Africa Edition Headlines

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• Source limited to: Business Report (IOL)

 2018-01-24 07:00 

Business Report (IOL)

Bacardi buys tequila company Patrn for R60 billion...

Global spirits company Bacardi has purchased tequila company Patrn for an estimated R60.6 billion....

 2018-01-24 06:30 

Business Report (IOL)

Android now tells you the speed of WiFi networks before you join them...

Technology giant, Google, yesterday announced that Oreo will now display the speed of nearby open Wi-Fi networks....

 2018-01-24 06:23 

Business Report (IOL)

Another executive resigns at Eskom...

The acting head of group capital at South Africa's Eskom has resigned....

 2018-01-24 06:00 

Business Report (IOL)

Will Koko stay or will he have to go?...

The fate of reinstated executive Matshela Koko was among matters that Eskom's new board was scheduled to discuss at its meeting later today....

 2018-01-24 05:30 

Business Report (IOL)

Former Finance Minister Nhlanhla Nene to speak at Raging Bulls Summit...

Former minister of Finance Nhlanhla Nene will be one of the key speakers on investments at the Raging Bull Summit....

 2018-01-24 05:26 

Business Report (IOL)

IMF chief meets Ramaphosa at #WEF in Davos to discuss economy...

IMF chief Christine Lagarde said on Tuesday she had met with South African Deputy President Cyril Rampahosa on the sidelines at WEF....

 2018-01-24 04:55 

Business Report (IOL)

#WEF - Spirited team SA has some great I-deas to draw business at Davos...

The South African delegation led by Deputy President Cyril Ramaphosa arrived in good spirits in Davos, Switzerland....

 2018-01-24 04:54 

Business Report (IOL)

JSE closes on a record high...

South Africa's stocks rallied yesterday, closing the day at a record high of 61474 points....

 2018-01-24 04:45 

Business Report (IOL)

Rand weaker as investors wait for clues from ANC...

The Rand drifted lower yesterday as investors waited for more clues from the new leader of the ANC....

 2018-01-24 04:30 

Business Report (IOL)

FNB forecasts mildly stronger housing market in 2018...

FNB believes the improved sentiment in the country following the ANC's elective conference could lead to a mildly stronger housing market this year....

 2018-01-23 20:30 

Business Report (IOL)

Analysis: Clicks sales grow 14.2% despite tough conditions...

JSE-Listed pharmacy retailer Clicks yesterday reported that sales growth at its chain stores had grown 14.2percent in the half-year to January....

 2018-01-23 19:30 

Business Report (IOL)

Ship hired to find MH370 arrives in search zone...

A vessel hired to search for Flight MH370 and solve one of the world's greatest aviation mysteries has reached the remote spot in the Indian Ocean....

 2018-01-23 18:30 

Business Report (IOL)

Lewis experiences revenue declines despite high December sales...

South African furniture retailer Lewis Group on reported that its revenue for the 9 months ended 31 December 2017 had declined by 1.7%....

 2018-01-23 18:00 

Business Report (IOL)

WATCH: #WEF Crystal Awards honour artists...

The 24th Annual Crystal Awards took place on Monday at the World Economic Forum in Davos, with international artists being honoured at the awards....

 2018-01-23 17:30 

Business Report (IOL)

OPINION: Harnessing the youth dividend to prosper...

Kathy Davey, fund manager at Ashburton Investments writes about what can Africa leaders do to avoid the youth dividend turning into a serious problem....

 2018-01-23 16:30 

Business Report (IOL)

$42m share buy-back plan...

Pallinghurst mining company Jupiter Mines yesterday announced the terms of an off-market equal access share buy-back....

 2018-01-23 15:30 

Business Report (IOL)

#WEF - Could 2018 be the year of the next financial crisis?...

Keynote speakers at the World Economic Forum discussed whether 2018 could be the year for the next financial crisis....

 2018-01-23 14:30 

Business Report (IOL)

Test for novel tobacco device...

US health advisers will vote this week on whether to allow Philip Morris International to sell its novel iQOS tobacco device....

 2018-01-23 14:22 

Business Report (IOL)

#WEF: Gigaba feels the positive sentiment in Davos...

Business Report's Adri Senekal de Wet is in Davos at the World Economic Forum. She gives us her take on the first day and minister Gigaba's progress....

 2018-01-23 13:59 

Business Report (IOL)

#WEF: Tech revolution will see 'serious winners and losers': Davies...

There will be "serious winners and losers" as a result of the Fourth Industrial Revolution and South Africa needs to be properly prepared....

 2018-01-23 13:37 

Business Report (IOL)

I do not have a personal relationship with the Guptas - Anoj Singh...

Former Eskom CFO, Anoj Singh, has appeared at the parliamentary state capture inquiry. Singh has denied any relationship with the Gupta family....

 2018-01-23 13:35 

Business Report (IOL)

#WEF Gallery - Ramaphosa meets with Rwanda President Paul Kagame...

On Tuesday, the ANC president, held a bilateral meeting with Rwanda President Paul Kagame on the margins of the WEF 2018 Annual Meeting....

 2018-01-23 13:30 

Business Report (IOL)

Mnangagwa attempts to woo 'once-bitten' lenders...

Zimbabwe is committed to repaying arrears to external lenders so it can resume support programmes with institutions such as the IMF....

 2018-01-23 13:12 

Business Report (IOL)

#WEF - Wisp selected as runner up at awards ceremony in Davos...

The Western Cape Industrial Symbiosis Programme has been selected as runner-up in the Circular Economy Public Sector Award of The Circulars 2018....

 2018-01-23 12:35 

Business Report (IOL)

WATCH: Lehohla joins start-up campus as adviser...

Lindiwe Zulu welcomed the appointment of former StatsSA Dr Pali Lehohla by 22 On Sloane as its research resident adviser....

