British International Investment Plc, the UK government’s development-finance arm, plans to invest $6 billion over the next five years in Africa in areas ranging from renewable power and digital infrastructure to supporting women-owned businesses.Energy, Headline, Liquid Telecom, Old Mutual, Rothschild & Co, Scatec ASARead More
South Africa’s government sought a series of commitments by labor unions and business, ranging from lower entry-level wages to an agreement to boost investment, as part of a plan to revive the nation’s struggling economy.Government, HeadlineRead More
Meta Platforms Inc, the social media giant that includes Facebook and Instagram, reported its first-ever quarterly sales decline, citing advertisers’ shrinking budgets.Internet, Alphabet, Facebook, Google, Headline, Meta Platforms, TwitterRead More
South Africa needs R1.2 trillion to meet its future energy needs, Eskom says; the controversial R22 million flag is not off the table yet; ANC calls for lifestyle audits as a key policy; analysts say the ANC’s coming policy conference is more a proxy war for leadership than anything else.Government, HeadlineRead More
The energy crisis in South Africa can be resolved in 18 to 24 months, says Eskom chairperson Malegapuru Makgoba, but it needs full commitment – and a concrete plan.Energy, Enca, HeadlineRead More
South Africa’s biggest retailers have all expressed ambitions to take each other on in some way in their traditional market segment – the most notable being Shoprite’s move into affluent areas and customers.Business, Checkers, Headline, Pick n Pay, ShopriteRead More
After the latest interest rate hikes economists want to know exactly how much more the average South African consumer will pay at the end of the month.Finance, Efficient Group, HeadlineRead More
The rising cost of living globally is making consumers rethink resigning from their job.Business Opinion, 21st Century, Bloomberg, HeadlineRead More
Most of us understand the importance of looking after our families and dependents with an appropriate funeral insurance policy.Industry News, Standard BankRead More
The recent highest single rise in the repo rate in nearly 20 years is likely to drive investor movement towards Cape Town which is currently seeing the strongest rental growth of the major industrial conurbations and is widely regarded as a well-run city and largely free of national tenders.Property, Headline, Lew Geffen Sotheby’sRead More
