Capitec, Nedbank vie to purchase Portugal’s Mercantile


JOHANNESBURG – THE Portuguese government has shortlisted Capitec, Nedbank, Public Investment Corporation (PIC) and a consortium of banks are in the shortlist to acquire Mercantile Bank Holdings Limited in South Africa. The consortium comprises Arise B.V. and Grindrod Bank Limited. This approval allows the sale process of Mercantile by Caixa More...

by | Published 7 hours ago
Zimbabwe Dollar
By On Friday, June 15th, 2018

Zimbabwe graft crusade a bark with no bite

JOHANNESBURG – THE failure to prosecute culprits has made Zimbabweans in Diaspora skeptical of their government’s pledge to fight corruption and ultimately revive the economy. The doubts follow the lack of More...

Zim coin country
By On Thursday, June 14th, 2018

SA-based patriots have lofty economic ambitions for Zimbabwe

JOHANNESBURG – IN December last year, a month after taking over the reins from longtime leader Robert Mugabe, Zimbabwean President Emmerson Mnangagwa visited South Africa to woo investors. After meeting More...

By On Monday, June 11th, 2018

MTN addresses Nigeria child mortality woes

MTN Nigeria from OKORO CHINEDU in Lagos, Nigeria LAGOS – MTN, the continent’s biggest mobile operator, is raising awareness about the Rhesus Gene Deficiency and child mortality in Nigeria, as part of More...

By On Sunday, June 3rd, 2018

Econet profits up 266% after austerity measures

Dollars from DANAI MWARUMBA in Harare, Zimbabwe HARARE – ECONET Wireless (EWZL) Zimbabwe has registered an almost 266 percent increase in profits after tax to US$132, 9 million for the year ending February More...

Cape Town transport network
By On Tuesday, May 29th, 2018

Multimillion-rand boost for Western Cape fishing, tourism

CAPE TOWN – FISHING communities and tourism operators in the Western Cape have received a major boost with the R400 million (US$32 million) upgrade on harbours in the province. The Department of Public Works More...

SOUTH African financial service providers
By On Friday, May 25th, 2018

Expanding IDC urges SA firms to invest beyond borders

EMALAHLENI  – THE Industrial Development Corporation (IDC), South Africa’s development finance institution, is intensifying plans to increase its footprint in the continent. It has encouraged local companies More...

By On Thursday, May 24th, 2018

MTN, Cisco launch automated IoT connectivity platform

JOHANNESBURG – MTN and Cisco have launched internet of things (IOT) services throughout South Africa. The availability of the Cisco Jasper Control Centre enables an automated IoT connectivity platform for all More...

A worker inspect facilities on an upstream oil drilling platform at the Total oil platform at Amenem,  Port Harcourt , Niger Delta, Nigeria. AFP
By On Tuesday, May 22nd, 2018

EXCLUSIVE: US defends “sovereignty” of African states in use of coal and gas

A worker inspect facilities on an upstream oil drilling platform at the Total oil platform at Amenem, Port Harcourt , Niger Delta, Nigeria. AFP from SCOTT COURIER in Washington, United States WASHINGTON – More...

Zimbabwe Dollar
By On Monday, May 21st, 2018

Zimbabwe promised billions if polls are credible

MUTARE, (CAJ News) – ZIMBABWE has received assurances of $15 billion (about R180 billion) if the country embarks on credible, free and fair elections in the upcoming months. President Emmerson Mnangagwa disclosed More...