Southern Africa

SIU, The Special Investigating Unit has obtained a preservation order to freeze a R27 million luxury property linked to the former chairperson of the National Lotteries Commission, Professor Alfred Nevhutanda. …

Naspers and its subsidiary Prosus will slowly be selling off parts of its stake in Chinese tech giant Tencent in order to fund an open-ended programme to repurchase its own …

Eskom has announced that stage 4 load shedding will continue to be implemented from 05:00 in the morning until Wednesday. The power utility said the power cuts would be implemented …

South Africa’s government and national airline are being sued by a little-known investment firm, which wants the sale of a majority stake in the carrier scrapped and re-run due to …

Due to the ongoing unprotected labor action, Eskom says it has been compelled to take precautionary actions to conserve emergency generation reserves. As a result, load shedding will be moved …

Tongaat’s contentious deal with Mauritius-based Magister Investments is off the table, leaving a R2 billion hole in the group’s recapitalization plan. In 2021, Magister committed to underwriting R2 billion of …

Qantas an Australian airline says it will significantly boost its international network from Perth with flights to Johannesburg set to take off later this year. The routes are the latest …

A South African businessman Thulani Majola, who is well connected to politicians on both sides of the Lesotho border, won a controversial R35 million (M35 million) consultancy to supervise an …

In the final tranche of volumes for the state capture report, released on Wednesday, commission chair and Chief Justice Raymond Zondo examined the decision of SA’s major banks to close …

The International Youth Foundation (IYF) has developed internationally benchmarked and effective programmes that address youth employability challenges by providing sustainable opportunities for Africa’s youth. Driven by the idea of active …