The Zimbabwean government has re-assured foreign investors it is ready to facilitate easy repatriation of proceeds from their investments in Zimbabwe when it matures or as…
Browsing: Southern Africa Business
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South Africa’s state power company Eskom has escalated load shedding from Stage 2 to Stage 4 from 9am on Wednesday This comes as the embattled utility…
Prosus, a subsidiary of South African conglomerate Naspers, is writing off its R10 billion investment in the VK Group, Russia’s largest internet company. This follows the…
South Africa’s state-owned power utility firm, Eskom has said on Tuesday that it will continue power cuts in the country until 5 a.m. (0300 GMT) on…
South Africa’s state-owned power utility Eskom has decided to postpone the replacement of steam generators at unit 2 of its Koeberg nuclear power station, owing to…
South African stocks took a dip at the end of the week as they lost earlier gains buoyed by positive companies’ earnings and closed in the…
South African mining conglomerate Sibanye-Stillwater has been served with a notice to pay compensation to the owners of the Brazillian mines for terminating a deal to…
The construction sector in Namibia is experiencing its seventh straight year of contraction, belying the country’s recovery that saw it grow 0.9% in 2021. Going by…
South Africa’s largest crypto exchange, VALR, has raised $50 million in a Series B round of equity funding. It is the largest funding round in the…
Factory Output has increased in South Africa because manufacturers are producing more. And a recent data shows an spike that has not been seen in Africa’s…