The United Arab Emirates (UAE) has always been considered an important player in the international business environment. But beyond the economic powerhouse, the UAE is increasingly becoming a role model in tolerance and a reliable…
Business: There’s No Better Place To Start Up…
There are no shielding postures here. Undaunted by using the attainable for pandemic brought on collapse in demand for commodities like sugar and cement Nigerian billionaire Abdulsamad Rabiu sees solely opportunity – in particular in agriculture, particularly…
Business: Privatisation Halted Temporarily In Ethiopian Airline
Privatisation seems to have been halted in Ethiopia Airline due to the impact of the coronavirus pandemic that seem to have halted various financial sector in Africa. Following a assessment of its Flag Carrier, Ethiopia…
Business: Sasol Tax Break Aids Growth In Pollution…
Sasol Ltd. obtained a whopping $490 million profit enhance final year thanks to the country’s fuel subsidies and its exemption from a South African carbon tax, according to the International Institute for Sustainable Development. In…
Business: Land Bank Solicit For Over R10 Billion…
The Land Bank is seeking and soliciting for for over R10 billion bailout, in the wake of the the coronavirus Pandemic which as took business entities by shock. The agricultural organization wants the government to…
Business: Carbon Prices Skyrockets After EU Assembly
The European Parliament advocated a format to toughen the bloc’s 2030 emissions-reduction target to 60% from 1990 levels, placing strain on European Union governments in upcoming talks about the ultimate form of a landmark climate…
Business: South African stocks of banks aided by…
South Africa’s main stock index advance 0.2% by 9:45 a.m. in Johannesburg as a stronger rand boosts shares in banks and gains for diversified miners counter weakness in gold and platinum producers. Investors will be…
Business: Interim Raubex profits are down by more…
Raubex, the listed infrastructure development and construction materials supply group, yesterday warned shareholders its earnings per share for the six months to August 31 were expected to be much worse than it previously forecast. In…
Netflix is hoping on boosting growth in Africa…
When Netflix first launched in Africa in 2016, early predictions suggested it was likely run into unique problems it had not faced elsewhere, from users’ spotty internet connectivity to questions over its pricing. Five years…
Business: Renergen agrees to supply LNG along the…
JSE-listed emerging natural gas and helium producer Renergen yesterday signed a supply agreement with Logico Logistics Group to supply liquefied natural gas (LNG) at Total filling stations along the N3 between Johannesburg and Durban. The…
Business: Platinum Group Metals set to become the…
Platinum Group Metals (PGMs) have overtaken coal as the biggest revenue generator in South Africa’s mining industry for the first time since 2010, according to the PwC SA Mine 2020 released earlier today. Revenue from…
South Africa: AlphaCode’s incubate programme awards startup with…
AlphaCode, the startup incubator from Rand Merchant Investments (RMI), has awarded Oyi Medical Card R450 0 at its first virtual demo day. Oyi is one of seven startups that were awarded entrepreneurial programs valued at…
South Africa: A united and stronger Leadership required…
Shifting goal posts and signs and symptoms of instability are now not helping to rebuild believe between residents and Eskom. Eskom has extended its request to citizens for load shedding to continue from previously projected…
Business: Healthy deal for Sasol under the conditions
Petrochemicals giant Sasol fell almost 5 percent on the JSE on Friday after it announced that it would sell 50 percent of its difficult Lake Charles Chemicals Project (LCCP) in the US for $2 billion…
Business: Poultry exports resumes after 14-year avian flu…
Egypt is set to export fowl in the ultimate quarter of 2020 following the lifting of a suspension of over a decade due to the avian flu outbreak of 2006. According to a record with…
Business: Women powering the revolution in Africa digitally
On this edition of Business Africa, we meet the women bossing Twitter timeliness across the continent. Also on this show, two sides of the Covid-19 coin; a contact tracing app in Ethiopia and the pandemic's…
Business: South Africa largest PPC cement producer delays…
PPC Ltd. delayed the launch of its full-year income for a third time as South Africa’s largest cement maker continues to fix accounting blunders and strives to finalize a refinancing plan. The Johannesburg-based agency will…
Business: FITA terminates the membership of Gold Leaf…
The Fair-Trade Independent Tobacco Association stated on Wednesday it had expelled the Gold Leaf Tobacco Company from its ranks with instant effect. FITA chairman Sinenhlanhla Mnguni tested that Gold Leaf's membership had been terminated, however…
Business: As the pandemic takes its toll, RMI…
JSE-listed funding maintaining agency Rand Merchant Investment (RMI) stated on Friday that its headline profits fell with the aid of nearly 50percent for the yr to end June, generally due to the big provisions raised…
