The UK and Nigeria have signed an investment deal aimed at enhancing bilateral trade and reducing trade barriers.
Author: Staff Writer
Access Holdings Plc, the parent company of Nigeria’s largest bank, has appointed Bolaji Agbede as the acting CEO after the tragic death of Herbert Wigwe in a helicopter crash.
Cape Town announces a groundbreaking initiative to pay residential households for surplus solar power generated from their installations, a first for South Africa.
Tesla’s stock price has fallen 22% in 2024, making it the worst performer among the so-called Magnificent Seven tech stocks that have been driving the S&P 500 to new heights.
Sanlam, the financial services group, is poised to acquire Bacher, a distributor and wholesaler of renowned household brands such as Tommy Hilfiger and Hugo Boss, in an undisclosed deal.
Renergen, a helium and natural gas producer, has seen a 34% decline in its share value since the beginning of the year, putting pressure on CEO Stefano Marani.
Zeda, the car rental, leasing, and sales group, is reaping the rewards of its strategy to shift the focus of its Avis fleet leasing business towards heavy commercial vehicles. This strategic move comes amid high demand for trucks in logistics, particularly due to Transnet’s rail challenges and the increased reliance on road freight by sectors such as mining, fast-moving consumer goods, and e-commerce.
MultiChoice, the DStv operator, has firmly rejected a buyout offer from French entertainment giant Canal+, citing that the proposed price of R105 in cash significantly undervalues the company and its future prospects.
The City of Cape Town has been barred from adjudicating and awarding two tenders due to objections raised by a construction group regarding the implementation of a new tender scoring system.
The financial regulator has taken decisive action against Ithala, a development agency seeking to become a full-fledged bank.