South African Airways suspends all operations amid Coronavirus pandemic
The carrier has suspended both international and domestic flights until May 31...
Tag : South Africa
Data falls: Vodacom to cut data price by 30% as part of social contract
The Competition Commission has ordered the telecom giant to revise pricing on internet connectivity in South Africa...
South Africa’s King Price buys Stangen, targets life insurance
King Price bought Stangen from African Phoenix Investments for R140 mn...
South Africa to set up wealth fund, state bank to improve financial access
The plans for both proposals were announced by President Cyril Ramaphosa in his 2020 State of the Nation Address...
Beleaguered South African Airways gets $240 million bailout package
The state-owned airline has not been able to generate revenues and has managed to survive largely due to government rescue packages...
Cenfura and C4D to develop renewable energy assets in South Africa
Both parties will deliver the first tokenised assets to microgrids in the Gauteng Province of South Africa...
African tech startups secure $491.6 mn in funding in 2019
2019 also witnessed a 61% increase in the number of investors to reach 261...
African tech companies invited to partner Britain-led growth scheme
With its startups generating 50% more venture capital in 2017 than in 2016, Africa is witnessing an exponential growth in the technology industry...
South Africa to restructure GDP data September onwards
The start year for calculating GDP will be updated to 2015 from the existing year of 2010...
Goldman bank licenced to operate in South Africa as part of expansion
The bank has become a member of Johannesburg Stock Exchange’s interest-rate and currency-derivatives market...