MTN Group Terminates Talks to Buy South Africa’s Telkom
The combination of MTN and Telkom would have overtaken rival Vodacom Group Ltd. in having the most subscribers in South ...
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Tag: South Africa
South Africa’s Inflation Rate Rise for Third Consecutive Month to 7.8%.
The headline consumer-price index increased 7.8% year on year, compared to 7.4% in June, according to a statement posted on ...
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South Africa Turns to Private Sector in Bid to End 14 Years of Blackouts
The energy plan is potentially effective and if it is implemented then South Africa will be a step closer to ...
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JSE Partners with FT Russel to Launch Multi-Asset Index for South African Market
The Johannesburg Stock Exchange (JSE) and FTSE Russell have once more partnered to launch a new multi-asset index solution for ...
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South Africa to Embrace Crypto currency Trade and Investment Laws
South Africa is set to officially embrace cryptocurrency trade and investment laws, with its financial and capital markets regulators predicting ...
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South Africa Airways sells 51% Stake to Private Equity Firm
South Africa has agreed to sell a majority stake in the country’s grounded national carrier South Africa airways, to a ...
Read moreSouth Africa Economy Shrunk by 7% in 2020
South Africa’s (SA) economy contracted the most since 1946 as restrictions to curb the spread of the coronavirus pandemic ravaged ...
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Biden To Impose Covid-19 Travel Restrictions On South Africa
On Monday, President Joe Biden expected to sign an executive order to impose a ban on most non-U.S. citizens entering ...
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Kenya’s Mhogo Foods and Two Nigerian Start-Ups Bag AfDB AgriPitch Competition
In addition to receiving seed funding prizes and post-competition mentoring, AgriPitch winners will be invited to the AYAF online DealRoom, ...
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Africa Set To Tip Into its First Recession For 25 Years Due to the Covid-19 outbreak – World Bank
World Bank is deploying up to $160 billion in financial support for developing countries over the next 15 months to ...
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South Africa’s Reserve Bank Injects Liquidity, Markets Soar.
The measures are aimed at supporting interbank lending and freeing up cash in the money markets in response to “liquidity ...
Read moreSouth Africa’s Benchmark Index Drops Most in Six Years.
South Africa’s benchmark stock index plummeted to the lowest in more than six years after President Cyril Ramaphosa’s declaration of ...
Read moreSouth African Markets Crash as Johannesburg Stocks Fall Most Since 1997
South Africa’s benchmark stock index plunged the most since the market crash of October 1997 as markets globally continued to ...
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