Business

Business: WorldRemit to acquire Sendwave, a remittance company with a focus on Africa

Digital, international cross-border payments company WorldRemit introduced it has agreed to collect Sendwave, a rapidly growing app-based remittance organisation in…

September 5, 2020

Business: Ethiopian Airlines Group could aid SAA

Ethiopian Airlines Group is amongst corporations in talks with South Africa’s government about potentially supplying aid to the country’s insolvent…

September 4, 2020

If lockdown laws continue to be flouted we will shut down the beer taps – brewers

The Beer Association of South Africa, which incorporates the Craft Brewers Association South Africa, Heineken and the South African Breweries,…

September 3, 2020

Business: Old Mutual defers dividend in African companies as profit

Old Mutual Ltd. suspended its interim dividend as the fallout from the coronavirus pandemic savaged earnings, and will only make…

September 2, 2020

Business: Sun International set to cut 3,300 jobs

Sun International in South Africa is planning to cut 3,300 jobs in South Africa and Chile as part of a…

September 1, 2020

South Africa: Talks With Keen Investors in State Airline South African Airways

South Africa‘s government has started talks with private entities interested in buying into the country’s insolvent national carrier, which needs…

August 31, 2020

Business: Massmart shares continue to benefit amid loss of revenue

Massmart earnings tumbled 40 percent at some point of the 26 weeks to June as store income slumped on the Covid-19…

August 30, 2020

Business: Kenya Airways sees demand drop in the middle of the pandemic more than half

Kenya Airways Plc expects demand for air tour for the rest of this year to be less than half of…

August 29, 2020

Business: AfDB Unanimously Reelected Adesina As President

Still in Position Akinwumi Adesina - a 60-year-old former Nigerian agriculture minister, was unanimously re-elected to serve as the President…

August 28, 2020

Business: Adcock Ingram revenues grow to R7.3bn by 4%

South African pharmaceutical conglomerate Adcock Ingram said on Wednesday its turnover rose four percent to R7.3 billion (US$434.1 million) in…

August 27, 2020

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