South Africa's very first multiple-party government from the post-apartheid period deals with critical threats as ANC and DA leaders fight about the national spending plan while South African money struggles in unstable political times. The…
Business: South Africa Drops Further Into Junk Territory.
Business in South Africa has fallen junk territory after investment company joined fitch rating in reducing South Africa rating, this announcement was made in the late hours of Friday. Moody's cut the country's unfamiliar and…
Business: Is regenerative energy the secret to unlocking…
The use of regenerative Energy in the world is on a upward trajectory, Africa as a continent hasn't really come to terms with this innovation, Which isn't suppose to be so because of the lack…
Business: Absa Excludes Dividends In South Africa
A South African company bin the name of Absa Group has declared that the company wouldn't bee paying fund in an attempt to save cash due to the impact of the Covid-19. Profit before one-time…
Business: When markets brace for the Sarb conference,…
The South African Rand has soften as a result of the market all over the world, the rate of Rand is still expected to go up as a result of the recent growth in the…
Business: Bravura Holdings Plans For The Development Of…
Bravura holdings is set so invest a large amount of money in the digging of Platinum mines in Zimbabwe, this initiative is to develop Platinum in the country. Platinum is the most common natural resources…
Business: Oil Producing Countries Faces Decrease In Oil…
The supply of oil across the World particularly Africa has decreased ridiculously, there has been a whopping 19% fall in Oil demand and supply. This has affected oil producing countries whose main natural resources is…
Business: Coronavirus Badly Knocked Revenues From Novus
The coronavirus has affected most companies income due to the lockdown enforced by the government, as a result of this Novus Holdings revenue is on the downward trajectory, the company's income has seriously nosedived, their…
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,…