PetroSA is taking steps to end a legacy of mismanagement and continuing annual losses as it plans a project with TotalEnergies , according to its interim chairman. The state-owned oil …
South Africa
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South African Airways Returns its Operations in Kenya After 2-Year Break
South African Airways (SAA) has resumed its operations in Kenya after shutting down for the last two years. The South-African national carrier has opened a new booking office in Yaya …
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South Africa submits new climate plan to win $8.5bn for coal switch
South Africa has submitted to some of the world’s richest nations a revised plan for how it will spend a proposed $8.5 billion to help it transition away from coal, …
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Google to establish its first African cloud region in South Africa
Google on Wednesday announced its intent to establish a new Google Cloud region in South Africa – its first on the continent. This was made known at the second Google …
- BusinessEntrepreneurshipKenya News
South Africa Massmart to shut down its three outlet Game stores in Kenya
South African retail giant Massmart, which operates the Game Stores, plans to shut down its three outlets in Kenya, after rival supermarkets snubbed sale offers, giving a new dimension to …
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Oceana to sell off its cold storage business
Oceana, South Africa’s Fishing group will be selling its commercial cold storage (CCS) business to a consortium of investors in a R760 million deal, a transaction that it says will …
- BusinessEastern AfricaINVESTMENTSafaricom
Safaricom value dips under Sh1trn on foreign investors after US rate hikes
The value of Safaricom at the Nairobi bourse has dipped below the Sh1 trillion mark on foreign investors’ flight in the wake of rate hikes in the US. The telco …
SATAWU, The South African Transport and Allied Workers Union plans to down tools as early as Monday, while the United National Transport Union (UNTU) said it served a 48-hour notice …
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MTN SA launches green energy programme
MTN South Africa has launched a request for proposal (RFP) which will see the MTN Headquarters becoming a completely “green” office. The operator, whose head office is located on the MTN …
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Eskom employees receive an additional 1.5% wage increase
Employees of troubled South African power company Eskom have been awarded a further 1.5% wage increase, backdated to July 2021. The Commission for Conciliation, Mediation and Arbitration (CCMA) ruled on Thursday (29 …