The Global Minimum Tax Act which requires large multinational enterprises (MNEs) operating in the nation to pay a global minimum corporate tax rate of 15% was formally signed into law by South Africa in a…
Business: Bitcoin Price Rises To A New Level
The price of the Bitcoin seems to be rising by the day in the financial sector,. The cryptocurrency is on a upward trajectory ever since late last year. This massive growth can be partly attributed…
Business: Airlines Attempt Super Modest Tolls To Get…
Airline across the world will try to use cheap fares to kickstart the aviation sector that has been affected by the coronavirus pandemic, 2020 has been particularly bad for the aviation industry due to the…
Business: REPP Invest £1 Million Into A Battery…
The Renewable Energy Performance Platform (REPP) has decided to invest a whopping one million pounds into a popular renewables powered battery organization. The sole aim for this proposed investment is to provide power to rural…
Business: Grit Set To Have A Premium Listing
Top real estate company in Africa, GRIT Real Estate is set to be listed in the London stock exchange, this is a welcome development for the real estate company. Grit Real Estate is also the…
Business: Siemens Gamesa Partners With Ethiopian Electric Power…
Top wind engineering company organization, Siemens Gamesa has partnered Ethiopian Electric Power (EEP), the aim of this partnership is to generate Renewable energy inform of power for close to 400,000 houses in the country. The…
Business: Bitcoin Rises Above $30,000
Digital currency Bitcoin has rallied above $30,000 for the very first time ever, the Bitcoin has been on a periodic rise since the later part of 2020. This has been a wonderful development for traders…
Business: African Streamlined Commerce Coalition Gets Started
The countries in the continent of Africa has started trading under a recent free trade area on Friday, this is coming after many months of delay due to the lockdown imposed by the government authorities…
Business: AngloGold Ashanti Finishes Offer Of Whole Stake…
Top mining company, AngloGold Ashanti has declared on Thursday that their partner IMG has finally completed the takeover of SEMOS, this is going to be a new development in the mining world. Prior to fulfillment…
Business: Rand Opens Slightly Weaker As South Africa…
The rate of the South African Rand has fallen due to the impact of the coronavirus in the world particularly in South Africa. Over one million people has tested positive for the novel coronavirus which…
Business: Nigeria’s Top Bank Aims To Double Its…
Popular Nigerian Bank, Access Bank wants to double the client numbers, the bank also plans to do this within three years due to the growing population of Africa. The Lagos-based moneylender is making a holding…
Business: Negotiation For The Sale Of Burger King…
South African company, Grand Parade Investments (GPI) has annouced the date for share purchase agreement (SPA). This is for the proposed sale of Burger King Plant which has reportedly hit a setback. In any case,…
Business: Despite Economic Woes, Nigeria’s Fintech Territory Is…
The Economic of countries particularly African countries has suffered massively from the impact of the coronavirus pandemic, Finances of major businesses has been crippled, yet the Nigerian fintechs scene is prospering and successful despite the…
Business: Nersa Board Asks Chairman Jacob Modise To…
National Energy Regulator of South Africa has specifically asked chairman, Jacob Modise to resign from his position effective immediately. In an explanation, Nersa said that it had considered the judgment in the issue among Modise…
Business: Favorable luck supports PGMs in 2020
Favorable luck has shined on mining companies in South Africa, This can be attributed to the recent rise in gold price in the country earlier this year. Platinum companies has also benefitted from this development.…
Business: Eateries And Retail Feel The Impact Of…
As the world struggles to recover from the impact of the coronavirus, the restaurant and retail sector in the country has particularly felt the impact of the coronavirus due to the lockdown imposed by government…
Business: Government Underpins SAA Plan To Lockout Pilot
The South African government has shown supports behind South Africa Airways plan to lockout pilots, this is coming due to the crisis on a proposed term used to employ people. SAA pilots, the most generously…
Business Wary, However Invites The Most Recent Covid-19…
The South African economy is slowly recovering from the impact of he Covid-19 pandemic, the recovery has been slow due to the recent second wave of the coronavirus. The government of the country is looking…
The Automotive Market Is Undergoing A Huge Change
The automobile sector is undergoing a huge change in the country this is due to the recent change in business policy as annouced by government authorities in South Africa. The car business contributes 6.4 percent…
