Latest News South Africa
Telecoms
20/11/2019 at 17h31, by Valentin Grille
Telkom in takeover talks with Cell C but is wary of its debt
On the South African market dominated by Vodacom and MTN, the country’s third largest operator is looking...
Private Equity
20/11/2019 at 17h09, by Valentin Grille
Vantage Capital to launch a new $200m fund for renewable energies
The mezzanine fund manager will also exit its $18.5m investment in Genser Energy, an independent power...
Consumer goods & Retail
07/11/2019 at 17h39, by Africa Business+
Taste Holdings offloads its costly food and beverage division (Starbucks, Domino’s Pizza, Maxi’s, etc.)
The South African franchiser, unable to meet the investment costs required to attain financial stability,...
Electricity
04/11/2019 at 09h44, by Africa Business+
Eskom accuses Deloitte of “corruption” and claims $14 million
The state electricity utility challenges conditions under which several consultancy contracts were awarded....
Bank
31/10/2019 at 14h48, by Africa Business+
Absa granted a $75 million trade finance facility from CDC
The UK development finance institution has selected the South African bank for a new risk sharing facility.
Health
26/09/2019 at 16h47, by Africa Business+
South Africa: with Aspen, India’s Laurus Labs gains access to the public antiretroviral sector
Generic pharmaceutical firm Laurus Labs is to acquire 100% of the shares of a subsidiary of South African...
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