In an effort to fight off some of the effects of climate change and to replace harmful practices such as charcoal burning, Islamic Relief has started a beekeeping initiative in Dabel, Moyale, Kenya. Through this project, locals in the dry northern areas of Kenya will learn how to turn otherwise unusable and harsh areas into […]
African smallholder farmers can enhance soil health, boost yields, and develop climate resilience through conservation agriculture (CA). Farmers can cut expenses while preserving their property by emphasising crop diversity, permanent soil cover, and minimal soil disturbance. Use minimum tillage Reducing soil disturbance is the first conservation agriculture tenet. Farmers can use shallow planting techniques or […]
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 keeping an eye on developments around a national strike called Wednesday by unions representing workers across a range of industries, […]
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 a trading statement on July 30, the company said that it expected earnings and headline earnings per share to be […]
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 later, the streaming giant is starting to tweak its Africa playbook by adapting to local market realities on the continent. […]
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 signing of the supply agreement between the companies comes almost four months after Renergen and Total South Africa signed an […]
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 mining houses jumped 38 percent in 2020 to R594 billion from R431bn a year earlier with PGMs generating 28 percent, […]
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 R2 million each in 2019 as phase of AlphaCode’s Incubate programme. The Oyi Medical Card is a savings card that […]
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 18 months to about 29 months (to March 2022). The biggest subject from Eskom is the unpredictability of their aged […]
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 (R33.29bn) to LyondellBasell. Sasol said the proposed sale to one of the world’s greatest plastics, chemical compounds and refining companies […]
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 the aid of English-language daily newspaper Arab News, a number of Egyptian rooster agencies are making ready to export their […]
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 impact on used vehicle sales in Togo. – 200 Most Influential African Women on Twitter – Most influential African women […]
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 now post its monetary outcomes in the week of Oct. 5, according to a declaration on Wednesday. PPC has been […]
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 did no longer right away provide reasons. The move comes two months after the stop of South Africa’s contentious Covid-19 […]
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 in Discovery and Momentum Metropolitan Holdings for the anticipated consequences of Covid-19. This comes after Discovery made provision of R3.4billion […]
Andre de Ruyter knew properly the adversity he confronted at South Africa’s strength monopoly — a state-owned wreck hollowed out with the aid of corruption that struggles to hold the lights on, pay its bills and play ball with a unionized workforce. “I don’t suppose I was once under any illusion that this wasn’t going […]
South African Airways’ upkeep subsidiary has withdrawn offerings to its mum or dad after the struggling airline failed to pay cash owed to the unit, an SAA spokesman said on Saturday. Administrators took control of SAA in December after almost a decade of monetary losses, and have been trying to maintain it afloat as the […]
South Africa’s Omnia Holdings Ltd. is emerging from the coronavirus pandemic on pinnacle after the agricultural and chemicals enterprise flipped from big financial losses and surging debt to better liquidity and with enlargement plans on the horizon. A mixture of debt restructuring through a two billion rand ($118 million) rights issue, operational cost cutting and […]
The escalating probe into the banking enterprise has fingered one of the country’s biggest banks as being part of a giant community in which nearby financial establishments have been involved in dodgy dealings. The investigation showed that Standard Bank, one of the country’s leading lending institutions, used to be possibly concerned in unscrupulous transactions well […]
This pandemic has caused sizeable disruptions on economies leading to quite a few agencies – massive or small – going below amid Covid-19-induced lockdowns. As startups confront unprecedented times, many are questioning of taking dramatic steps to stay afloat and have been touted as the key to monetary recovery. Plug into AWS In these remarkable […]