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Adcock appoints Brian Joffe to the Board

Adcock appoints Brian Joffe to the Board

Adcock Ingram has appointed Brian Joffe as non-executive Chairman of the Board of Directors of the Company.

S.Africa’s power system remains vulnerable: Eskom

South African power utility, Eskom indicated that its power system remains vulnerable going into winter.

Telkom recovers loan from suspended CFO

Telkom confirmed that the full amount of the irregular loan made by its CFO Jacques Schindehütte, has been recovered.

Largest solar energy plant in Africa dawns in Namibia

Namibia is paving the Africa alternative energy route with a recent deal that will see the country build a solar power PV plant.

Koos Bekker steps down as Naspers chief

Naspers Limited has announced that its CEO Koos Bekker is leaving his job but not the company.

S.Africa's Shabangu calls for tougher action against illegal mining

South Africa’s Mineral Resources Minister Susan Shabangu has called for tougher action to stop illegal mining.
S.Africa’s power crisis stifling NDP goals

S.Africa's Eskom lifts power emergency

Eskom said on Friday the national grid remained on ‘high alert’ after the company lifted an emergency declared the previous day.

LUSE sustains boundless growth 20 years on

The Lusaka Stock Exchange celebrates its 20th anniversary this week, and has for years managed to provide diverse financial instruments.

Namibia keeps rates steady, focuses on sectoral growth

Namibia has kept its repo rate unchanged and implemented a number of support structures to improve its major economic sectors.

Calgro M3 expands its African footprint

The South African property development company announced it will be embarking on the 812 million rand Otjomuise project in Windhoek.

Bidvest & PIC bully Adcock's board

The Public Investment Corporation and the Bidvest Group have jointly demanded that the Adcock Ingram board appoint new company directors.

Mugabe in Singapore for eye operation ahead of 90th birthday

President Robert Mugabe is in Singapore for an eye operation ahead of his 90th birthday on Friday.

B-BBEE still has a long way to go

Despite the existence of Broad-Based Black Economic Empowerment legislation, changes on the ground are few and far between.
MTN Group HEPS up 27.3 per cent in 2013 FY

MTN to take ICASA to court over rate cuts

MTN plans to take ICASA to court in a bid to prevent the communication regulator’s plans to slash mobile termination rates.

MTN & Vodacom remain a duopoly

Mobile operators MTN and Vodacom’s rates are still some of the highest in Africa despite recent price deductions.

Mauritius Commercial Bank H1 pretax profit up 12%

Mauritius Commercial Bank's (MCB) first-half pretax profit rose 12.4 per cent to 2.99 billion rupees.

Scrap chocolates and roses for a unique V-Day experience

People are increasingly moving away from the obvious Valentine’s Day gifts of chocolates and roses to buy experiences online instead.

Namibia on track with 2014-2018 development strategy

The Development Bank of Namibia plans to implement a number of changes to improve Namibia’s key business sectors.

S.Africa’s florists make blossoming profits on Valentine’s Day

Florists thoroughly prepare for occasions such as Valentine’s Day to thoroughly rake in the flowering profits.

S.Africa's AMCU union postpones meeting with mediator

Talks between the Association of Mineworkers and Construction Union (AMCU) and a state mediator will be postponed to next week.
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