Standard Bank has announced a significant increase in the responsibilities of Kenny Fihla, the head of corporate and investment banking (CIB). Fihla’s expanded role positions him as a strong candidate to succeed group CEO Sim Tshabalala.
Author: Staff Writer
According to a recent report, global coal demand reached an all-time high in 2023, surpassing 8.5 billion tonnes for the first time.
Toyota, one of the world’s leading automakers, finds itself entangled in a safety scandal that threatens to undermine its reputation and erode consumer trust.
Isabel dos Santos, daughter of former Angolan President Jose Eduardo dos Santos, has had billions of dollars in assets frozen in a legal dispute with Unitel, a telecommunications firm.
InfoVerge Solutions, a prominent player in the IT consulting and Microsoft Systems Integration field, has announced the appointment of Musawenkosi Mahlaba as their new Chief Executive Officer (CEO). Mahlaba brings with him over 24 years of experience in the ICT sector, demonstrating expertise in sales and leadership.
In a groundbreaking announcement, President William Ruto declared that starting from January, visitors from all around the world will no longer require a visa to enter Kenya. This move aims to promote tourism and ease travel for international visitors.
Mark Cuban, the renowned billionaire investor and entrepreneur, has thrown his support behind a $1 billion carbon venture in the Congo. This investment marks Cuban’s commitment to addressing climate change and promoting sustainable practices.
Bell Equipment, a leading capital equipment manufacturer, has announced the return of management control to the Bell family as it appoints a new CEO.
Renault has sold a portion of its stake in Nissan as part of efforts to rebalance the alliance between the two automakers. The sale involves approximately 5% of Nissan’s equity capital and is valued at €765 million.
Kenya is implementing a schedule for potential rotational blackouts to protect its power transmission network from overloading. This measure comes in response to a widespread blackout on Sunday, the third occurrence since August.