Judge Bernard Ngoepe has officially ended his time as South Africa’s first Tax Ombud. Ngoepe held the role for three terms, from 2013 until 30 September 2022. The finance ministry said …
South Africa
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Loss-making PetroSA seeks CEO to lead revamp
PetroSA is taking steps to end a legacy of mismanagement and continuing annual losses as it plans a project with TotalEnergies , according to its interim chairman. The state-owned oil …
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South Africa submits new climate plan to win $8.5bn for coal switch
South Africa has submitted to some of the world’s richest nations a revised plan for how it will spend a proposed $8.5 billion to help it transition away from coal, …
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Google to establish its first African cloud region in South Africa
Google on Wednesday announced its intent to establish a new Google Cloud region in South Africa – its first on the continent. This was made known at the second Google …
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Oceana to sell off its cold storage business
Oceana, South Africa’s Fishing group will be selling its commercial cold storage (CCS) business to a consortium of investors in a R760 million deal, a transaction that it says will …
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Massmart in talks to close Game stores in East, and West Africa
South African retailer Massmart said on Wednesday that it had begun staff consultations about closing its Game stores in East and West Africa, after efforts to find domestic buyers for the stores failed. Massmart Chief Executive Officer …
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UN goal to eliminate poverty, hunger, and gender inequality won’t be realised by 2030, a report shows
Seven years ago, the world set an ambitious target to reach UN Sustainable Development Goals (SDGs) by 2030. Halfway to that target year, however, nearly all indicators are off track. …
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Prosus terminates R85 billion deal to buy India’s BillDesk
Prosus, the consumer internet arm of Naspers, a South African multinational technology company, says its $4.7 billion (R84.8 billion) deal to buy Indian digital payments provider BillDesk has fallen through …
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MTN SA launches green energy programme
MTN South Africa has launched a request for proposal (RFP) which will see the MTN Headquarters becoming a completely “green” office. The operator, whose head office is located on the MTN …
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Rain tables formal proposal for Telkom merger
South Africa’s data-only network provider Rain has tabled a formal nonbinding proposal to merge with mobile and fixed-line operator Telkom. Rain’s public expression of interest in a merger in August …