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Feb 26, 2018
South Africa’s Bidvest Group on Monday named Mark Steyn, the financial head of its freight business, as the next group chief financial officer after the trading, services and distribution firm…
Feb 26, 2018
The ECOWAS Commission has signed a trade and investment cooperation agreement with the Republic of Turkey as part of efforts to deepen economic cooperation between members of the Sub-regional body…
Feb 19, 2018
South Africa’s rand steadied against the dollar in early trade on Monday, holding near a three-year high touched on Friday after President Cyril Ramaphosa said tough decisions would be made…
Feb 17, 2018
Dangote Cement Plc, owned by Africa’s richest man, has revived plans for a share sale in London that could raise about $1 billion, according to people familiar with the matter.…
Feb 02, 2018
Global e-commerce and m-commerce giant, Mall for the Africa has announced its expansion into 11 new countries in Africa. In response to increased demand for its patented platform, the app…
Feb 02, 2018
South African cement maker PPC Ltd said on Friday group revenue improved in the nine months to December 31 despite a lag in its home market. “The lack of large…
Jan 31, 2018
Consumer confidence in South Africa improved slightly in the fourth quarter, reflecting stronger-than-expected economic growth in previous quarters, a survey showed on Wednesday. The consumer confidence index, sponsored by First…
Jan 29, 2018
South African utility Eskom will publish interim financial results on Tuesday, the company said, in time to meet a Jan. 31 deadline set by the Johannesburg Stock Exchange, which had…
Jan 27, 2018
The IMF recently revised South Africa’s economic growth forecast downward for 2018, following a stressful 2017, marked by uncertainty and serious public scrutiny, with business confidence hitting a 30-year low.…
Jan 24, 2018
IMF chief Christine Lagarde said on Tuesday she had met with South African Deputy President Cyril Ramaphosa on the sidelines of the World Economic Forum in Davos and agreed that…
Jan 20, 2018
South African cement producer PPC said on Friday it has reached agreement with lenders to reschedule the debt relating to a new $300 million plant in the Democratic Republic of…
Jan 15, 2018
Zimbabwe’s state diamond company is expected to produce at least 3 million carats this year, up 65 percent from 1.8 million in 2017, the mines minister told parliament on Monday.…
Jan 03, 2018
Steinhoff will have to restate its 2015 accounts and maybe earlier figures, the South African retailer said earlier this week, having already warned on its 2016 numbers. The owner of…
Dec 29, 2017
MTN Group, Africa’s biggest mobile phone operator, said on Thursday it had assigned a $231 million shareholder loan to phone tower group, IHS Holding Ltd, impacting its 2017 profits. MTN,…

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