Southern Africa business news from South Africa, Zambia, Zimbabwe, Botswana, Namibia, Mozambique and the SADC region.
No mention of prices or which countries bought the vaccines. South Africa has concluded the sale of AstraZeneca Covid-19 vaccines it had acquired but did not use to other African …
Standard Bank reported a 51% decrease in profit after taxes and other adjustment was done in December. Africa’s biggest bank stated any economic recovery from the COVID-19 pandemic in Africa …
The Intergovernmental Fintech Working Group (IFWG) has announced the launch of Khokha 2’ project aimed at exploring the use of tokenized money, blockchains and digital currency in South Africa. This …
Eos Capital, a Namibian private equity firm, has announced it will acquire a minority stake in Erongo Medical Group (EMG). EMG is a substantial player in the Namibian healthcare industry …
Zimbabwean banks have shut down 17% of their branches as an escalation in the number of coronavirus infections spurs lenders to shut their doors for the time being and accelerate a digitisation drive. Of the 300 branches in …
South African Breweries, part of Anheuser-Busch InBev, has cancelled the sum of 2.5 billion rand ($165 million) of investment earmarked for 2021 following a third local ban on alcohol sales …
As South Africa’s Covid-19 second wave surge continues. The blanket ban on the sale of alcohol will continue, while beaches in Covid-19 hot spots will also remain closed as current …
As daily cases of Covid-19 in South Africa reach 20 000, surpassing levels seen during the first wave of the pandemic, Steve Biko hospital in Pretoria is so full that …
The best news about the mRNA shots from BioNTech and Moderna is that the same technique could also defeat many other diseases. The night is darkest just before dawn, they …
The South African Breweries (SAB) is heading to court to challenge the constitutionality of the third alcohol ban, which came into effect when South Africa moved to an adjusted Level …
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