Glencore Plc’s first half-profit from trading commodities will be bigger than it typically reports for an entire year, putting it on course for a record 2022 as the resources giant …
South Africa
- Banking, Finance & InvestmentBusinessSouth AfricaTechnology
Kenya Archives In Diaspora Inflows As It Emerges Worldremit’s Top 3 Markets
Kenya has established itself as a market with increased diaspora inflows after a report by global payments company, World remit indicated that it was among the top 3 countries in …
Technology group EOH has concluded the sale of four information services businesses managed by its subsidiary EOH Mthombo, in a R422-million transaction with Bachique 842. The companies that have been offloaded are …
The MDDA is the statutory body responsible for developing media projects in South Africa. There appear to be serious governance problems with the agency. Last week we reported that the Association …
- BusinessSouthern AfricaTransportation & Logisitics
Transnet Freight Rail reopens, Containers set to resume movement
Transnet Freight Rail has reopened a line on the Container Corridor, a key economic node to move freight between Gauteng and Durban with Transnet progressing to repair its flood-hit operation. …
Coca-Cola said it would delay the planned initial public offering of part of its stake in an African bottler of its products, saying a rescheduled debut would depend on factors …
As part of its centralized network strategy, Massmart, owner of Game and Builder has opened a new distribution center at Riversands, Johannesburg. The 75 000m2 warehouse facility, which is larger than …
- BusinessCryptocurrencySouthern AfricaSpotlight
Cassper Nyovest becomes global ambassador at Bitcasino
Casspar Nyovest, one of the biggest names in African hip hop is now a member of the latest superstar ambassador at the world’s favourite crypto casino, Bitcasino. The south african …
- AfricaBusinessEnergyOil & GasSouthern Africa
TotalEnergies wins stake in $29bn Qatar gas project to boost exports
TotalEnergies SE became the first foreign company to win a stake in a multi-billion dollar project to boost Qatar’s gas exports. Qatar is expanding production of liquefied natural gas amid …
- BusinessSouthern AfricaTransportation & Logisitics
South African Mercedes-Benz owners to stop driving cars, NCC urges
South African Mercedes-Benz owners has been urged by the National Consumer Commission (NCC) to stop driving its cars following a global recall. The recall is attributed to possible brake failure …