chunk of Russian natural gas producer Novatek, which it says it has now ditched.

In a statement, it said it had written down its " direct exposure" to Russia to zero and was seeking to exit its shareholding positions " in an orderly manner in due course".

A spokesman said: " Furthermore, we confirm that Somerset will not be making any new investments in Russia. As a global emerging markets equity specialist, most of our portfolios are invested in fast-growing economies including Brazil, South Korea , India and South Africa . "

It is not clear how The Firm defines " direct exposure".

Mr Sunak has faced questions about his wife's shares in Infosys, which was founded by her father, when it emerged The Company had kept its Moscow office open.

The chancellor has urged UK companies to sever their ties with Russia to punish Vladimir Putin over its invasion of Ukraine.

In a video message on Twitter earlier this month, He Said : " While I recognise that it may be challenging to wind down existing investments, I believe there is no argument for new investment in The Russian economy. "

He has insisted he has " nothing to do" with Infosys.

The Indian multinational said it had a " small team of employees based out of Russia" that " services some of our global clients, locally" and " supports and advocates for peace between Russia and Ukraine".

Earlier This Week , public bodies in the UK, such as councils and government departments, were urged to look at how they could Go Further to sever ties to Russia.

Ministers promised legal advice to help public bodies exit contracts voluntarily.



Source of news: bbc.com

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