Sub-Saharan Africa is experiencing accelerated economic growth, with Ivory Coast and Tanzania leading the way, despite the underperformance of the region’s largest economies. Ivory Coast, the world’s largest cocoa producer, is expected to achieve impressive growth of 6.6%, while Tanzania is also projected to surpass 6% growth, according to the International Monetary Fund.
Author: Staff Writer
Rolls-Royce Motor Cars achieved a historic milestone in 2023 by delivering a total of 6,032 luxury vehicles worldwide. This sets a new record for the company, marking the highest number of cars delivered in its 119-year history.
Harmony Gold Mining Company Ltd. emerged as the top-performing stock in the JSE Top 40, delivering an impressive 103% increase in share price over the course of 2023.
Boeing’s stock price took a major hit after the US aviation regulator temporarily grounded a portion of its 737 MAX jets. The shares fell by 6.9% in response to the news.
Samsung Electronics reported a significant drop in fourth-quarter operating profit, falling by an estimated 35%, which was worse than analysts had anticipated.
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.
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.
