Operations are soon to begin at Sibanye-Stillwater gold mines in South Africa after it signed a three-year wage agreement with trade unions, the miner said in a statement on Monday. …
South Africa
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BusinessEconomySouthern Africa
Ramaphosa to tackle issue of unemployment, announces 100,000 new jobs in South Africa
The government plans to introduce several reforms to create jobs for the country’s millions of unemployed young people, says president Cyril Ramaphosa. Writing in his weekly open letter to the …
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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 …
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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 …
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SARS, South African Revenue Service has announced the start dates and details for the 2022 tax season, with the tax authority warning of penalties for South Africans who fail to …
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MultiChoice, Africa’s leading entertainment company is looking to spend half its content investment on African-made shows with local actors and producers within the next two years. The aim by Africa’s …
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TFG – the JSE listed vertically integrated clothing, homeware and furniture retailer has staged a strong ‘post Covid’ recovery, with full-year revenue hitting a record R46.2 billion for its year …
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Comair’s business rescue practitioners (BRP) have lodged a court application to liquidate the airline after they failed to raise the funding needed to save it and resume operations, the BRPs …
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The Shoprite Group which offers global money transfers to 100 different countries has warned of a suspected data “compromise”. Customers who did money transfers to and within Eswatini and within …
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Banking, Finance & InvestmentSouth Africa
Standard Bank appoints Yewande Sadiku as Head of Investment Banking, International.
Standard Bank has announced the appointment of Yewande Sadiku, the immediate past CEO of the Nigerian Investment Promotion Council (NIPC), as Head of Investment Banking, International. This was confirmed via …