South Africa
South Africa’s Imperial disposes German chemicals unit, focuses on core businesses
South Africa’s Imperial Holdings said on Wednesday it would sell its German chemicals unit, Schirm GmbH and related assets, to…
South Africa’s Foschini Group snaps up UK’s fashion brand Hobbs
Hobbs, the British high street fashion retailer known for being a favourite of the Duchess of Cambridge, has found a…
Chinese mines in Africa provide better roads, not more jobs for locals
One of the most common complaints about large often state-owned Chinese companies operating in Africa is that they bring in…
Major tech companies conquering Africa with sports
Africa is a sport loving continent, and governments in the region have utilised it to gain popularity and support from…
South Africa signals rising debt as ratings downgrades loom
South Africa forecast higher debt and wider fiscal deficits over the next three years, heightening the risk of further credit…
South Africa’s rand slumps 1.3% against US dollar as Zuma reshuffles cabinet
South Africa’s rand led emerging-market currency declines against the dollar amid speculation that President Jacob Zuma is preparing to fire…
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