South Africa’s Minister in the Presidency, Mr. Jeff Radebe, has announced the appointment of the new Statistician-General and Head of Statistics South Africa (Stats SA), Mr. Risenga Maluleke.
British Chancellor Philip Hammond has called on UK regulators and law enforcement to review concerns raised by Lord Peter Hain that HSBC and Standard Chartered banks may “have been conduits for the corrupt proceeds of money".
[South Africa] Brainworks becomes first Zimbabwean company to have primary listing on the Johannesburg Stock Exchange
Brainworks Limited has listed in the Equity Investments Instruments sector on the main board of the JSE.
Mars Africa, the South African-based division of Mars Incorporated, a global family-owned food business, and DHL Supply Chain South Africa, the world's largest contract logistics company, have signed a contract that will see DHL providing warehousing and distribution services for a number of Mars products.
Brazil aircraft manufacturer Embraer is set to establish a new training center at O.R. Tambo International Airport, Johannesburg.
The increase in the demand for the South African wines in Russia provides a good opportunity for the local companies to penetrate the Russian market.
Bolloré Logistics South Africa obtained the Transported Asset Protection Association (TAPA) Level C certification for its Pomona warehouse in Johannesburg. This is the first African subsidiary to receive this kind of certification.
[South Africa] Old Mutual Alternative Investments acquires 50 percent stake in Faircape Life Right Holdings
Old Mutual Alternative Investments (OMAI), Africa's largest private alternative investment manager, has acquired a 50% interest in Faircape Life Right Holdings for an undisclosed sum.
Vodafone research reveals South African optimism over possible business outcomes from the Internet of Things
Vodafone has released the South African findings of its fifth annual IoT Barometer Report – the global survey of business sentiment regarding investment and innovation in the Internet of Things.
Philip Morris International Inc. has been recognized for the second consecutive year as a Top Employer in Africa, awarding the company’s work environment and commitment to creating value for its employees.
The Gauteng Province and GE have signed a Memorandum of Understanding (MoU) to collaborate on projects in the key economic sectors of Energy and Healthcare.
[South Africa] Mercedes Benz Trucks to train 200 commercial vehicle drivers as part of October’s National Transport Month
The South African government declared October as National Transport Month in 2005 in order to raise awareness on the crucial role of transport in the economy.
Mastercard has launched its signature Girls4Tech™ programme at Sandtonview Primary School in Johannesburg, with the aim of driving interest in and awareness of science, technology, engineering and maths (STEM) studies
Creative Media Works, operating as BBM Messenger, has partnered with Springster, Girl Effect’s global mobile-first platform for vulnerable young women, to launch Girl Talk.
China Minsheng Drawin Technology Group (CMIG Drawin), a unit of investment conglomerate China Minsheng Investment Group, has launched the John Dude New City project in South Africa's Gauteng province.
The new Ashburton Global 1200 Equity Exchange Traded Fund (ETF), with a large interest in developed markets, has listed on the Johannesburg Stock Exchange becoming the 9th ETF to list this year.
[South Africa] The Novartis Foundation partners with University of Basel to launch healthy schools for healthy communities
The Novartis Foundation, the University of Basel, together with other partners have launched Healthy Schools for Healthy Communities.
A2X, South Africa’s newest stock exchange, has made its debut with three listings and four of the industry’s leading brokers on board.
PPC said on Friday that Nigeria’s Dangote Cement has withdrawn its interest to tie-up with the South African firm, sending its shares more than 13% lower.
According to Q3 performance data from Speedtest® by Ookla®, Vodacom has the “Best Network” and “Best 4G Network” among all major mobile network providers across the country.
Globally, as much as 35% of all treated water is lost to leaking piping systems with South African levels reaching as high as 60%.
As part of Vodafone’s global rebrand, Vodacom has announced a significant evolution of its brand positioning strategy, tagline and visual identity worldwide – the first changes to the South African brand since the introduction of 'Power to you' in 2009
The experience of owning a Volkswagen vehicle has just been made easier with the launch of the My VW Customer App.
Despite the continent’s transport infrastructure lagging behind global standards for decades, Africa is bracing itself for a transport revolution as more countries embrace the onset of new technology.
Vodacom will significantly reduce out-of-bundle prices for all customers from mid-October. For pre-paid and customers on top-up packages, the out-of-bundle rate will drop by as much as 50% once the new 99c per megabyte tariff comes into effect.
