Africa Edition Headlines

The UCT GSB is the only business school in Africa to feature in the top 50 of the Quacquarelli Symonds ranking of Executive MBA programmes....

Daimler will deepen cost cuts because of an expected second-quarter operating loss and despite some signs of a recovery in demand for luxury cars....

Santam and other insurers are refusing to pay out under business interruption policies that include interruption as a result of an infectious or contagious notifiable disease....

JP Markets has been operating in South Africa since 2016 under the approval from the Financial Services Board....

Airbus workers began a brief strike on Wednesday over plans to cut up to 15,000 jobs in response to the coronavirus crisis....

Shares in Nokia fell up to 8 percent in trade on concerns that the Finnish company was losing the business of its key client Verizon in the United States....

Customers can now make cash deposits directly into their own bank account at any Pick n Pay till point, anywhere in South Africa....

Nigeria's central bank devalued the naira by 5.5% against the dollar as authorities migrate toward a single exchange-rate system....

MultiChoice Group Ltd. started streaming live sport including English Premier League soccer through an upgraded version of its Showmax service....

Change has become mandatory, as have digitisation and transformation. The new normal doesn't exist it is the normal for the world, right now....

South African Airways (SAA) will provide a year's training for up to 1,000 employees, revisions to its restructuring plan show....

Chief executive Ivan Saltzman says the Competition Tribunal failed to take into consideration that it was reacting responsibly to disruptions in the market....

Cities are already home to more than half of the world's population, and it is estimated that, by 2050, this percentage will grow to two-thirds....

Hoteliers say if the government's ban on international flights into South Africa is not lifted soon, prospects for the Western Cape's peak summer holiday season looks bleak....

The plans for the remainder will be outlined in the October Medium-term Budget Policy Statement and the February budget review....

If debt reduction in ten years can usher to South Africa higher unemployment, poverty and inequality, then why should anyone buy into that journey to a cul de sac?...

We take a look at the night-loving business news this morning and top stories from our newsrooms across SA, Africa, and the world....

The provincial government's spokesperson Lennox Mabaso said KZN derived a significant proportion of its gross domestic product (GDP) from tourism....

SAA multi-billion rand business rescue plan looks set to be voted in favour of by the majority of creditors next week....

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

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

South African banks are working with the National Treasury and the South African Reserve Bank to review the R100bn Covid-19 Loan Guarantee Scheme....

Massmart which operates Makro, Cambridge Foods and Builders Warehouse said the planned jobs cut came after an assessment to improve efficiencies at the Game stores....

Following a series of articles remonstrating the SARB response to the crisis, SARB governor Lesetja Kganyago went on road shows....

The rand on Tuesday surrendered gains it had made earlier in the week after weakening more than 1percent as consumer confidence plunged to a 35-year low....

Estate planners often set up trusts without understanding the requirement that trust assets ought to be treated separately....

Naspers's Media24 said on Tuesday that it planned to retrench more than 500 people and close some of its magazines as the Covid-19 pandemic hits its operations....

Naspers's Media24 said on Tuesday that it planned to retrench more than 500 people and close some of its magazines as the Covid-19 pandemic hits its operations....

Chinese Premier Li Keqiang stressed the importance of ensuring people's well-being and advancing reform and innovation to boost development....

Chinese Premier Li Keqiang stressed the importance of ensuring people's well-being and advancing reform and innovation to boost development....

Starting a business is not easy, especially as a young person, with limited access to information and resources....

Deutsche Bank said it has agreed a strategic, multi-year partnership with Google to give the German lender access to cloud services and drive innovation in technology-based financial products for clients....

HSBC France seeks to cut 255 of 678 jobs in its French global banking and markets unit by end-2021 as part of a broader plan to reduce costs....

Omnia Holdings share price jumps more than 10 percent on the JSE after the diversified chemicals group returned to profitability in the year to end March....

Edcon Holdings Ltd. agreed to sell part of South African clothing chain Edgars to a private equity-backed regional rival....

On 20 April for the first time ever, the price of West Texas Intermediate (WTI) crude oil, the benchmark price for US oil, fell into negative territory....

It could prove to be the bond auction that swamped the South African market....

The new alliance, 4Sight Unplugg, will be 51 percent owned by Unplugg while 4Sight will have a 49 percent stake....

In addition, more than R10.6bn has been extended to distressed businesses under a Covid-19 loan guarantee scheme...

Uber Technologies Inc further expanded delivery offerings, launching an app-based grocery service in several Latin American and Canadian cities....

The Competition Tribunal has slapped Dis-Chem Pharmacies with an R1.2m administrative penalty for charging excessive prices for face masks....

Despite coronavirus lockdowns in regions where Omnia operates, the company was able to withstand its impact....

The ICTU's Thabang Mothelo said on Tuesday that no individual should live in a constant state of fear for their lives in democratic South Africa....

FNB has announced that it will be discontinuing the issuing of cheques by 01 January 2021....

The Department of Public Enterprises said it would not be able to entertain further demands from labour unions regarding the retrenchment process at South African Airways....

Massmart has embarked on Section 189 consultations with organised labour on plans to possibly cut 1 800 jobs across its Game stores....

Tongaat Hulett said it was pleased at the decision by SA's Competition Tribunal to approve the acquisition of its Tongaat Hulett Starch business....

Consumer confidence plunged to record lows in 35 years during the second quarter of 2020 due to the halt in economic activity in the three months to June....

We need a reliable electricity supply to get us through the next six months. But what about the next six years?...

We take a look at the night-loving business news this morning and top stories from our newsrooms across SA, Africa, and the world....