BizNis Africa
Latest News
Lidya raises $6.9 million in Omidyar Network investment fund
Lidya, the digital financial services platform focused on improving...
AfDB and Korea launch the Korea-Africa energy investment facility
The Government of Korea and the African Development Bank...
Korea announces $5-billion financial package for Africa
The Government of Korea and the African Development Bank...
World Leaders on Facebook reveals that Botswana Government has busiest page
Indian Prime Minister Narendra Modi is the most followed...
IDC officially opens new Emalahleni Office in Mpumalanga
The Industrial Development Corporation (IDC) has officially opened its...
Telecom Egypt secures $200 million Afreximbank financing for ICT infrastructure
The African Export-Import Bank (Afreximbank) will commit up to...
Ecsponent to invest ZAR400 million into venture capital company Capitis
Ecsponent Limited today, 23 May 2018, announced a transaction...
East African Banks dominate 2018 African Banker Awards
Winners of the 2018 African Banker Awards (AfricanBankerAwards.com) have...
Regional cooperation, structural reforms key to Africa’s economic transformation
Africa’s development agenda must focus on the socio-cultural and...
Facebook officially launches first hub facility in Africa
Facebook today, 22 May 2018, unveiled NG_Hub in Lagos,...

Business

State Owned Entities (SOEs) pose risk to South Africa’s fiscal position

Tuesday, February 20th, 2018

State Owned Entities (SOEs) pose risk to South Africa’s fiscal position

SOEs have a crucial role in maintaining the basic infrastructure of South Africa. Some of the main sectors where SOEs are dominant include electricity, transport, mining, water, and telecommunications. In the 2015/16 financial year, the overall financial position of SOEs improved, compared to the previous year. This was mostly due to capital investment and positive

Emerging Africa Infrastructure Fund commits $200 million in loans

Tuesday, February 20th, 2018

Emerging Africa Infrastructure Fund commits $200 million in loans

The Emerging Africa Infrastructure Fund (EAIF), suppliers of debt finance to private sector infrastructure projects in sub-Saharan Africa, said on 19 February 2018 that it had ended 2017 on a high note with $200 million in loan...

Strict fiscal consolidation crucial to avoid Moody’s downgrade

Monday, February 19th, 2018

Strict fiscal consolidation crucial to avoid Moody’s downgrade

The shocking abandonment of fiscal consolidation as a key policy anchor in the October 2017 Medium Term Budget Policy Statement (MTBPS) led to the downgrade to sub investment grade by S&P and the credit watch by Moody’s....

Japan to provide $700 million to African Development Fund

Friday, February 16th, 2018

Japan to provide $700 million to African Development Fund

The Japan International Cooperation Agency (JICA) has signed a loan agreement with the African Development Fund (ADF) designed to provide an Official Development Assistance (ODA) loan to the tune of 73.601 billion Japanese Yen (about $700.9 million)....

Exclusive – Meet Rekindle Learning new CEO Nomsa Seisa

Friday, February 16th, 2018

Exclusive – Meet Rekindle Learning new CEO Nomsa Seisa

In Africa, there’s a lack of women in top technology management positions.  As a continent, we urgently need female leaders and role models that can deliver great work and hold top positions. Women can deliver on that...

PwC unveils 2018 Budget Speech predictions

Thursday, February 15th, 2018

PwC unveils 2018 Budget Speech predictions

PwC on 14 February 2018 unveiled the 2018 South African Budget Speech Predictions.  In her opening remarks, Lullu Krugel, PwC Africa Chief Economist confirmed that ” This is going to be a tough and interesting budget.”  “We...

S&P Global Ratings – South Africa’s rating remains steady

Thursday, February 15th, 2018

S&P Global Ratings – South Africa’s rating remains steady

Today, 15 February 2017, Cyril Ramaphosa was formally sworn in as the new South African President. In our last report, “South Africa Ratings Lowered On Weakening Economic And Fiscal Trajectory – Outlook Stable,” published 24 November 2018,...

Dis-Chem retail sales rises to ZAR7.9 billion

Thursday, February 15th, 2018

Dis-Chem retail sales rises to ZAR7.9 billion

South African pharmaceutical group Dis-Chem announced today, 15 February 2018, reported a 14.2 percent increase in retail turnover to ZAR7.9 billion for the 22 weeks to 2 February 2018. Total group turnover grew by 13.1 percent to ZAR8.5...

Transnet Engineering seals ZAR2 billion deal to deliver trains in Zimbabwe

Tuesday, February 13th, 2018

Transnet Engineering seals ZAR2 billion deal to deliver trains in Zimbabwe

South Africa’s state logistics company Transnet said today, 13 February 2018, it would on Friday deliver the first locally built mainline locomotives, wagons and passenger coaches to the National Railways of Zimbabwe in a transaction valued at...

Comair profits rise to ZAR203 million

Tuesday, February 13th, 2018

Comair profits rise to ZAR203 million

Comair Limited, today, 13 February 2018, issued its interim financial results, reporting a record first-half performance for the 2018 financial year, similar to that achieved in the first half of the previous year. This has resulted in...

Page 8 of 162 1 3 4 5 6 7 8 9 10 11 12 13 162