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Oil advanced as geopolitical tensions ratcheted higher in the Middle East, with prices poised for a second straight weekly gain. Global benchmark Brent rose above $93 a barrel. The...
In a significant development in South Africa’s business landscape, a consortium led by former Deputy Finance Minister Mcebisi Jonas has acquired a minority stake in Apex...
African Bank Holdings Ltd. agreed to buy two units from a South African financial services company to bolster its lending business before a proposed initial share sale...
South African private equity firm Harith General Partners agreed to buy a 46% stake in larger rival Mergence Investment Managers. The acquisition will help the two companies deploy their...
A container vessel docked at the Port of Cape Town in Cape Town, South Africa.Photographer: Dwayne Senior/Bloomberg The South African presidency has a plan to reverse the...
South African Energy Minister Gwede Mantashe said non-governmental organizations funded by US philanthropic groups are stifling economic development. Environmental groups have blocked exploration activity by Shell Plc and other companies searching for...
Mpho Makwana will step down as chairman of South Africa’s beleaguered power utility at Eskom Holdings SOC Ltd.’s annual general meeting at the end of the month. He...
JOHANNESBURG – In a bold move highlighting concerns over the country’s socio-economic landscape, Business Unity South Africa (Busa) has called for the Unemployment Insurance Fund (UIF)...
Rand Water’s CEO has set the record straight regarding South Africa’s water crisis, definitively dispelling the misconception that Rand Water faces a water supply issue. Instead,...
FirstRand Ltd. named Mary Vilakazi as the first black female chief executive officer of Africa’s biggest lender by market value. Vilakazi, the South Africa-based lender’s chief operating officer, will...
