Pepkor, which owns brands such as PEP and Ackermans, managed to deliver a double-digit earnings increase even as the effects of the July 2021 unrest and KwaZulu-Natal flooding hit the …
Finance & Services
- BusinessEntrepreneurshipFashion & StyleFinance & ServicesSouth Africa
Eskom has been ordered by a court to scrap a R16 billion tender award for the maintenance of high-pressure boilers and pipes at its 15 coal-fired power stations after it …
- BusinessEconomyFinance & ServicesNigeria
Reps panel decries allocation to BPE for monitoring and surveillance of projects
The House of Representatives Committee on Public Procurement has decried the poor allocation to the Bureau of Public Procurement(BPE) for monitoring and surveillance of projects in the 2022 budget. The committee …
- BusinessEconomyFinance & ServicesKenya News
Kenyans To Access minimum Of Sh5000 to Sh50,000 Through The Hustlers’ Fund
Kenyans will be able to access loans of between Sh500-Sh50,000 through the Hustlers’ Fund at an interest of 8 per cent per year. According to a dispatch from Statehouse, the …
- BusinessEconomyFinance & ServicesNigeriaOil & Gas
Investors dump shares in exchange’s alternative Securities Market board
Following their weak corporate earnings, investors have shunned listed companies on the Nigerian Exchange Limited’s Alternative Securities Market Board. A total of four companies comprising Capital Oil Plc, Rak Unity …
- BusinessFinance & ServicesSouth Africa
Eskom generation boss resigns his position with immediate effect
Eskom’s general executive for generation, Rhulani Mathebula, has resigned from his position and will leave the utility at the end of November 2022. Eskom chief operating officer Jan Oberholzer announced …
- BusinessEconomyFinance & ServicesNigeria
Federal Government to grow Nigeria’s gross domestic product to $9tn in the next 28 years
The Nigerian Economic Summit Group has said that the Federal Government must grow Nigeria’s gross domestic product to $4.5tn to $9tn in the next 28 years. Speaking at the 28th …
- BusinessEconomyEntrepreneurshipFinance & ServicesNigeria
E-finance platform to promote financial literacy among Nigerian youth
A global peer-to-peer finance platform, Paxful, has restated its commitment to promoting financial literacy among Nigerian youth as part of its efforts to drive economic growth in the country. Paxful …
- AmazonBuildingBusinessEconomyFinance & ServicesSouth Africa
Big win for Amazon’s new headquarters in South Africa
The developers behind the R4.6-billion multi-purpose complex in Cape Town set to house Amazon’s new African headquarters scored a major court win on Tuesday. The Supreme Court of Appeal dismissed …
- BusinessEconomyFinance & ServicesSouth AfricaTelecommunications
Concerns about social grants as Telkom threaten to terminate it’s IT service to SAPO
The expiration of Telkom’s contract to supply IT services to the South African Post Office (SAPO) could affect the provision of social grants to millions of South Africans. While reports …