Africa-news

Africa-news (598)

MTN Group Ltd.'s Nigerian unit has been awarded a 5G licence in Africa's most populous country, paving the way for the continent's largest wireless carrier to supply faster internet to consumers and businesses.

South African businesses face a historic shortage of newly qualified Chartered Accountants (CAs) in 2022 as many take advantage of international opportunities while others work remotely in South Africa for US companies at very attractive salaries.

Former chair of Shoprite Holdings Christo Wiese has purchased 20 000 single stock futures contracts on the open market to a total value of R413.6 million. The announcement was made by the group on Friday.

South African Finance Minister Enoch Godongwana called for changes to the way the fuel price is calculated, after the cost of gasoline rose to a record this month.

Sanlam says its life and savings business paid more than R14 billion in death claims in the first 10 months of this year alone.

When Joyce Rejista ran out of money at a music festival she found herself in a familiar fix for villagers across Malawi, needing cash in places where banks and ATMs are scarce.

Pharmacy group Dis-Chem will introduce a mandatory vaccination requirement for staff members from 1 February 2022.

The South African Public Service Commission (PSC) will introduce lifestyle audits for government workers from February 2022.

South Africa’s economic growth forecast of 5.1% for 2021 is at risk after more than 90 nations imposed travel bans on the country right before its summer holiday season because of the discovery of the coronavirus omicron variant.

Zimplats, the Zimbabwean unit of Impala Platinum, has announced a new $1.8 billion (about R28 billion) capital shore-up to develop a new mine, expand existing production and processing capacity at existing ones, and to cater for power outages through a 185 MW solar power plant.

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