South Africa News

The Times was a South African daily newspaper and an offshoot of The Sunday Times, to whose subscribers it was delivered gratis; non-subscribers paid R2.50 per edition in the early years. It is owned by Tiso Blackstar Group formerly Times Media Group.
Latest trends and discussion about news in South Africa.
  • Bitter pills: Erdogan's possible remedies for Turkey crisis
    AFP

    Bitter pills: Erdogan's possible remedies for Turkey crisis

    The crash in the Turkish lira sparked by US sanctions has left President Recep Tayyip Erdogan facing the biggest economic challenge of his one-and-a-half decades in power. The lira has recently clawed back some of its losses, but economists say Turkey still urgently needs to address imbalances in its economy and avert a full-blown crisis. The fragility of the currency was highlighted again on Friday when Standard and Poor's and Moody's both downgraded Turkey's debt ratings within hours of each other.

  • First satellite to measure global winds set for launch
    Daily Nation

    First satellite to measure global winds set for launch

    PARIS, A satellite designed to measure Earth's global wind patterns is set to be hoisted into orbit Tuesday from the Arianespace launch site in French Guiana. The European Space Agency's (ESA) Aeolus mission — named for the guardian of wind in Greek mythology — promises to improve short-term weather forecasting and our understanding of manmade climate change. "Meteorologists urgently need reliable wind-profile data to improve accuracy," the ESA said in a statement. Tropical winds in particular are very poorly mapped because of the almost complete absence of direct observations. Once in orbit, Aeolus can retrieve data from anywhere on the planet, include remote regions lacking ground-based weather

  • Ghana backpedalling out of banking crisis
    AFP

    Ghana backpedalling out of banking crisis

    Ghana is backpedalling out of a banking crisis as the government takes on debt to save a troubled sector and vows to punish the executives responsible. Early in August, Ghana's central bank revoked the licenses of five local banks and combined them into one -- the newly created state-run Consolidated Bank -- issuing 5.8 billion cedis ($1.2 billion) in bonds to clear their debt. The Bank of Ghana (BoG) accused the collapsed banks of a range of issues, including poor corporate governance, questionable transactions and dishonest reporting.

  • Bode Miller's Wife Morgan Shares Devastating Photo From Day of Daughter's Death
    Entertainment Tonight

    Bode Miller's Wife Morgan Shares Devastating Photo From Day of Daughter's Death

    The family lost their little 19-month-old daughter in a drowning accident.

  • Former UN Secretary-General Kofi Annan dies at age 80
    Associated Press

    Former UN Secretary-General Kofi Annan dies at age 80

    ACCRA, Ghana (AP) — Kofi Annan, a charismatic global diplomat and the first black African to become United Nations secretary-general who led the world body through one of its most turbulent periods, died early Saturday at age 80.