Mugabe visits Beijing, central bank makes big moves back home

President Robert Mugabe was afforded a warm welcome in the People’s Republic of China this week.

S.Africa's Taste Holdings to raise rights offer

Taste Holdings Limited has announced plans to raise a 180 million rand rights offer.

Human trafficking still prevalent in S.Africa

Human trafficking will continue to be prevalent globally as long as lax policies on migration and immigration exist.

Naspers’ rating saved by R577 billion investment

Ratings agency Moody’s has affirmed Naspers’ Baa3 rating due to its 577 billion rand investments in Tencent Holdings and Group.

Zimbabwe’s FBC Bank granted 60 mln dollar loan facility

Standard Chartered Bank has announced that a 60 million US dollar loan facility for FBC Bank Limited has been concluded.
Kenya’s Diamond Trust Bank jumps 17% in pretax

S.Africa dodges recession as Q2 GDP grows 0.6%

South Africa's economy avoided slipping into a recession in the second quarter.
Datatec on stable path despite FIFA World Cup impact

Pinnacle’s Tshivhase cleared of bribery charges

Pinnacle Holdings executive director Takalani Tshivhase has been cleared of attempted bribery charges.

Healthcare is not a commodity, says BHF

South Africa’s healthcare sector cannot be floated as a market commodity, the Board of Healthcare Funders has said.

Commission approves court’s dismissal of Netcare

The Competition Commission has welcomed the decision of the South Gauteng High Court to dismiss Netcare’s application with costs.

Competition Tribunal approves Adcock-BB Investment Company merger

South Africa’s Competition Tribunal has approved of the merger between Adcock Ingram and BB Investment Company on certain conditions.

How aggressive lending came back to bite S.African bank ABIL

Unemployed South African construction worker Daniel isn’t sure how he fell so deeply in debt.

Storm in teacup finally over for S.Africa’s Rooibos

Rooibos tea’s recent geographic indicator status means that the tea will be able to build on its strong global reputation.

Angola’s credit rating supported by robust economic growth

Ratings agency Moody’s said that Angola’s Ba2 government rating is supported by the economy’s robust growth prospects.

S.Africa's Eskom appoints top public servant as new CEO

Tshediso Matona was named on Wednesday as the new chief executive of South African state-run power utility Eskom.

New avenue for S.Africans to obtain good credit ratings

South Africans who pay their rent on time will soon be able to see this information made accessible to participating credit providers.

S.Africa funds can split African Bank assets – regulator

The Financial Services Board (FSB) had given some investment funds the go-ahead to divide up assets they hold in troubled African Bank.

Hijacking the economy

Not only does hijacking rob individuals of their freedom, but it also has a detrimental effect on a country’s economy.

Gold Fields sells stake in Peru’s Chucapaca project

South African mining company Gold Fields Limited will sell its 51 per cent stake in the Chucapaca project.

S.African man cleared of Ebola virus

The South African Department of Health has confirmed that a man suspected of having Ebola has been cleared.

Capitec's shares drop 5% after rating downgrade

Shares of South Africa's Capitec Bank sank more than 5 per cent on Monday.