Author: Staff Writer

The building materials group aims to meet customer demand and enhance operational efficiency with the acquisition.

Alibaba announced that current chairman and CEO Daniel Zhang will step down in September and be replaced by current executive vice chairman Joseph Tsai.

South African self-storage property fund Stor-Age reported a 3.6% rise in full-year distributable income to 118.14 cents per share.

Cell C appoints Jorge Mendes as new CEO, effective July 2022

Eskom has announced that it has agreed on a 7% wage increase for all non-managerial employees over a three-year period.

South African insurer Gardrisk, has named Lourens Botha as its new Chief Executive Officer.

Vodafone CEO Margherita Della Valle has announced a 15 billion pound merger of its UK mobile operations with those of CK Hutchison to form a new market leader, marking her first win since taking over in April.

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.

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.