MTN Group plans to sell shares in the carrier’s Nigeria unit worth about 101 billion naira (R3.7 billion), continuing a plan to sell assets and pay down debt.

Anglo American has appointed Duncan Wanblad as its new CEO, replacing Mark Cutifani who is retiring next year after nine years in the role, the mining conglomerate announced on Wednesday.

Old Mutual’s private equity arm is in talks to buy Long4Life, the investment company founded by entrepreneur Brian Joffe, according to people familiar with the matter. 

South African fuel prices will hit record highs as of Wednesday, with the price of petrol spiking to over R19.50 a litre in the economic hub of Gauteng and other inland provinces.

Germany will give €700 million (R12.5 billion) towards helping South Africa phase out the use of coal, the German delegation at the COP26 climate talks in Glasgow.

While the return of load shedding is not unexpected, it will significantly impact the country’s economy and will lead directly to further job losses, says professional services firm PwC.

British bank Barclays on Monday said chief executive Jes Staley had quit ahead of contesting the outcome of a UK probe into historical links with convicted sex offender Jeffrey Epstein.

Southern Africa's transport operators are facing several challenges, but among the chief concerns is the rising cost of jet fuel.

Facebook is re-christening itself Meta Platforms, decoupling its corporate identity from the eponymous social network mired in toxic content, and highlighting a shift to an emerging computing platform focused on virtual reality.

City of Windhoek (CoW) Acting CEO,George Mayumbelo, has hit back at concerns that his participation in the panel that conducted interviews for the CoW CEO position was unethical.

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