German software multinational SAP allegedly intended to secure a Transnet contract worth U.S.$7.3 million in a deal with a small Gupta-owned company, the Daily Maverick reports. Read more »
Minister of Tourism Tokozile Xasa has revealed that R9.6 million (U.S.$751,000) was paid to controversial UK public relations firm Bell Pottinger to promote South Africa's image ... Read more »
Managment of the AngloGold Ashanti mining company has announced that approximately 8,500 jobs will be cut as the company attempts to streamline its operations in South Africa where ... Read more »
Moses Kgosana was a KPMG Africa Chief Executive who was about to take up the chairmanship of Alexander Forbes a leading financial services firm in South Africa in August 2017 but ... Read more »
A month after closing down two outlets in Nairobi, troubled regional retail chain Nakumatt has closed stores in Acacia mall in Kololo, Village mall in Bugolobi, and Victoria mall ... Read more »
The government has decided to transfer funds from the National Revenue Fund to South African Airways to allow the airline to pay back its debt to Standard Chartered Bank, thereby ... Read more »
The move by Abraaj Group has been described as calculated to expanded Java's well-known culture and products across East Africa and beyond. Read more »
Trillian Capital, a company that was chaired by Tokyo Sexwale, a former ANC human settlements minister who had presidential aspirations, called for an investigation into the firm ... Read more »
The firm's chief executive officer, Mrisho Yassin, has said the aviation services company will make the investment despite a drop in cargo revenue in 2016 due to unfavourable ... Read more »
The mining firm has promised to boost gysum production in the country. Tanzania has recently been ranked by the African Economic Outlook report as one of the best investment ... Read more »
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