Business

Business: Former execs ‘conspired’ to benefit the Gupta brothers – Eskom

Former Eskom executives conspired with the Gupta brothers and their enterprise associates for six years to syphon dollars from the…

August 6, 2020

Business: Hospital group is taking on the uninsured market in SA and NHI

It might also be a small rival to the likes of Netcare and Mediclinic but RH Bophelo is making huge…

August 5, 2020

South Africa: Alcohol Ban Cost Economy More Than $892 In Taxes

Brewing and beverage business enterprise Distell said on Monday the alcohol industry had already lost 118,000 jobs. Whilst nearly 800…

August 4, 2020

Business: Pedro’s creates first premium ogogoro in Africa

Ogogoro is a West African alcoholic drink extracted locally from palm bushes frequently served to guests or consumed in local…

August 3, 2020

Business: Downsized Hajj Affects Somalia’s Livestock Trade

The Hajj, a time of celebration when Muslims journey to Mecca each year. A pilgrimage that economically benefits Somali cattle…

August 2, 2020

Business: Oil edges higher as fears about sliding demand rise

Oil prices recovered in addition floor on Friday, after touching three-week lows in the previous session, responding to a document…

July 31, 2020

IMF loan payback: It’s a stupid economy

The current R70-billion loan by the International Monetary Fund (IMF) to South Africa has been acquired with combined critiques via…

July 30, 2020

Business: Discovery of Mediterranean gas off Egypt could generate 32mn cubic feet per day – El-Molla

The new gasoline discovery off Egypt’s Mediterranean coast could produce up to 32 million cubic ft per day, its Petroleum…

July 29, 2020

Business: Julius Berger Nigeria Plc Loses N1.9bn in Six Months

Julius Berger Nigeria Plc has said a loss of N1.931 billion for the six month ended June 30, 2020, compared…

July 28, 2020

Business: Cardinal urged to accept Shandong Gold offer

Shandong these days elevated its bid for the ASX and TSX-listed Cardinal from the 60c a share offered in June…

July 27, 2020

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