Are South African millennials going to land up broke?

Pieter Rossouw | Momentum Financial Wellness for the Afrilennial - the South African millennial - is a challenging prospect. It could be said that Afrilennials, who...

Michael Sachs to join the Gauteng Provincial Government

Statement by Gauteng Provincial Government Gauteng Premier, David Makhura, has requested the Finance Minister, Malusi Gigaba, to facilitate the lateral transfer of Michael Sachs, the...
The Forbes Billionaires List: Africa’s Billionaires 2017

The Forbes Billionaires List: Africa’s Billionaires 2017

African billionaire fortunes have declined on the new FORBES list of the continent's richest.

Sub-Saharan Africa economic growth to recover slightly in 2017: IMF

Economic growth in sub-Saharan Africa should recover slightly to 2.6 percent this year after a more than two-decade low in 2016 as commodity exporters...

South Africa’s Spar Group reports slip in H1 profit

Nqobile Dludla | JOHANNESBURG South African retailer and wholesaler Spar Group on Wednesday reported a small fall in half-year earnings per share after issuing shares...
Budget highlights 2017: How it affects you

Budget highlights 2017: How it affects you

What you need to know about Budget 2017.

South Africa’s Brian Molefe to return as CEO of Eskom, ANC...

Former Eskom chief executive officer Brian Molefe will be returning to his old job on Monday, according to Business Report.

Steinhoff African unit to be part of JSE Top 40, buy...

STAR is expected to list by the end of September.
South Africa's Standard Bank posts 4 pct rise in FY profit

Standard Bank CEO Ben Kruger to step down

By: Standard Bank Following a carefully planned management succession process Standard Bank Group announces changes to its current joint-group chief executive structure. The board is...

South Africa could face another El Nino drought soon

Drought conditions associated with an El Nino weather pattern are likely to reoccur in a few months time, the South African government said on...
Africa had record levels of private equity exits in 2015

Africa has huge potential, it's a pity too few Americans know...

What most Americans know about Africa you can fit into a small shoe box.

South African insurer MMI in lending, sales deal with African Bank

South African life insurer MMI Holdings said it will start offering loans and take deposits as part of a deal with lender African Bank.
Nigeria takes 128 bids for oil-for-fuel swaps

Uganda, Tanzania sign deal for world’s longest heated pipeline

Uganda and Tanzania signed a framework agreement on their proposed $3.55 billion crude export pipeline on Friday, a key milestone for the project, which...

This African country ranks first in the world for women business...

One of the most striking observations about the status and progress of women business ownership is that it is not always correlated to the wealth and level of development of an economy, reveals the inaugural Mastercard Index of Women Entrepreneurs (MIWE). According to the index, Uganda (34.8 percent) and Botswana (34.6 percent) rank first and second in the world for women business owners, with other developing countries such as Russia, Bangladesh, China and Vietnam also in the top 10.

Marcel von Aulock quits Tsogo Sun

Marcel von Aulock has resigned as executive director of Tsogo Sun effective 1 June 2017 and from his employment with the hospitality group with effect...
A man with a dream to dress Africa’s richest man

A man with a dream to dress Africa’s richest man, Aliko...

His bow ties may be small but his dreams are big.
Ex-Barclays CEO Bob Diamond’s Atlas Mara could bid for Barclays Africa – rpt

Fairfax Africa takes 42% stake in Bob Diamond’s Africa bank

Atlas Mara Ltd, the African investment vehicle of former Barclays boss Bob Diamond, said on Friday that Fairfax Africa now holds 42 percent of...

Manufacturing still Nigeria’s fastest-growing sector

Nigeria’s manufacturing sector continues to record the fastest growth, according to the country’s National Bureau of Statistics.
Budget 2017: These South African taxes are likely to go up

UK's RPC Group to acquire S.A's Astrapak for $98mln

The acquisition of Astrapak will give RPC a meaningful presence outside of Europe.

South Africa’s Aspen posts 6 pct rise in H1 profit

South African drugmaker Aspen Pharmacare Holdings Ltd reported a 6 percent rise in first-half profit on Thursday, helped by the results of a recently...