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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.

Nedbank Namibia has appointed Stuart Main as the new Executive: Treasury.

BoN hits back at survey

January 17, 2022

The Bank of Namibia (BoN) has hit back at the rating of its Governor, Johannes Gawaxab by Global Finance magazine in its Central Bank Governors in 2021 survey, raising rating inconsistency concerns.

The International Renewable Energy Agency (IRENA) says Namibia has the potential to raise the total investment from its initial green hydrogen projects to US$ 9.4 billion, which is almost in line with the country’s current GDP and become a net exporter of energy in the coming years.

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.

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