The Petroleum Oil and Gas Corporation of South Africa SOC Ltd. (PetroSA), has recorded a loss for the year of R1.4billion for 2016/17 (2016: R449 million loss).
At first glance, it might seem unlikely that South Africa’s Constitution could be instrumental in deciding a cargo dispute with its roots in a 40-year-long North African territory deadlock.
Get your free AfricaCom visitor ticket and join the biggest gathering of Telecoms & Technology enthusiasts on the continent.
Stadio Holdings Limited has listed in the Specialised Consumer Services sector on the main board of the JSE becoming the fifteenth company to list on the JSE this year.
South Africa has signed five strategic agreement and memoranda of understanding with the government of the Republic of Zimbabwe which aim to strengthen bilateral relations between the neighboring countries, in Pretoria.
Global law firm Baker McKenzie has announced Morne van der Merwe’s appointment as managing partner of its Johannesburg office
Cloud and on premises enterprise software solutions provider Nice has announced that Nimble Group, an asset management and collections leader, is implementing Nexidia Analytics across all of its customer interactions.
[South Africa] Delta Energy & Communications partners with Mzansi Digital Republic Trust to boost energy, WIFI connectivity
Delta Energy & Communications, a network, smart grid, and big data company focused on providing connectivity around the globe has signed an agreement with the Mzansi Digital Republic Trust, a South African non-profit organization.
Pointer Telocation Ltd. a developer and operator of Fleet and Mobile Resource Management solutions, announced that it has concluded an agreement for the purchase of the activity of a South African company.
The cost to communicate in South Africa has been a hot topic in recent times, given the impact of the economic slowdown on the South African consumer and global trends on the cost of data.
The Board of Directors of the African Development Bank Group has approved a private sector multi-currency line of credit of US$100 million and 1.3 billion South African Rands to Industrial Development Corporation Plc (IDC) of South Africa.
Cell C is pleased to announce the appointment of Douglas Craigie Stevenson as its new Chief Operations Officer, effective as of 26 September 2017.
Vodacom continues to lead in the Internet of Things (IoT), now connecting more than three million ‘things’ in South Africa and averaging 55 000 new connections per month.
Johannesburg Stock Exchange expands product offering with listing of Satrix Quality South Africa ETF
The Johannesburg Stock Exchange (JSE) has expanded its product offering to investors with the listing of the Satrix Quality South Africa ETF (JSE: STXQUA). The new ETF will track the S&P Quality South Africa index.
Global multinationals seeking to invest in Africa are no longer automatically opting to first dip their toes in South African waters before spreading their wings to the rest of the continent, but are increasingly setting up shop directly in the market they wish to enter.
Oracle NetSuite, a provider of cloud-based financials / ERP, HR, Professional Services Automation (PSA) and omnichannel commerce software suites has expanded business operations in South Africa.
Unilever has set up a new Africa Hub office as the latest move in an ongoing drive to grow its business across the African continent and help create a Brighter Future for Africa with its portfolio of iconic brands.
The Domestic tourism survey 2016 report released by Statistics South Africa shows a pattern of decline in domestic tourism over the past two years, with the total number of day trips decreasing from 44,3 million in 2015 to 39,4 million in 2016.
Orion Minerals, an Australian base metals firm with an active exploration and development programme in South Africa, has listed in the Gold Mining sector on the Main Board of the Johannesburg Stock Exchange (JSE).
[South Africa] Aspen Pharmacare achieves global first in tax transparency with Oracle Tax Reporting Cloud
Aspen Pharmacare Holdings, the largest pharmaceutical company listed on the JSE has selected the Oracle Tax Reporting Cloud solution to report tax timely and accurately, to be compliant with the Base Erosion and Profit Shifting Country by Country reporting.
Steinhoff Africa Retail has listed in the Broadline Retailers sub sector on the main board of the JSE. Steinhoff Retail Africa (STAR) is the 14th company to list on the JSE this year.
aNewSpring, a dutch-based learning technology company has announced the opening of its Johannesburg-based office with exclusive distributor, New Leaf Technologies.
The Minister of Trade and Industry, Dr Rob Davies has held a bilateral meeting with the United Kingdom Secretary of State for International Trade, Dr Liam Fox in Pretoria.
Finance Indaba Africa is the biggest annual expo and conference for finance professionals.
