A Cameroon court has ordered banks used by MTN to transfer its funds into escrow over a dispute between South African lender First National Bank and Cameroonian businessman Ahmadou Baba Danpullo, which MTN says has nothing to do with it.
Author: Staff Writer
South African Deputy President Paul Mashatile has called on investors to continue investing in the country to change the fortunes of the economy and create enough jobs to absorb new labor market entrants.
Bunge Ltd. has agreed to acquire Viterra Inc. for $8.2 billion in cash and stock, creating a global agricultural commodity trader with operations in North America, South America, Europe, and Asia.
Vodacom has introduced new features to its VodaPay app, which allows users to deposit cash at Vodacom stores, retailers, and spaza shops, as well as send money to anyone with a phone number.
The South African Revenue Service (SARS) is pursuing international sportswear manufacturer Adidas for R1.9 billion in customs duties for allegedly underpaying these duties from 2007 to 2013.
Toyota is confident in its ability to sell millions of electric vehicles (EVs) and achieve its goal of selling 1.5 million battery EVs by 2026.
Apple Inc. shares hit an all-time high on Monday, the first since January 2022, indicating a resurgence of big tech’s leadership role.
Former MTN SA CEO Godfrey Motsa has joined the board of rival operator Cell C as the company looks to push its growth and steady investor confidence.
Ellies Holdings, a South African consumer electronics group, plans to raise R120 million from investors through a rights offer to complete two acquisitions aimed at transforming its business.