TymeBank's sister company just got $70 million (about R1.1 billion) from Tencent and UK's development financier to expand its operations.

Alexander Forbes is buying one of Sanlam's businesses in a transaction that will increase its client base by 40%.

The industrial cannabis/hemp industry has immense growth potential in South Africa; and the continent as a whole, due to favourable climates, affordable land and relatively low labour costs, notes law firm Cliffe Dekker Hofmeyr.

The International Monetary Fund sees "downside risks" to the global economic rebound it forecast for this year and next, and is concerned that new coronavirus variants may hinder the recovery, its chief economist said. 

Namibia has officially confirmed the presence of the Omicron coronavirus variant after 18 cases were detected in the country. 

Khomas region continues to record a spike in COVID-19 cases, a position which the Ministry of Health says is concerning.

Zambia Airways is set to launch on December 1, 2021, backed by a joint venture between Ethiopian Airlines and the Industrial Development Corporation Limited (IDC), a government-owned financial institution based in South Africa.

Standard Bank South Africa says it has introduced a Covid-19 vaccination policy, which requires all employees of the group who work from the premises to be vaccinated against Covid-19.

Old Mutual’s private equity arm has proposed R5.80 per share for Long4Life, valuing the SA investment company founded by entrepreneur Brian Joffe at about R3.7bn.

The United Kingdom has approved the use of a drug to treat people at high risk of developing severe COVID-19 symptoms, which the manufacturers say appears to be effective against the new Omicron variant.

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