The rand strengthened in early trade on Monday, as the dollar weakened ahead of key US inflation data this week that might give the Federal Reserve room to slow the …
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South Africa
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Major damages as dam collapse at South African Diamond mine
A dam at South Africa’s abandoned Jagersfontein diamond mine collapsed early Sunday, triggering heavy flooding that damaged property and killed at least three people. About nine houses were swept away …
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South Africa plans frequency trading to empower SMEs
South Africa’s minister of communications Mrs Khumbudzo Ntshavheni has published a draft policy document that has proposed the trading of radio frequency spectrum in the country. During a media briefing …
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Cannabis Company SafriCanna sells all its output for next year as Europe’s demand increases
Booming demand for medicinal cannabis from Europe to Australia has seen a South African producer sell all of its output for next year in advance. SafriCanna signed sale deals with …
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Commission approves Heineken’s takeover of Distell with conditions
South Africa’s Competition Commission approved Heineken’s purchase of wine and cider company Distell Group in South Africa as long as the merged entity invests more than R10 billion over five years …
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TikTok launches free Wi-Fi hotspots in South Africa
Social media platform TikTok has partnered with free public Wi-Fi company Think WiFi to launch 50 new free Wi-Fi hotspots as part of a pilot programme in South Africa. The …
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South Africa to get first listing of Cannabis SPAC in Africa
Africa is about to get its first listing of a medical cannabis-focused SPAC, or special purpose acquisition company, when Cilo Cybin Holdings raises money in Johannesburg later this year. The …
The royal family’s relationship with Africa is long, complicated and dates back to decades. It’s intertwined with a history of British colonial rule in several African nations. South African president …
The royal family’s relationship with Africa is long, complicated and dates back to decades. It’s intertwined with a history of British colonial rule in several African nations. South African president …
The royal family’s relationship with Africa is long, complicated and dates back to decades. It’s intertwined with a history of British colonial rule in several African nations. South African president …