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South Africa's Vodacom Group said on Friday its proposed acquisition of a 30% stake in fibre network operator Maziv could value the target company at up to 36 billion rand ($2 billion) after agreeing revised terms.
Committing to swim one metre for every rand raised, Neser received 42,000 rand and swam 42km in an outdoor pool at his club in Barcelona. Read more at straitstimes.com. Read more at straitstimes.com.
Petrol price recoveries are holding firm, but diesel drivers could be facing even more trouble in the months ahead as global supplies come under pressure.
South Africa's Valterra Platinum expects to report a sharp fall in first half profit by as much as 88% due to lower output and sales as well as one-off costs related to its demerger from Anglo American Plc group,
The South African rand firmed on Tuesday after the release of better-than-expected local mining production figures and as U.S. data showed rising inflation in June in the world’s largest economy. At 1311 GMT,
The JSE All Share has outperformed the S&P 500 in dollar terms over the last five years, with the local bourse benefiting from the relative strength of the rand and a strong investment case for local stocks.
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South Africa Today on MSNSouth Africa: Mystery of R3-Million in Lottery Funds Paid to Athletics South AfricaIn 2018, R3-million was paid to Athletics South Africa (ASA) by Make Me Movement (MMM), an organisation that worked with victims of GBV, but was hijacked by lottery looters. MMM had received R18-million from the National Lotteries Commission (NLC) for a bogus rural cycling project.
The rand climbed to a 13-month high on Friday, riding a wave of optimism about South Africa’s economy and also buoyed by expectations of imminent Federal Reserve interest-rate cuts.
South African state-owned power utility Eskom aims to shift to mainly clean energy sources by 2040 from its current predominantly coal-based generation fleet, it said on Wednesday as it laid out its latest plans for the change.