 2018-01-23 12:32 

Business Report (IOL)

#StateCapture Deputy Chief Justice Zondo stalled by Zuma...

Zondo: Of course there may be concern in some quarters, but I'm ready to make key decisions to get the commission up and running....

 2018-01-23 12:30 

Business Report (IOL)

Skandia offloads H&M stake...

One of &M's largest shareholders has lost its patience....

 2018-01-23 12:00 

Business Report (IOL)

Acclaimed economist Mike Schussler to speak at Raging Bulls Awards...

Chief Economist at Economists.co.za, Mike Schussler will be one of the key speakers at the biggest financial summit, The Raging Bulls Awards....

 2018-01-23 12:00 

Business Report (IOL)

Acclaimed economist Mike Schussler to speak at Raging Bull Awards...

Chief Economist at Economists.co.za, Mike Schussler will be one of the key speakers at the biggest financial summit, The Raging Bull Awards....

 2018-01-23 11:30 

Business Report (IOL)

OPINION: Are we discovering reformation and openness in SA?...

Dr Pali Lehohla the former head of Statistics SA writes about the fluid and volatile state of dizziness from nightmares of scandal and corruption....

 2018-01-23 11:00 

Business Report (IOL)

You can earn bitcoin with these free apps...

Find out how you can earn bitcoin with these free apps that pay out as much as 400 Satoshi every 15 minutes....

 2018-01-23 10:30 

Business Report (IOL)

#WEF - Alternative to GDP suggested...

WEF advocates an alternative to GDP that will measure the level and rate of improvement in shared socio-economic progress....

 2018-01-23 10:00 

Business Report (IOL)

FACTSHEET: Major facts you need to know about Anoj Singh...

Singh has been implicated in illicit dealings with the Gupta brothers and has tendered his resignation for Ekom. Get to know more about the former Eskom CFO....

 2018-01-23 09:55 

Business Report (IOL)

Sasol expects H1 earnings to rise up to 6%...

South African petrochemicals group Sasol expects half-year profit to lift as much as 6 percent on the back of higher crude oil prices....

 2018-01-23 09:09 

Business Report (IOL)

Cape Town needs your ideas to become a Smart City...

In its quest to create a Smart City, the City of Cape Town has called upon its residents to submit ideas to make Cape Town a Smart City....

 2018-01-23 09:05 

Business Report (IOL)

#WEF - Davos' main strip transforms into a little Hollywood...

When the masses descend upon snow-covered Davos for the WEF annual gathering, Esther Heldstab is determined to swim against the tide....

 2018-01-23 08:33 

Business Report (IOL)

Koko says he is being used to discredit government...

Former acting Eskom CEO, Matshela Koko says that he is being used to disgrace the state-owned entity and the government....

 2018-01-23 08:00 

Business Report (IOL)

Hotel investment volumes in sub-Saharan Africa to grow...

Hotel investment volumes in sub-Saharan Africa were expected to increase year on year by between 10 and 20% this year to about R6.07bn in transactions...

 2018-01-23 07:07 

Business Report (IOL)

#WEF GALLERY: South Africa is open for business...

Deputy President Cyril Ramaphosa's main responsibility at WEF will be assuring investors that South Africa is no longer facing political instability....

 2018-01-23 07:00 

Business Report (IOL)

New Eskom board signals winds of change...

As Eskom's board was put on its head in a move to turn the troubled power utility around, all eyes turned to Public Enterprises Minister Lynne Brown....

 2018-01-23 06:30 

Business Report (IOL)

WATCH: Beware of bogus colleges...

The Depart of Higher Education and Training shows zero tolerance to illegal colleges as several institutions have been recently shut down in Gauteng....

 2018-01-23 06:00 

Business Report (IOL)

Richemont to buy all of Ynap in 2.7bndeal...

Swiss luxury group Richemont announced that it was expecting to pay almost 2.7billion (R40.05bn) for the remaining Yoox Net-a-Porter (Ynap) stake....

 2018-01-23 06:00 

Business Report (IOL)

Richemont to buy all of Ynap in R2.7bn deal...

Swiss luxury group Richemont announced that it was expecting to pay almost 2.7billion (R40.05bn) for the remaining Yoox Net-a-Porter (Ynap) stake....

 2018-01-23 05:55 

Business Report (IOL)

What is happening in Davos today...

Deputy President of South Africa and the President African National Congress is attending the World Economic Forum 2018....

 2018-01-23 05:35 

Business Report (IOL)

2018 GDP forecast cut to 0.9% by IMF...

The International Monetary Fund (IMF) yesterday slashed South Africa's growth forecast for the next two years....

 2018-01-23 05:30 

Business Report (IOL)

Visa not interested in Cryptocurrency-based transactions...

Alfred Kelly, CEO of Visa does not see cryptocurrencies as real money and says that Visa is not interested....

 2018-01-23 04:55 

Business Report (IOL)

Steinhoff bid to raise R7.5bn in PSG shares...

Steinhoff International wants to raise about R7.5billion through a placement of about 29.5million ordinary shares in the PSG Group....

 2018-01-23 04:44 

Business Report (IOL)

Lonmin takes hit of R13bn...

Beleaguered Lonmin announced that it had suffered a $1.04billion (R12.7bn) impairment of non-financial assets driven by a change in its business plan....

 2018-01-23 04:30 

Business Report (IOL)

Rand rally continues on ANC changes...

Domestic markets strengthened yesterday, driven by optimism about the prospects for change under the new leader of the ANC....

 2018-01-22 20:30 

Business Report (IOL)

Dalian Wanda to sell off assets after revenue falls 10.8%...

Chinese conglomerate Dalian Wanda Group's revenue fell by 10.8% in 2017, the second consecutive year it declined....

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