South Africa recently held its inaugural Bakkie of the Year competition, which aimed to determine the best pickup truck in the country. However, the award has sparked controversy and debate among automotive enthusiasts and industry experts.
Author: Staff Writer
Paper and packaging giant Mondi has sparked controversy with its decision to sell off its last remaining facility in Russia to Sezar Invest, a Moscow-based real estate development company.
Zeder, a leading investment company in the agricultural sector, has experienced a significant surge in its share price following the announcement of its decision to sell its stake in a prominent fruit distributor.
Pfizer, the pharmaceutical giant, has projected a 24% take-up rate for COVID-19 shots in the United States. This estimate signifies approximately 82 million people receiving the vaccine.
Mini, the renowned automaker known for its quirky designs, has announced the discontinuation of the Mini Clubman model. The decision comes as the growing demand for SUVs and crossovers in the automotive market overshadows unique car designs like the Clubman.
AngloGold Ashanti, a major gold mining company, has recently sold its 50% stake in the Gramalote project located in Colombia. The stake was purchased by Canadian B2 Gold Corporation for a significant amount of R1 billion.
Islamic banking, which follows the principles of Shari`ah, has been officially launched in Uganda after 23 years of lobbying and postponement. The service aims to provide financial services that align with Islamic principles to a broader range of people, including the Muslim community in Uganda.
Attacq, a JSE-listed company, has finalized a controversial R2.7bn deal with the Government Employees Pension Fund (GEPF) to finance the development pipeline in Midrand’s Waterfall City.
South Africans are facing a severe fuel cost crisis as petrol and diesel prices are set to skyrocket in October 2023.
Healthcare group AfroCentric has generated controversy as it announced a significant decline in annual profit, leading to the company’s decision to skip dividend payments to shareholders.