Motsepe, who is South Africa's richest black man with a net worth estimated at $2.6 billion by FORBES', made the formal announcement on Wednesday in Johannesburg.
The UN Security Council has approved increased military action by French and African troops in a bid to try and end the violence and chaos in the Central African Republic. [read more]
Local and international media gathered outside the house of former president Nelson Mandela on Thursday following reports that an urgent family meeting had been called at his Johannesburg residence. [read more]
Since early this morning there have been violent clashes, shooting and explosions in a number of areas of Bangui, capital of the Central African Republic. [read more]
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