Chinese and French oil giants sealed a landmark US$10-billion deal on Tuesday to develop Uganda's energy resources and build a vast regional oil pipeline, a megaproject that has incensed environmental groups.

South Africa plans to raise around R630 billion in global markets this year, Finance Minister Enoch Godongwana told the country's lawmakers on Tuesday.

As the clock struck 12 midnight, glasses were raised and well wishes and new resolutions rang out signaling the start of 2022. We’ve been down this road before many a time, but the last few years have not been kind and whatever we have wished for has been hard to achieve.

South Africa's government is in talks with the World Bank to secure additional funding, according to people familiar with the discussions.

The mining industry has called for urgent deregulation of the energy sector so that private players can help to relieve crippling energy shortages facing South Africa.

Microsoft's Satya Nadella has been named the world’s top CEO by brand valuation consultancy Brand Finance. The Indian-born American succeeded Steve Ballmer in 2014 as the leader of the technology corporation.

The Reserve Bank's monetary policy committee has hiked the repo rate by another 25 basis points to 4%. This brings the prime rate to 7.5%.

Planning for retirement can be a daunting experience – whether early or later on in your career. The good news is that you don’t have to do it alone or feel overwhelmed by the complexities associated with financial products.

The net worth of Zimbabwe's telecoms tycoon Strive Masiyiwa, who has recently been appointed to the Bill and Melinda Gates Foundation board, has surged 125% to US$2.7 billion (~R41.3 billion), Forbes said in a new report on Africa's 18 billionaires, including Johann Rupert, the second-richest person on the continent.

Technology giant Apple held on to the world’s most valuable brand title with record valuation at more than $355 billion (R5.4 trillion), followed by Amazon and Google, according to Brand Finance Global 500 2022’s ranking released Wednesday.

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