Africa Edition Headlines

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• Source limited to: Business Report (IOL)

 2020-02-21 18:50 

Business Report (IOL)

Minerals Council opposes Eskom's application for additional R27bn in revenue...

The Minerals Council of South Africa will give verbal evidence to Nersa in support a submission opposing Eskom's RCA application for an additional R27.3 billion in revenue....

 2020-02-21 18:30 

Business Report (IOL)

Nissan, Honda delay restart of some China plants due to coronavirus...

Japanese automakers delayed on Friday the restart of plants in China near the epicenter of a coronavirus outbreak, complying with authorities' directives....

 2020-02-21 17:30 

Business Report (IOL)

T-Mobile, Sprint amend merger terms, SoftBank takes a hit...

T-Mobile US and Sprint Corp said on Thursday that they had agreed on new merger terms that would reduce the stake of major Sprint shareholder SoftBank....

 2020-02-21 16:30 

Business Report (IOL)

Samsung Electronics names non-executive director as board chairman in company first...

Samsung Electronics Co Ltd said it has named a non-executive director as board chairman for the first time, to increase transparency and independence....

 2020-02-21 15:30 

Business Report (IOL)

Huawei gives R2.7m boost to UCT students for ICT skills development...

Students at the University of Cape Town have been awarded R2.7 million in bursaries to help create youth employment and bring more ICT skills to South Africa....

 2020-02-21 15:00 

Business Report (IOL)

Budget 2020: Expect no solutions, just an exercise in balancing Treasury's books...

South Africa is in critical need of a concrete plan from Treasury for the 2020/21 financial year if it is to overcome its existing economic challenges....

 2020-02-21 14:30 

Business Report (IOL)

Proudly SA may file civil suits against 3 employees...

Proudly SA yesterday hit back against recent allegations of corruption within the organisation....

 2020-02-21 14:05 

Business Report (IOL)

China grants first rare earth, tungsten mining quotas for 2020...

The first batch of quota for rare earths is set at 66,000 tonnes, about half the annual quota for 2019....

 2020-02-21 14:00 

Business Report (IOL)

Finnish Development, Trade Minister Skinnari to visit Tanzania and Mozambique...

In Tanzania, Ville Skinnari will meet the ministers of finance and planning, industry, trade and investment, natural resources and tourism....

 2020-02-21 13:30 

Business Report (IOL)

Preparing for the future a walk in the park for Ranger maker Ford...

The R4.3 billion Tshwane automotive industrial supplier park will see its first building complexes in the second half of 2020....

 2020-02-21 12:30 

Business Report (IOL)

City Lodge occupancy down on muted SA economy...

City Lodge saw its hotel occupancies fall 4 percent in the six months to December 31, 2019, as consumers tightened their belts....

 2020-02-21 11:30 

Business Report (IOL)

New power company idea is viable...

Energy Minister Mantashe adamant it'll work but DA calls it a state of madness....

 2020-02-21 10:30 

Business Report (IOL)

PGMs help Anglo recover sparkle lost in a weak diamond market...

Strong iron ore and platinum group metals (PGM) prices boosted Anglo American's earnings during the year ended December 2019...

 2020-02-21 10:09 

Business Report (IOL)

Hammerson in 400m sale of retail parks to Orion...

In total, Hammerson has sold 14 retail parks since July 2018, sales proceeds of 764m to reduce debt and strengthen the balance sheet....

 2020-02-21 10:00 

Business Report (IOL)

Leaders from over 160 countries express support for China's efforts to defeat COVID-19...

Leaders from more than 160 countries and 30 international organisations have expressed their sympathy and support to China in the fighting against the COVID-19 outbreak...

 2020-02-21 09:45 

Business Report (IOL)

Syria voices solidarity with China in fighting new coronavirus...

Syrian officials on Wednesday expressed solidarity with China in its fight against the new coronavirus, saying China is fighting the epidemic on behalf of the world....

 2020-02-21 09:30 

Business Report (IOL)

Shares in Truworths International leap by nearly 8%...

Shares in Truworths International, with its primary markets in the UK and South Africa, leapt nearly 8 percent...

 2020-02-21 09:10 

Business Report (IOL)

International Monetary Fund, Moroccan officials discuss preparation of 2021...

Benchaaboun said that the IMF has regularly issued notes showing that Morocco is moving in the right direction, particularly with regard to debt sustainability....

 2020-02-21 09:10 

Business Report (IOL)

IMF, World Bank, and Moroccan officials discuss 2021 fiscal agenda...

Benchaaboun said that the IMF has regularly issued notes showing that Morocco is moving in the right direction, particularly with regard to debt sustainability....

 2020-02-21 08:29 

Business Report (IOL)

Nampak Zimbabwe scrambles with financiers...

Nampak's Zimbabwe unit is scrambling for a way out of a potential fall-out with its financiers and international suppliers....

 2020-02-21 07:30 

Business Report (IOL)

PSA board had no powers to suspend us, employees say...

Maepa said the power to suspend or take any disciplinary proceedings were vested in the PSA general manager Ivan Fredricks, who was also suspended....

 2020-02-21 06:58 

Business Report (IOL)

WATCH: Rand succumbs to broad greenback strength...

Get the latest market update and top stories from our newsrooms across South Africa, Africa and the world....

 2020-02-21 06:53 

Business Report (IOL)

Uber work could do with disruption and innovation...

The case between e-hailing companies and operators is an important one for other industries. More sectors of the economy will be disrupted by technology....

 2020-02-21 06:35 

Business Report (IOL)

Woolies announces a cut in dividend for half-year...

Woolies had grappled with a constrained economy in South Africa, with load shedding and heavy rains in parts of the country adding insult to injury....

 2020-02-21 06:17 

Business Report (IOL)

Amplats welcomes new woman leader, Natascha Viljoen...

