Southern Africa business news from South Africa, Zambia, Zimbabwe, Botswana, Namibia, Mozambique and the SADC region.
Valr, a South-African based crypto exchange, has disclosed it has discontinued its crypto arbitrage service to new customers. This decision comes as a result of complying with the requirements of …
South Africa’s biggest mobile network operator Vodacom continued to grow subscribers and revenue in the fourth quarter of 2021, according to its latest trading update. The operator’s South African customer …
South Africa has extended by two months a deadline for companies to reach financial close for projects aimed at adding emergency generation capacity to end nationwide blackouts, according to people …
(Bloomberg) — When Zimbabwean businessman Nigel Chanakira asked 100 chief executive officers at a seminar in Harare on Jan. 27 if they were willing to use the local currency, only …
(Bloomberg) — A key obstacle to an emergency program to supply 2,000 megawatts of power to South Africa’s grid has been removed with the dismissal of a legal challenge to …
IHS Holding Limited (NYSE: IHS) (“IHS Towers”), one of the largest independent owners, operators and developers of shared telecommunications infrastructure in the world by tower count, announces the appointment of …
Cindy Blanchard and Jason Cooper-Williams have been appointed as the new joint Managing Directors of General Reinsurance Africa Ltd by Gen Re. They will succeed current Managing Director Peter Temple, …
A plan to build a Sh28 billion city has moved a notch higher after the Nairobi Metropolitan Service in partnership with Kenya Railways picked UK firm Atkins Global to design …
Having secured about $31 billion in funding in the third quarter of 2021 alone, the world’s more than 26 000 fintech companies have together pulled the industry out of the …
Last year’s record-high car prices won’t be dropping soon. In December, the average price of a new vehicle in the US hit $47 077, up 14% ($5,742), compared to 2020, …
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