What to expect from South Africa’s interest rate hike this week
The South African Reserve Bank’s (SARB) Monetary Policy Committee (MPC) is set to hike interest rates ...
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Tag: africa news
Volkswagen seeks to raise US$9.4bn in Porsche IPO
Volkswagen AG is looking to raise as much as 9.4 billion euros ($9.41 billion) from the ...
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You can be fired for a WhatsApp message
Work-related group chats have become all too common, with employees and employers able to communicate at ...
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Bondholders criticise IMF’s move to restructure Zambian debt ratio
Zambia’s international bondholders have criticised the International Monetary Fund’s (IMF’s) debt restructuring framework as “arbitrary” and ...
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France’s Canal+ doubles stake in South Africa’s MultiChoice in a year
Canal+, a unit of France’s US$9.7 billion Vivendi SE, has been speeding up its acquisition of ...
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Germany sells entire Lufthansa stake at US$760m profit
Germany raised 760 million euros (US$760 million) from the sale of a stake in Deutsche Lufthansa ...
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What to expect from the rand in the coming months
The rand is expected to be beaten around by global markets in the coming months, as ...
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Barclays expands Africa offering to target US$2trn of wealth
Barclays Plc is expanding private-banking services in Africa, looking to target the continent’s US$2 trillion high-net ...
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Angola tops Nigeria as Africa’s biggest oil producer in August
Nigeria lost its crown as Africa’s largest crude producer as Angola surpassed the country for the ...
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Heineken can buy Distell – but must sell Strongbow among many conditions, says competition body
The South African Competition Commission has conditionally recommended the approval of Dutch giant Heineken's proposed takeover ...
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