Viljoen, who heads Anglo American's processing division, was appointed to head the group following Chris Griffith's unexpected resignation this week....

 2020-02-21 06:06 

Business Report (IOL)

AYO's asset base now exceeds R5 billion...

The company has paid more than R200m in dividends over the past couple of years, continuing to deliver value to its shareholders, including the PIC....

 2020-02-20 20:30 

Business Report (IOL)

BidCorp under shadow of China's coronavirus...

The coronavirus outbreak in China likely to hurt the food services firm's results in the second half of the year, but to what extent is still unclear....

 2020-02-20 19:30 

Business Report (IOL)

Vodacom Business launches Fast Forward Season 2...

The pressure is rising for SA Business role players to step forward and make real, impactful changes to drive economic inclusion and growth....

 2020-02-20 18:30 

Business Report (IOL)

Virus Outbreak Chills China's Red-Hot Home Rental Startups...

Zhang Yan learned first-hand how the coronavirus is ravaging China's once booming real estate economy....

 2020-02-20 18:00 

Business Report (IOL)

South Sudan releases petroleum report to 'increase transparency'...

South Sudan's ministry of petroleum on Thursday released a report providing detailed financial information and statistics of the country's oil sector....

 2020-02-20 17:30 

Business Report (IOL)

War with Netflix and Disney looms for India's top local streamer...

As global streaming giants Netflix Inc. and Walt Disney Co. spend millions of dollars to grab viewers in India....

 2020-02-20 17:00 

Business Report (IOL)

Barclays backtracks on big-brother style staff surveillance system after criticism...

Sapience gives companies "insights into work patterns" and tracks employee productivity by monitoring their computer usage, according to its website....

 2020-02-20 16:30 

Business Report (IOL)

Gold tops $1,600 as virus fuels growth fears...

Fears that the coronavirus could be a disaster for the global economy are driving another rally in precious metals....

 2020-02-20 16:00 

Business Report (IOL)

VAT hike, extra levy on income maybe, but SA unlikely to avoid Moody's downgrade...

#Budget2020: Now or never 2020/21 Budget needs to pull the country out of a spiralling debt trap ... writes Johann Els....

 2020-02-20 15:49 

Business Report (IOL)

Eskom war room finally meets...

An announcement was made in December that the war room would be revived as South Africa slid deeper into an energy crisis....

 2020-02-20 15:30 

Business Report (IOL)

Goldman Says Ramaphosa Could Unleash a Wave of Investment in South Africa...

South Africa must make progress on structural reforms before banks like Goldman Sachs Group Inc. can help draw foreign capital to the country....

 2020-02-20 15:00 

Business Report (IOL)

Standard Chartered commits $75bn towards Sustainable Development Goals...

Standard Chartered Bank said it had committed $75bn to support clients as they transitioned to a low carbon economy....

 2020-02-20 14:30 

Business Report (IOL)

Dis-Chem's success formula delivers 10% increase in revenue...

Dis-Chem reported a 10percent increase in revenue to R10.3billion for the 22-week period from September 1, 2019, to February 2 this year....

 2020-02-20 14:00 

Business Report (IOL)

Namibia first African country to export red meat to hungry U.S. market...

Namibia became the first African country to export red meat to the United States....

 2020-02-20 13:47 

Business Report (IOL)

Proudly SA hits back at corruption allegations...

Proudly SA on Thursday hit back against recent allegations of corruption....

 2020-02-20 13:30 

Business Report (IOL)

WBHO shares slide despite positive trading news...

Shares IN Wilson Bayly Holmes-Ovcon (WBHO) slid almost 5 percent in intraday on the JSE yesterday....

 2020-02-20 13:10 

Business Report (IOL)

China meets ASEAN secretary-general, Philippine, Singapore foreign ministers on coronavirus...

Public health is a common cause crossing national borders, and China is willing to enhance cooperation with ASEAN in this area, so as to inject new content to China-ASEAN relations, Wang said....

 2020-02-20 13:00 

Business Report (IOL)

Emira Property grows despite headwinds...

'By doing the right things consistently over the past four years, we have shifted and repositioned our portfolio with a long-term view,' says CEO....

 2020-02-20 12:44 

Business Report (IOL)

Huawei clarifies how to use Google on future smartphones...

The number two cellphone manufacturer in the world faces hurdles with it no longer able to make use of Google Mobile Services on upcoming devices....

 2020-02-20 12:44 

Business Report (IOL)

Woolworths profit slumps on weak womenswear, Black Friday sales...

Woolworths reported a 17.7% drop in half-year earnings on Thursday, dragged down by disappointing womenswear and Black Friday sales....

 2020-02-20 12:30 

Business Report (IOL)

Sibanye to reinstate its cash dividends...

Sibanye-Stillwater yesterday committed to resuming cash dividends in 2020 after the metal prices helped it swing to a R432 million profit....

 2020-02-20 12:00 

Business Report (IOL)

Hemp, cannabis production should not undermine food security, says Agri SA...

SA must guard against the commercial production of hemp and cannabis interfering with food security, Agri SA warned on Thursday....

 2020-02-20 12:00 

Business Report (IOL)

UAE unveils new investment and development initiative...

UAE unveils new investment and development initiative to help build a connected and 'turbocharged9; new Africa driven by youth...

 2020-02-20 11:11 

Business Report (IOL)

Amplats CEO will be the most powerful woman in precious-metals mining...

When Natascha Viljoen takes over as CEO of Anglo American Platinum, she will be the only woman running a major precious-metals mining company....

 2020-02-20 11:00 

Business Report (IOL)

GPI announces sale of BurgerKing and GrandFoods for R700m...

Grand Parade Investments (GPI) surged more than 9percent on the JSE....

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