The ban is due to a surge in drug trafficking and fraudulent behavior by Nigerian tourists.
Author: Staff Writer
Transnet has selected International Container Terminal Services (ICTSI) as the preferred bidder for a joint venture to develop and upgrade the Durban Container Terminal Pier 2 over a 25-year term.
Amsa’s CFO, Siphamandla Mthethwa, has resigned after just 16 days in the job.
Fitch Ratings has affirmed South Africa’s long-term foreign and local currency debt ratings at ‘BB-‘.
Indluplace Properties, a residential-focused REIT, is set to delist from the JSE in August following a buyout offer from diversified group SA Corporate.
Shein, a Chinese apparel company, is becoming a major player in the global fashion industry, with a market value of $100 billion and a strong presence in over 150 markets.
Richemont, the owner of luxury brands such as Cartier and Mont Blanc, lost nearly R160 billion in market value in a single day after its shares fell almost 10% on Monday.
Jan Oberholzer, former COO and current advisor of Eskom, is leaving the company at the end of July.
MTN was named the best voice network in South Africa, beating out competitors Vodacom, Cell C, and Telkom.
William Mzimba, who has helped to grow Vodacom’s enterprise business over the past five years, will retire from the company at the end of September.