R/€ = 16.26 Change: 0.35
R/$ = 14.53 Change: 0.28
Au 1346.50 $/oz Change: 10.98
Pt 803.77 $/oz Change: 4.73


Brazilians score following African Utility Week

By: Kim Cloete     28th May 2019 Brazilian companies are expected to generate business of $5.3-million over the next year as a result of the recent African Utility Week and PowerGEN Africa conference and exhibition. The Brazilian Trade and Investment Promotion Agency, Apex-Brasil, in partnership with the Brazilian Association of... 

Vodacom permit dispute threatens to disconnect Congo clients

By: Bloomberg     28th May 2019 Vodacom Group’s unit in the Democratic Republic of Congo (DRC) will lose the right to provide second-generation (2G) services this week unless it renews a disputed licence, according to a government order. The directive threatens to disconnect some of Vodacom Congo’s 11.8-million customers who’ve... 

MTN close to paying off 330bn naira fine in Nigeria – NCC

By: Reuters     22nd May 2019 African telecommunications giant MTN has paid 275-billion naira ($898.99-million) toward a 330-billion naira fine imposed on it for not disconnecting unregistered SIM cards, Nigeria's communications agency said on Tuesday. The final 55-billion naira payment from MTN, Africa's largest... 

Meet the electric car that keeps on going . . . and going

By: Irma Venter     15th May 2019 Ever thought South Africa would see an electric car with more than 202 000 km on the clock? Meet Shaun Maidment, from Pretoria. Maidment, a telecommunications consultant, is the proud owner of a BMW 60Ah i3, which has reached the 15th highest mileage of all i3s sold to date globally. 

President's correct, S Africans need to act together to realise economic opportunities – Baissac   

By: Martin Creamer     14th May 2019 President Cyril Ramaphosa is correct in stating that South Africans need to act together with urgency and boldness if they are to realise the economic opportunities before them, Eunomix CEO Claude Baissac said on Tuesday. Baissac, who was speaking to Mining Weekly Online following the finding of... 

No honeymoon

By: Terence Creamer     10th May 2019 With the 2019 finally elections out of the way, the new administration can expect little or no honeymoon period. The President and his team will have to hit the ground running to stand any chance of turning what goodwill still remains to positive account. The appointment of a credible and... 

MTN appoints Jonas chairperson designate, establishes international advisory board 

By: Natasha Odendaal     3rd May 2019 JSE-listed telecommunications giant MTN Group has established an international advisory board (IAB), led by political and business heavyweights. The group also plans on effecting an “evolution of the board”, with former Finance Minister Mcebisi Jonas appointed chairperson designate, as it enters... 

Africa gains traction as trade destination

By: Jessica Oosthuizen     3rd May 2019 Africa, as a trade and export destination, is looking increasingly attractive from a South African perspective, and represents an opportunity for growth for many South African companies, says research and consulting specialist Africa House MD Liz Whitehouse. Africa offers South African companies... 

Mr Price lists on A2X, retains primary listing on JSE

By: African News Agency      2nd May 2019 Fashion retailer Mr Price Group will list its shares for trade on the A2X markets on Thursday while it will retain its primary listing on the Johannesburg Stock Exchange (JSE). Mr Price said that its issued share capital will be unaffected by its secondary listing on A2X. 

Lesotho Highlands Water Project – Phase II, Lesotho

By: Sheila Barradas     26th April 2019 The contract for the construction of the Polihali diversion tunnels has been awarded. 

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