South Africa requests new banking licence for Postbank
South African Post Office is losing out large number of logistics business due to this factor...
Tag : South Africa
South Africa’s new Debt Relief Law causes major concern to banks
The banking sector, the clothing retailers and the Democratic Alliance have opposed the law...
Absa’s retail banking market share, profits increase
The increase in earnings is attributed to the strong performance of its South African retail business...
African Free Trade Act to boost US exports: South Africa
Members have to remove tariffs from 90% of goods which will facilitate free access to goods and services across the continent...
South Africa to launch tender for first LNG terminal next year
The liquefied natural gas (LNG) terminal, to be constructed at the Richards Bay port is expected to be functional by 2024...
South Africa’s central bank prepares to sell 50% stake in African Bank
African Bank was placed under the central bank five years ago when low-income clients failed to pay back personal loans...
GSK-Pfizer merger gets South Africa regulator’s conditional approval
The merger GlaxoSmithKline -Pfizer will create a health care giant with sales of £9.8 billion...
UAE, South Africa sign MoU to strengthen bilateral trade and investment
The UAE commits to inject billions of dollars into the South African economy at South Africa- UAE joint forum...
South Africa develops new oil and gas policy to limit sector uncertainty
The move was initiated after Total SA’s huge deepwater oil discovery off the coast of South Africa...
Goldman Sachs, South Africa’s Investec to extend equities trading to Africa
After making a big bet on strong economic growth in South Africa, Goldman is in a win-win partnership...