Max Magor Ndiaye appointed as Director of the Syndication, Co-financing, and Client Solutions Department at the African Development Bank.
Author: Staff Writer
Reinet’s net asset value decreased by 2.9% in the last financial year.
Andile Sangqu has been named the new chairperson of Transnet.
The World Bank’s Private Sector Investment Lab has been launched.
The deal would be the largest for Microsoft and the biggest in the history of the video game business.
The FSCA is warning consumers about a rise in money mule scams.
The Competition Commission has referred Sasol Gas to the Competition Tribunal for excessive pricing of natural piped gas, in violation of the Competition Act.
Christo Wiese, a South African billionaire, has reclaimed his position among Africa’s wealthiest billionaires after a four-year absence caused by the Steinhoff accounting scandal. Wiese’s fortune has soared primarily due to his 11.63-percent stake in retail giant Shoprite Holdings. Despite facing financial difficulties from the Steinhoff scandal, Wiese’s resilience and astute investments across various African countries have catapulted him back into the billionaire ranks. Shoprite Holdings, where Wiese holds a significant stake, has emerged as South Africa’s largest food retailer and the continent’s leading retail giant. Wiese’s success story serves as a testament to the importance of a diversified portfolio…
The North Gauteng High Court has placed the Post Office in business rescue following a request by the communication minister.
The cost of borrowing in South Africa is expected to increase later this month, adding more hardship to debt-laden consumers.