Business

DRC: RAWSUR SA, RAWSUR LIFE SA Gets Accredited As Insurance Companies

Insurance companies RAWSUR SA and RAWSUR LIFE SA on Tuesday announced the Autorité de Régulation et de Contrôle des Assurances…

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Telkom Launches R499 FreeMe 20GB SIM-Only April Big Deal

Mobile operator Telkom has rolled out its Big Deal for April 2019, which is being touted as the best data…

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SMB-Winning Consortium Lays Foundation of New Railway In Guinea

The SMB-Winning Consortium on Friday laid the foundation of a 130-kilometer long railway line which will connect the Dapilon terminal…

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MTN Updates Contract Subscription Prices

Mobile operator, MTN, has announced it is going to update its subscription prices with effect from May 1, 2019. The…

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CFAO In Talks With Steinhoff Group To Acquire 74.9% Capital Of Unitrans Motor Holdings

CFAO, one of the leading distribution companies operating in Africa, on Thursday announced it is currently into exclusive negotiations with…

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Vodacom In Talks With Rain & Liquid Telecom To Launch 5G In South Africa

Vodacom is reportedly in talks with Rain and Liquid Telecom to launch 5G products in South Africa. It is believed…

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Naspers To List NewCo On Euronext & Johannesburg Stock Exchanges

South Africa-based media and internet giant, Naspers, on Monday, announced it will float its e-commerce ventures on the Euronext stock…

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Cell C Considering Drastic Measures To Get Out Of Financial Debt- Report

Mobile network operator, Cell C’s latest financial results suggest the company is currently in R8.9-billion debt. Its poor financial situation…

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Cell C Withdraws Miss South Africa Pageant Sponsorship

Cell C has reportedly pulled back its sponsorship of the Miss South Africa pageant as the mobile networking giant is…

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Danone Communities Announces Investment In Impact Water Nigeria

Danone Communities, the food group Danone’s investment fund and incubator for social enterprises targeting low-income populations, has announced a new…

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SA SME Fund Injects R110 Million In Hardware Tech Incubator Savant

SA SME Fund has reportedly invested R110 million in Cape Town based hardware tech incubator Savant. The announcement was made…

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First Africa Leads Survey Results Revealed At Africa Forum 2019

The result of Africa Leads, the first barometer of the French Investors Council in Africa, was revealed at the recently…

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ArcelorMittal Applies For Electricity Tariff Relief In South Africa

Africa’s largest steel producer ArcelorMittal South Africa (AMSA) has reportedly applied for a tariff relief for its operations in Gauteng,…

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Eskom Data Leak May Have Exposed Personal Details Of A Number Of Customers

South Africa’s largest electricity company, Eskom, is currently going through a bad financial phase. While the President Cyril Ramaphosa led…

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First National Bank (FNB) Named As Africa’s Most Valuable Banking Brand For Second Consecutive Year

The latest Brand Finance Africa Annual Survey has ranked First National Bank (FNB) as Africa’s most valuable banking brand for…

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MTN Nigeria Shares To Get Listed On NSE By First Half Of 2019

MTN Nigeria has announced it will get listed on the Nigeria Stock Exchange by means of a listing by introduction…

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SA President Cyril Ramaphosa Claims His Investment Drive Has Already Attracted $20 Billion

President Cyril Ramaphosa claims foreign investors have already invested billions of dollars into the South African economy just a few…

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Kenyan Agri-Tech Startup FarmDrive Secures Latest Round Of Investment From 5 Investors

The Kenya-based agri-tech startup FarmDrive has received a new round of investment from five international firms including Engineers Without Borders…

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Bosasa: Journalist Adriaan Basson Reveals He Was Threatened To Stop Reporting On Bosasa

Former Bosasa Executive Angelo Agrizzi made a lot of shocking revelations related to the company’s illegal operations and how it…

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Sterling Bank Extends Loans To Non-Bank Customers Through Specta

The Nigeria-based Sterling Bank Plc has announced it is extending loans to non-bank customers and business owners through its online…

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Eskom Secures R15 Billion Loan From A Consortium Of Local & International Banks

South Africa’s cash-strapped power utility Eskom has reportedly secured a loan of worth R15 billion from a consortium of local…

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MTN Drops Out-Of-Bundle Data Rate By Up To 75 Percent For Prepaid Customers

Telecommunication giant, MTN, on Thursday, announced it has slashed its out-of-bundle (OOB) data rate by up to 75 percent for…

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Indian Smartphone Maker Lava Officially Enters Ghana

The India-based smartphone maker, Lava, has officially announced its introduction in the Ghanaian smartphone market by launching a variety of quality…

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Eskom’s Fate To Be Decided Soon, Claims Public Enterprises Minister Pravin Gordhan

Public Enterprises Minister Pravin Gordhan on Tuesday said the South African government led by President Cyril Ramaphosa will decide the…

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SABC Blames Technical Bank Glitch For Non-Payment Of Salaries On Time

The South African Broadcasting Corporation (SABC) has blamed a technical bank glitch that led to the company’s staff not being…

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