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Bridge City public-private partnership leads to economic transformation
In his Budget Speech 2018, South African Finance Minister...
PwC comments on proposed 1% VAT rate increase
The Minister of Finance announced in his Budget speech...
National Treasury to assist state-owned companies
South African National Treasury will assist state-owned companies (SOCs)...
SA government to spend ZAR57 billion on free higher education
Government will spend ZAR57 billion on free higher education...
South African budget deficit to narrow by 3.5%
South African Finance Minister Malusi Gigaba says government expects...
GDP growth expected to be 1.5% in 2018
South Africa’s Gross Domestic Product (GDP) is projected to...
Illovo Sugar Africa positive economic impact estimated at ZAR23.8 billion
Illovo Sugar Africa today, 21 February 2018, announced that...
Glencore funds from operations up 49%
Our performance in 2017 was our strongest on record,...
Kwesé and iflix seal deal in sub-Saharan Africa
iflix and Kwesé, have announced an expansion of their...
South Africa gears-up for 2018 Budget Speech
Malusi Gigaba, South African Finance Minister will, today, 21...

Business

AU Trade Commissioner confirms Africa needs to create a free trade area

Wednesday, December 6th, 2017

AU Trade Commissioner confirms Africa needs to create a free trade area

Africa is doing the right thing in creating the Continental Free Trade Area (CFTA) despite the current retreat from multilateralism, Albert Muchanga, the African Union’s Commissioner for Trade and Industry, said in Cairo today. Delivering the keynote lecture at the second edition of the African Export-Import Bank (Afreximbank) Trade and Development Seminar Series, Mr. Muchanga

Mastercard officially launches Kionect for Nairobi small businesses

Wednesday, December 6th, 2017

Mastercard officially launches Kionect for Nairobi small businesses

Mastercard today unveiled Kionect, a digital ordering system that empowers small kiosk owners in Nairobi to order and pay for products from wholesalers via SMS. Orders submitted via a feature phone helps create a digital record for...

First 5 Starhansa flight lands in South Africa

Wednesday, December 6th, 2017

First 5 Starhansa flight lands in South Africa

Lufthansa German Airlines, being Europe’s largest airline landed its first 5 Starhansa flight in Johannesburg, South Africa on 5 December 2017. The 5 Starhansa model derives from Lufthansa being certified as one of the world’s five star...

Sandown Capital Limited lists on the Johannesburg Stock Exchange

Tuesday, December 5th, 2017

Sandown Capital Limited lists on the Johannesburg Stock Exchange

Sandown Capital Limited (JSE:SDC) listed in the Equity Investment Instruments sector on the main board of the JSE. Sandown Capital is the 18thcompany to list on the JSE this year. “The JSE is proud to enable companies...

EU-Africa Business Forum focuses on the continent’s future generation

Friday, December 1st, 2017

EU-Africa Business Forum focuses on the continent’s future generation

The 6th EU-Africa Business Forum opened in Abidjan, Côte d’Ivoire, on Monday, with an emphasis on job creation and investment in young people. The central theme of the Forum is “Investing in Job Creation for Youth.” Speaking...

Rio Tinto and Sinosteel extend Channar Mining JV

Saturday, November 25th, 2017

Rio Tinto and Sinosteel extend Channar Mining JV

Rio Tinto and China’s Sinosteel Corporation have agreed to extend their historic Channar Mining Joint Venture. This third extension of the joint venture, confirmed in Beijing by Rio Tinto chief executive J-S Jacques and Sinosteel chairman Xu...

South African Reserve Bank Repo Rate remains at 6.75%

Thursday, November 23rd, 2017

South African Reserve Bank Repo Rate remains at 6.75%

The Reserve Bank on 23 November 2017 kept the repo rate unchanged at 6.75% per annum, announced South African Reserve Bank Governor, Lesetja Kganyago. “The Monetary Policy Committee (MPC) has decided that it would be prudent to...

Dangote Cement focuses on industrial revolution across Africa

Thursday, November 23rd, 2017

Dangote Cement focuses on industrial revolution across Africa

Dangote Cement Plc, one of Africa’s largest cement company, on 22 November 2017, added fillip to the on-going efforts at economic emancipation of Africa when it formally opened its 1.5mtpa capacity cement plant in Mfila, Congo Brazzaville....

SA REITs makes 12% of the Top 100 Companies

Monday, November 20th, 2017

SA REITs makes 12% of the Top 100 Companies

South African REITs (real estate investment trusts) once again ranked high among the country’s top companies earning the most for shareholders. The sector featured strongly overall in the list of the Top 100 Companies on the Johannesburg Stock...

Afreximbank raises $150 million for Samurai loan facility

Friday, November 17th, 2017

Afreximbank raises $150 million for Samurai loan facility

The African Export-Import Bank (Afreximbank) has successfully completed its first ever Samurai Syndicated Term Loan Facility, raising the equivalent of US$150 million, comprised of two tranches of JPY 6.2 billion and US$100 million. Bank of Tokyo Mitsubishi...

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