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: GE Energy Hopes For Digital Solution
GE Energy will be seeking and hoping for digital solution for the growth and development of power plant and the energy sector in Africa. CEO of GE Energy, Nyimpini Mabunda said on a statement on…
Business: The Rising Success Of Coffee Business In…
The growth of coffee business has definitely affected the business positively, the success rate is breathtaking and quite surprising due to coffee mostly imported in the country. Here is a proven coffee business owner in…
Business: Transnet clean Oil Spill Amidst Theft
South African company Transnet pipeline has begun the cleaning of the oil spill in Duban amidst an attempted theft. This as been an occurrence in time past The organization gauges as much as 60,000 liters…
Business: The Impact Of COVID-19 Not Felt By…
The impact of the coronavirus not felt by Nigerian stock exchange says NSE president Abimbola Ogunbajo. He said that even when the pandemic had massive impact on various sector of the Economy and Businesses, the…
Business: More Construction Companies In SA Set To…
More construction companies in South Africa are set go out of business due to the proposed announcement by President Cyril Ramaphosa. The proposed plan is to have massive surge on infrastructural development would not be…
Business: Ramaphosa Guarantees Over 800,000 In South Africa
The government of South Africa has promised over 800,000 jobs in the nearest future due to the impact of the coronavirus in the Economy of the country. President Cyril Ramaphosa this week put his fate…
Business: Surviving As A Teacher In This Pandemic
As the coronavirus pandemic continue to disrupt Jobs and businesses because of the lockdown teachers from mostly private institution as been it the most as a result of the lockdown Most private schools teachers are…
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…
