From 7:30 am on Saturday morning, Standard Bank started experiencing degradation on one of its components, called a generic switch which is responsible for responsible for switching transactions related to …
Radarr Africa Business Desk
Radarr Africa Business Desk
The Radarr Africa Business Desk reports daily on companies, markets, banking, energy, technology and policy across Nigeria and Africa. Stories are reviewed and edited by The Radarr Africa Editorial Team in Lagos. Story tips and corrections: business@radarr.africa.
- Banking, Finance & InvestmentSouth Africa
- BusinessFood ProductionSouth Africa
Rhodes and Bull Brand producer’s earnings jump despite constrained consumers
Rhodes and Bull Brand owner RFG earnings for the interim period have increased despite constrained consumers and logistics challenges. The food producer released its results for the six months ended …
A poor start to the year, specifically caused by a strike at its snacks and treats division and a decline in volume at its bakeries has resulted in a decrease …
Toyota Motor Corporation announced Tuesday it would cut its global production plan by about 100,000 vehicles in June. Toyota said the adjustments to its production plans become necessary considering the impact …
Effective from july 1 Willie Lategan will take over from Saks Ntombela as Hollard Group CEO. Lategan, an actuary by training is a former group chief financial officer and currently …
African Development Bank (AfDB) president Dr Akinwumi Adesina says the development finance institution is ready to support South Africa’s transition from coal to renewable energy and announced that a just energy transition facility was being …
- AfricaBusiness and EconomyWestern Africa
Zimbabwe opens conference to promote sales of elephant ivory
Zimbabwe has opened an international conference to try to win international support for its campaign to be allowed to sell its stockpile of seized ivory. If the southern African country …
- Business and EconomyWestern Africa
Central Bank of Ghana raises interest rates again as inflation keep rising
The central bank of Ghana has raised its main interest rate by 200 basis points to 19% to control inflationary pressures and promote macroeconomic stability, Ernest Addison governor of the …
Veritasi Homes Completes ITUNU Residential Initial Property Listing on Squareroof Squareroof, a digital real estate brokerage marketplace, has partnered with real estate company, Veritasi Homes to launch “ITUNU.” The company …
- Global NewsInformation & TechnologySpotlightTrending Today
Samsung invests R5.6 trillion, aims to be a global tech front runner
On Tuesday, Samsung Group unveiled a massive $356 billion (around R5.6-trillion) investment blueprint for the next five years aimed at making it a frontrunner in a wide range of sectors …