AfroCentric, a diversified South African healthcare provider, expects that an acquisition by Sanlam will accelerate its expansion into fast-growing yet still underinsured continent. Sanlam, Africa’s biggest insurer, intends to buy …
Tag:
South Africa
- BusinessInformation & TechnologySouthern AfricaTechnology
VodaPay celebrates its first anniversary, gives away R1 million in cash in
October marks one year since the launch of South African super app, VodaPay – the one app for everything and anything. In celebration of the company’s milestone, it is will …
- BusinessSanlamSouthern Africa
Sanlam plans to buy large stake in JSE-listed investment group AfroCentric
Sanlam has made an offer to buy a controlling stake in black-owned JSE-listed investment group AfroCentric, which owns medical aid administrator Medscheme. Sanlam wants to acquire at minimum 36.6%, or …
- BusinessSouthern Africa
Glencore faces lawsuit from investment and pension funds in UK after pleading guilty to bribery charges
Glencore faces a raft of class-action style lawsuits from investment and pension funds in the UK, months after the mining giant pleaded guilty to market manipulation and bribery. Mubadala Investment …
- BusinessSouthern Africa
Supreme Court of Appeal rules against ACSA amendment objection to additional assessment
The Supreme Court of Appeal (SCA) has ruled that Airports Company South Africa (ACSA) is not entitled to amend an objection against an additional assessment of its 2011 tax year …
- BusinessInformation TechnologySouthern AfricaTechnology
RSAWEB emerges winner as Best Internet Service Provider for two years in a row
RSAWEB has scooped the coveted Best Internet Service Provider (ISP) award as voted by over a million listeners in the KFM Best of the Cape awards for the second year in …
- BusinessSouthern AfricaTransportation & LogisiticsTravel & Tourism
FlySafair adds 11 new destinations to its flight operations
FlySafair says it has received approval to operate flights to 11 new destinations within the Southern African region, following a meeting of the Air Services Licensing Council of South Africa …
Top global diamond producer De Beers has announced oil and energy industry executive Al Cook as the new CEO of the group, taking over from Bruce Cleaver who will move …
Kumba Iron Ore, a subsidiary of Anglo American, has warned its production will be hit by the organization-wide strike at Transnet. Kumba on Monday said it had received a notice …
- AfricaAFRICA NEWSEconomyNewsSouth AfricaSouthern Africa
Judge Bernard Ngoepe bows out as SA’s first Tax Ombud
Judge Bernard Ngoepe has officially ended his time as South Africa’s first Tax Ombud. Ngoepe held the role for three terms, from 2013 until 30 September 2022. The finance ministry said …