South Africa’ Zuma asked mining and steel companies to limit job cuts
South Africa President Jacob Zuma has asked mining and steel companies to limit job cuts as falling commodity prices put profits at risk. “We urge […]
South Africa
South Africa: MTN H1 profit declines by 11%
MTN Group Ltd., Africa’s largest wireless operator, on Wednesday reported a decline in revenue both locally, and at the group level, for the first six […]
Zambia: Dangote Cement plans $900 Mln investment
Dangote Cement plans to double investment in Zambia to around $900 million by building a second cement plant, the company’s vice-president said on Tuesday. Dangote […]
South Africa: Telkom Cuts 2,393 Jobs
Telkom SA SOC Ltd., the South African landline operator, and its unions have forged an agreement to manage restructuring and retrenchments at the state-owned telecommunications […]
Diageo and Heineken end partnership in South Africa and Namibia
The drinks maker, Diageo is pulling out of its South African and Namibian joint ventures with Heineken and local partner Ohlthaver & List. Diageo Plc […]
Vodacom Group appoints new chief financial officer
Vodacom Group Ltd., the South African unit of Vodafone Group Plc, appointed Till Streichert as chief financial officer after Ivan Dittrich resigned. Ivan Dittrich, chief […]
Desmond Tutu leaves hospital after a week-long treatment
South Africa’s Archbishop Desmond Tutu has returned home after a week-long treatment in hospital for an unspecified infection, the Desmond and Leah Tutu Legacy Foundation […]
South Africa: MTN to end two-month strike
One week after the appointment of Mteto Nyati as chief executive of the South African mobile operator MTN Group, the leaders of the Communications Workers […]
South Africa: Desmond Tutu Hospitalized
South African Nobel Peace Prize Laureate Desmond Tutu has been hospitalized with an undisclosed but “persistent” infection, his foundation said Tuesday. In a statement released on […]
Coffee giant Starbucks to open stores in Sub Saharan Africa in 2016
After it struck a deal with Taste Holdings on Tuesday, the coffee giant Starbucks says it will open stores in sub-Saharan Africa for the first […]