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: SABC Is Pressing Ahead With Proposals To…
South African Broadcasting Corporation (SABC) is pressing ahead with the motion to slash hundreds of job particularly some less relevant jobs so as to save cost and the economy due to the impact of the…
Business: A Fintech Company Has Been Chosen For…
A South African Fintech company has been chosen for a worldwide Startup program specifically sponsored by MasterCard, this is an initiative to create a Matercard paycode for a South African Fintech company. Amy Neale, Senior…
Business: SA Data Center $250 Million Teraco Plans
A south African Data center in the name of Teraco Data Environment Ltd is set to invest over $200 million to build an enabling data environment according to a statement by the CEO. The mainland's…
Business: Motus Holdings In The Estimation Of Positive…
The share price of Motus Holdings has increased drastically, which is a surprise due to many companies feeling the impact of the coronavirus in Africa. The drastic increase comes less than 6 months. Motus shares…
Business: The Best Results By Emerging Markets
Now that Democrat Joe Biden has been declared winner of the presidential election in the US, all the financial protocols put in place by President Donald Trump will changed due to incoming president policy. Economist…
Business: Economic Recovery Strategy For Africa
Busisiness in Africa has been on downward trajectory ever since the inception of the coronavirus pandemic that has Killings thousands of people which as incapacitated business venture. While boost bundles are being molded to enable…
Business: Liquid Telecom raises Over $300 million To…
Liquid Telecom has raised over $300 million dollars in the possible enlargement of an African Data Centre. This is to create an enabling environment business entrepreneur to create more business, This is a very good…
Business: Modest Change In The Conditions Of Business
As the world struggles to recover from the coronavirus pandemic, business and Economy has beenhit the most. This as prompted Business organization all around the globe, particularly in Africa to propose a change in condition…
Business: Double dividend pay ratio of AngloGold
AngloGold is set to double the dividend of the mode of payment of its staffs. AngloGold is one of the biggest gold company in Africa at large, the company also has branches in Europe. The…
Business: South Africa Set To Bail Out Airline
Tito Mboweni as approved the budget $641 million which is for the South African Airways, this is to resuscitate the aviation industry. Mboweni made the declaration in Wednesday's medium-term spending strategy proclamation, finishing a long…
Business: Dangote Set To Delay Cement London Listing
Africa richest man Aliko Dangote is set to delay his cement listing in London, There has been talks about Aliko Dangote selling his shares in his cement maker in the stock exchange. Dangote Cement Plc,…
Business: Company Raises Over $12 Million For Africa’s…
A reputable soft provider has raised over the excess of 12 billion dollars for solar industry in Africa, this is to provide power for every house in Africa through solar energy. Previously, the sheer expense…
Business: Emerging markets Are Better Placed After COVID-19…
The fate of emerging businesses all over Africa will feel next to no impact of the coronavirus pandemic according to serial business analyst Franklin Templeton. In an introduction for the Morningstar Investment Conference prior this…
Business: What US Presidential Race Means For African…
The US election comes up on Nov 3, there is no denying the fact that the elections outcome may impact business in Africa. Calvin Dark, a specialist on US-Africa relations, talked on the great possibilities…
Business: Popular Venture Set To Raise Over 480…
Popular Nigerian endeavor intends to raise 480 billion naira throughout the following three years to purchase power meters and help power merchants plug an income hole in Africa's most crowded country. Not exactly a tenth…
Business: SA Grape Industry Set To Release Crop…
A popular South Africa grape industry is set to release a crop estimate for the 2020/2021 SATI executive Fanie Naudé said that this flagged a normal getting back to typical industry volumes while additionally mirroring…
Business: The Growth Of Mobile Money Despite COVID-19
The impact of the coronavirus has forced the creation of digital and mobile money, due to the lockdown imposed by various government authorities in the wake of the pandemic. This has enabled the use of…
Business: Mboweni in difficult situation over MTBPS
The impact of the has been felt by countries all over the world particularly the business and economic sector. Tito Mboweni the finance minister of South Africa has been at logger heads with business ventures,…