business

Business: Adcock Ingram revenues grow to R7.3bn by 4%

South African pharmaceutical conglomerate Adcock Ingram said on Wednesday its turnover rose four percent to R7.3 billion (US$434.1 million) in…

August 27, 2020

Business: Online sales of Dis-Chem leap 344 %

Dis-Chem Pharmacies said on Tuesday in a buying and selling replace for the 24 weeks from March 1 to August…

August 26, 2020

Business: MTN appoints new CEO

Mobile operator MTN has appointed Ralph Mupita as its new team president and chief executive officer with effect from 1 September 2020.…

August 25, 2020

Business: Dis-Chem withdraws price fine appeal inflated

Dis-Chem on Friday urged its prison group to withdraw its appeal against the Competition Tribunal’s R1.2million quality for inflating the…

August 24, 2020

Business: Embattled Denel reports R1.7bn loss

State-owned fingers organization Denel recorded any other loss of R1.7billion for the 2019/20 monetary year due to a significant decline…

August 23, 2020

Business: Chairman of Tiger Brands to step down in December

Tiger Brands said on Friday, Khotso Mokhele would step down as chairman of the board on December 31. Mokhele will…

August 22, 2020

Business: Mastercard enhances security capabilities online

As digital commerce continues to speed up owing to the COVID-19 pandemic, Mastercard has introduced it will provide tokenization services…

August 21, 2020

Business: Standard bank to avoid cheque issuance

Standard Bank announced on Wednesday it had determined to stop the issuing of cheques as of December 2020 following the…

August 20, 2020

NEWS: African Banks Under Pressure to speed up Digital Transformation

The spread of the Covid-19 pandemic across Africa has considered a surge in digital payments and e-commerce transactions as economic…

August 19, 2020

Business: MTN appoints Ralph Mupita to become CEO

MTN has announced the appointment of Ralph Mupita as the new CEO of MTN group replacing Rob Shutter who will…

August 19, 2020

Business: South Africa recruits RMB for Airline Stake Selling Advisory

South Africa’s Rand Merchant Bank, the funding banking arm of FirstRand Ltd., has been appointed as an adviser to assist…

August 18, 2020

Business: The share price of Hulett jumps 13 per cent as the turnaround plan begins to produce some results

Tongaat Hulett’s share fee leapt more than 13percent on the JSE on Friday morning after the agriculture and agri-processing commercial…

August 17, 2020

COVID-19: The impact on Nigeria’s airlines

Travelling between two factors in Nigeria can be time-consuming, so many human beings opt for air travel. It takes an hour to…

August 15, 2020

Covid-19 confines African Free Trade Area, for now

The start of the African Continental Free Trade Area (AfCFTA) was postponed due to the coronavirus. Experts agree with that…

August 14, 2020

Business: Power cuts to dampen industry, consumer trust as Eskom load shedding implements

South Africa woke up to information of greater load shedding yesterday, with analysts warning a resurgence of power supply interruptions…

August 14, 2020

Business: MTN, accused of dodgy tactics, slammed for delayed Middle East exit

Africa’s largest telecommunications network, MTN, is going through fresh allegations from US regulation association Sparacino PLLC following its choice to…

August 13, 2020

Business: Exxaro warns of hit to H1 earnings, but flags increased exports of coal

Exxaro Resources Ltd said on Tuesday first-half internet income was once likely to fall through as tons as 34% due…

August 12, 2020

Dangote’s $2 Billion Fertilizer Plant Scheduled for 2020 Start

Dangote Group’s fertilizer plant, now below development in Nigeria’s largest metropolis of Lagos, will be ready to begin manufacturing late this…

August 11, 2020

Business: Entrepreneurship can come out of necessity or innovation – Olajide

Entrepreneurship is gaining more traction across the African continent as greater and greater adolescence are searching to start their own…

August 10, 2020

Business: NUMSA promises to battle critical petroleum service

The National Union of Metalworkers of South Africa vowed to battle an utility with the aid of employers in the…

August 9, 2020

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