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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