Tanzania issued a call for financiers to back a new railway line linking its western town of Uvinza with Burundi’s capital Gitega on Sunday.

Microsoft Corp.’s planned acquisition of Activision Blizzard Inc. is breaking all sorts of records, even for a company that hasn’t shied away from massive deals in recent years.

CEO optimism around global economic factors is at its highest in a decade, with 77% of 4 446 CEOs surveyed predicting improving conditions while only 15% expect the economy to worsen.

Distell's shares will be suspended on the JSE on July 20 and delisted on September 6 upon the conclusion of a scheme to enable international brewer Heineken International to make a €2.2 billion (R38.53bn) offer for the liquor group.

South Africa's green hydrogen economy could get as much as €40 million (or about R700 million) in grant funding from the German government for its development.

Alphabet’s Google said it would spend US$1 billion to buy up its own London offices, keeping a major presence in the UK capital at a time when firms wrestle with how to manage employee work habits.

Dutch energy giant Vitol, has progressed its bid to buy out shareholders in JSE-listed Vivo Energy shareholders, which distributes Shell and Engen branded fuels and lubricants in Africa, and has obtained key approval from the South African Reserve Bank.

De Beers pushed through one of its most aggressive diamond price increases in recent years as the world’s biggest producer of the stones cashes in on a buying frenzy for uncut gems.

In one of the priciest sales in New York real estate history, a four-bedroom penthouse apartment overlooking Central Park was purchased for US$190 million (just under R3 billion), the Wall Street Journal reported Thursday.

The Omicron variant, which officially marked the fourth wave of the Covid-19 pandemic, is flattening out after a six-week surge, with South Africa recording a 9% decline in weekly infections.

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