Companies

Barclays to sell 22% Africa division stake worth $2 billion

Barclays Plc said it will sell a further 22 percent stake in its South African unit, a holding worth about…

Murdoch brothers hold talks with Ofcom over £11.7bn Sky takeover

The Murdoch brothers have held secret talks with Ofcom in a bid to persuade the regulator to wave through 21st…

Spar CEO sees South African politics hurting consumer confidence

Spar Group Ltd. said the firing of South African Finance Minister Pravin Gordhan and subsequent credit rating downgrades had caused…

South Africa removes Eskom CEO Molefe few days after rehire

South Africa will remove Brian Molefe as chief executive officer of Eskom Holdings SOC Ltd. less than three weeks after his…

BA boss given vote of confidence by Willie Walsh as full details of IT meltdown revealed

Willie Walsh has given his public backing to British Airways chief Alex Cruz as key details into the investigation of…

British Airways left to count cost of IT choas, as Ryanair saw strong bookings over the weekend

Shares in the parent company of British Airways fell on Tuesday after a huge IT failure left 75,000 passengers stranded…