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Paratus Namibia and Ongos Join have signed a pact to connect over 11,000 new residents in Ongos Valley with fibre.

It’s sad that Distell Group will disappear from the JSE within the next few months following its acquisition by Heineken – not only is another share disappearing from the stock exchange and reducing the investment opportunities, but a piece of SA business history is also fading.

The insurance claims by over 14 000 businesses affected by the July lootings stand at R32 billion, with R12.6 billion paid out so far, the South African Special Risks Insurance Association (Sasria) said on Tuesday.

Heineken NV has made an offer to increase its stake in Namibian Breweries Limited (NBL), as the Dutch brewer seeks to consolidate its footprint in Africa.

Forsys Metals Corp. has announced the appointment of Bacchus Capital Advisers to conduct a strategic review of the company’s 100% owned Norasa Uranium Project located in Namibia.

Deloitte Africa CEO Lwazi Bam will step down after ten years in May 2022. The accounting giant announced on Monday that it has identified Ruwayda Redfearn as the incoming CEO to succeed Bam from 1 June 2022.

Interest rates in South Africa are poised for lift-off, but the South African Reserve Bank (Sarb) is reticent to provide guidance.

Tanzania's central bank has placed a 10-year limit on the tenure of chief executives officers of banks and banned elected officials from serving on the boards of financial institutions.

Ohlthaver & List Group has announced the lifting of all business rescue measures it introduced in July for its leisure business with effect from 1 November, with all employees resuming their normal working hours and receiving their normal salaries.

Health minister Kalumbi Shangula has announced that the Pfizer vaccine will now also be administered to adolescents between the ages of 12 to 17 years.

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