South African retailers have recorded poor performance in the last year, due to slow economic growth and currency devaluations
Browsing: southern africa business
Total will also acquire US energy giant Anadarko’s assets in Algeria, Ghana, Mozambique and South Africa
Visitors from Qatar, Saudi Arabia, United Arab Emirates and New Zealand will no longer require a visa to visit for holiday and business travels
Britain’s competition regulator says Aspen could also have to pay an additional £2.1 million in fines
The auction aimed at raising $3.25 million, was oversubscribed more than four times
Eskom, which generates around 95 per cent of the country’s electricity, has accumulated $30 billion of debt
The latest figures pressures President Ramaphosa’s administration which campaigned in May to revive the economy
Forced land redistribution has become a central policy for the ruling ANC as part of plans to gain support from poorer black citizens
The bailout comes just five months after an even bigger cash injection was announced over the next three years for the ailing company
PepsiCo has offered 110 rand per Pioneer ordinary share in what would be its second largest deal since 2010