Latest News South Africa
Mines
09/04/2020 at 18h22, by Pierre-Olivier Rouaud
Former airline CEO Siza Mzimela appointed to head Transnet Freight Rail
A former CEO of the air carriers SA Express and South African Airways, Siza Mzimela is taking over the...
Insurance
02/04/2020 at 16h39, by Gaëlle Arenson
Paul Hanratty to take command of Sanlam as from 1 July 2020
However, Ian Kirk, Sanlam’s current Group CEO, will stick around until 31 December 2020 to guide Paul...
Oil & Gas
02/04/2020 at 16h38, by Tarik Bargal
BofA and Citigroup among syndicate of underwriters for new Sasol shares on the JSE ($2bn)
The South African group, which is in an unfavourable position due to a huge but underperforming project...
Agri-food industry
25/03/2020 at 16h45, by Africa Business+
Taste Holdings completes its exit from the catering industry with the termination of its Domino’s franchise in South Africa
After four loss-making financial years, the decision to withdraw from an unprofitable sector to focus...
Mines
19/03/2020 at 11h16, by Aurelie Benoit
South Africa: Covid-19 overpowers Kropz, the phosphate subsidiary of Patrice Motsepe’s ARC
A hearing scheduled for 16 March to decide on the legality of a key water licence for future operations...
Health
17/03/2020 at 17h38, by Aurelie Benoit
Brian van Rooyen (Labat Africa) takes a step back in his cannabis offensive
The South African fund manager was the first publicly listed African company to enter the sector.
Logistics
16/03/2020 at 14h32, by Valentin Grille
Newtown Partners backs Imperial Logistics with a $20 million fund
The South African logistics giant is looking to invest in start-ups that are likely to revolutionise...
Bank
12/03/2020 at 17h11, by Africa Business+
South African Reserve Bank seeking adviser for the sale of its 50% stake in African Bank
The task is likely to be thwarted by difficult market conditions as the credit institution struggles...
Large-scale distribution
09/03/2020 at 16h12, by Africa Business+
After JP Morgan, Coronation increases its stake in the Spar supermarket chain to 15.8%
The pickup on the Johannesburg Stock Exchange comes in the wake of a significant drop in the share price,...
Insurance
27/02/2020 at 16h11, by Gaëlle Arenson
Lesley Ndlovu, previously in charge of Africa Specialty Risks at Axa, switches gears to become ARC’s new CEO
The Zimbabwean national, who studied in the United Kingdom and France, seized this opportunity to change...
Mines
14/02/2020 at 16h50, by Pierre-Olivier Rouaud
Patrice Motsepe (Harmony Gold) in good company to acquire AngloGold’s remaining South African assets
The group headed by the South African businessman is immediately investing $200 million in cash and...
Energy
11/02/2020 at 17h18, by Africa Business+
Renergen reinforces in the south african LNG sector via a new collaboration with BHIT
The only exploration firm authorised to sell LNG in the country will also ramp up its helium operations,...
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