AviationEthiopian Airlines shows interest in South African AirwaysPritam BordoloiOctober 17, 2019 by Pritam BordoloiOctober 17, 2019 South African Airways is looking for outside investments as the company is running losses since 2011... Read more
TelecomMTN reaches 95% 4G coverage across South AfricaPritam BordoloiOctober 11, 2019 by Pritam BordoloiOctober 11, 2019 The telco invested R40 billion over the last four years to improve network coverage and quality... Read more
Oil & GasQatar may build LNG terminal in South AfricaPritam BordoloiSeptember 26, 2019December 2, 2019 by Pritam BordoloiSeptember 26, 2019December 2, 2019 This follows PetroSA revealing its Mossel Bay refinery will run out of gas by end of 2020... Read more
Wealth ManagementKenya has around 356 billionaires, 4th highest in AfricaPritam BordoloiSeptember 23, 2019November 4, 2019 by Pritam BordoloiSeptember 23, 2019November 4, 2019 73% of Kenya’s billionaires are from Nairobi... Read more
Oil & GasSouth Africa enacts new oil and gas law, fixes 10% government ownershipPritam BordoloiSeptember 17, 2019November 4, 2019 by Pritam BordoloiSeptember 17, 2019November 4, 2019 The new law will also give South Africa’s government the right to 10% production at no cost... Read more
BankingNow South Africa’s Standard Bank starts selling smart phonesInternational Finance DeskAugust 30, 2019December 16, 2019 by International Finance DeskAugust 30, 2019December 16, 2019 The new scheme allows customers to buy smartphones through an extended payment facility... Read more
BankingSouth Africa requests new banking licence for PostbankInternational Finance DeskAugust 28, 2019December 16, 2019 by International Finance DeskAugust 28, 2019December 16, 2019 South African Post Office is losing out large number of logistics business due to this factor... Read more
BankingSouth Africa’s new Debt Relief Law causes major concern to banksInternational Finance DeskAugust 20, 2019March 18, 2020 by International Finance DeskAugust 20, 2019March 18, 2020 The banking sector, the clothing retailers and the Democratic Alliance have opposed the law... Read more
BankingAbsa’s retail banking market share, profits increaseInternational Finance DeskAugust 13, 2019March 18, 2020 by International Finance DeskAugust 13, 2019March 18, 2020 The increase in earnings is attributed to the strong performance of its South African retail business... Read more
EconomyAfrican Free Trade Act to boost US exports: South AfricaPritam BordoloiAugust 5, 2019 by Pritam BordoloiAugust 5, 2019 Members have to remove tariffs from 90% of goods which will facilitate free access to goods and services across the continent... Read more