South Africa expects Total Energies to submit a production plan within weeks to utilize a prolific offshore gas discovery that will form a key part of increasing investment in the …
Category:
Southern Africa
- Access BankBanking, Finance & InvestmentSouthern Africa
Standard Bank channels focus towards growing Africa’s education sector
Given the growth of the African population coupled with socio-economic challenges, exacerbated by the COVID-19 pandemic, it is critical to strengthen education systems to facilitate unimpeded participation of young people …
- BusinessSouthern AfricaTransportation & Logisitics
Checkers Sixty60 and Pick n Pay reports great financial performance
Checkers Sixty60 and Pick n Pay asap, online grocery delivery services have reported great financial performance in the past year. While the on-demand grocery delivery services make up less than …
- BusinessGlobal NewsSouthern AfricaSpotlight
Elon Musk accuses Twitter of casting too wide a net over buyout chats
Elon Musk says Twitter Inc. is casting too wide a net for the names of those he talked to about his proposed $44 billion buyout of the social media company. …
- BusinessSouthern AfricaTransportation & Logisitics
City logistics and Clear water Capital partner to acquire Fastway courier.
City Logistics, South Africa’s largest privately-owned logistics provider and private equity management company Clearwater Capital have partnered to acquire 100% of the Fastway Couriers franchise in South Africa. The value …
- Banking, Finance & InvestmentSouthern Africa
Standard Bank reports record earnings of first half of 2022.
Standard bank has delivered record earnings in the first half of 2022. The bank published its half-year financial statements on Friday, reporting a 33% jump in its headline earnings to …
- BusinessInformation & TechnologySouthern AfricaTechnology
Naspers in a bid to sell Prosus shares to fund its own share buyback
Less than two months after Naspers and Prosus announced that they were offloading some of their stakes in Chinese tech giant Tencent to buy back their own shares, Naspers said on Wednesday …
- Banking, Finance & InvestmentCryptocurrencySouthern Africa
South Africa’s central bank announces new development on cryptocurrency exchange, issues guidance
The South African Reserve Bank’s Prudential Authority has issued a guidance note to banks discouraging them from cutting off companies that offer cryptocurrency services. In a note signed by Prudential …
Exxaro Resources has declared an interim dividend of R15.93 per share as earnings grew 75% for the six months to end June. The company, a major supplier of coal to …
- BusinessSouthern Africa
South Africa’s Financial watchdog says ANC must pay R10m a month to clear staff retirement fund arrears
South Africa’s financial watchdog says it has reached an agreement with a pension fund for ANC employees to get the party to pay it R10 million a month until its …