[South Africa] Rand Merchant Investment’s AlphaCode makes fourth investment: Luno, international bitcoin platform
Luno today announced its expansion into 35 new markets across Europe, and R120 million Series B funding round, led by London-based Balderton Capital, one of Europe’s leading venture capital firms.
The U.S. Trade and Development Agency has awarded a grant to Solafrica Energy (Pty) Ltd., a developer of utility-scale solar power plants in Southern Africa, for a pilot project that demonstrates the performance of an energy storage system
South African financial services group Discovery has outlined the growth in scale and impact of its Vitality Shared-Value Insurance model.
South African gold producer AngloGold Ashanti has signed an agreement with an undisclosed party to sell the loss making Kopanang gold mine located in the west of Johannesburg.
The new Kuga has arrived in South Africa, offering one of the most technologically-advanced, smart sport utility vehicles (SUVs) with five-star safety and improved fuel efficiency.
South African Customs Union and East African Community deliberate on tripartite Free Trade Area market access
South Africa has played host to the 11th bilateral meeting between Trade Ministers of the Southern African Customs Union (SACU) and the East African Community (EAC).
Samsung is continuing its roll-out of the Samsung Z4 smartphone in South Africa for R1,499 – powered by its own Operating System (OS), Tizen.
Ascendis Health has reported strong growth in normalised headline earnings of 92% to R645 million for the year to June 2017 as the group significantly increased international sales following the completion of three acquisitions in Europe during the year.
South African consumers continue to pay more for medication long past the expiry of a patent, as a result of the increasing occurrence of pseudo-generics in the South African pharma marketplace.
Hans Balmaekers is Director of the upcoming Intrapreneurship Conference taking place in Cape Town South Africa on October 13. Africa Business Communities interviews him about the event:
Two of South Africa’s first financial technology companies have announced a strategic business relationship that is set to change the fintech payment space.
[South Africa] Arise acquires 12% stake in Equity Group Holdings and becomes single largest shareholder
Arise is pleased to announce the acquisition of a 12% stake in Equity Group Holdings Limited, the parent company of Equity Bank.
Asoko Insight, African company information repository, is proud to announce its selection to the World Bank’s XL Africa acceleration program.
PetroSA and Rosgeo sign multi-million dollar agreement to develop oil and gas blocks in South Africa
PetroSA, the Oil and Gas Corporation of South Africa, and Rosgeo, geological exploration company of the Russian Federation, have signed an agreement that will see about US$400 Million invested in oil and gas development.
Oxygen8 South Africa implements blockfraud technology to tackle mobile billing fraud mobile carrier networks
Oxygen8 South Africa, an intermediary company that facilitates billing services between content providers and mobile carriers, has unveiled its recent implementation of mobile billing anti-fraud software.
Kenya tops the world in financial inclusion, with latest reports giving the country a rating of up to 86 per cent above global heavy weights like Brazil.
African Rainbow Capital Investments Limited has listed in the Speciality Finance Sector on the main board of the Johannesburg Stock Exchange.
Statoil has completed a transaction with ExxonMobil Exploration and Production South Africa Limited, acquiring a 35 per cent interest in Exploration Right 12/3/252 Transkei-Algoa.
Recent Gartner research suggests there is a “growing demand in emerging markets for mid-priced 4G smartphones, with more storage, better processors and more advanced cameras”.
The Vodafone Group announced on Tuesday 5 September 2017 that the company’s subsidiary, Vodafone International, plans to sell 90 million shares, or a 5.2 percent stake, in South Africa's Vodacom Group at R165 ($13) per ordinary share.
[South Africa] GE’s power generation & air quality control technology is deployed at Kusile Unit One
General Electric has announced that it has successfully commenced commercial operations of Unit One of Kusile’s coal power plant.
Vodacom Business has announced the opening of its first office in the north west South African province of Bokone Bophirima.
TerraPay secures regulatory approval from South African Reserve Bank to launch cross border money transfers
TerraPay, the world's first mobile payments switch, announced today that it has successfully obtained regulatory approval from South African Reserve Bank to launch cross-border money transfer services in South Africa.
Improvon Group, one of South Africa’s most established logistics and warehouse property specialists, is poised to disrupt the sector in key sub-Saharan distribution markets, following a recent joint venture with Actis.
[South Africa] Vodacom and Eastern Cape Department of Education digitize education with launch of virtual teacher program
Vodacom and the Eastern Cape Department of Education have taken the digitalisation of education in the province a step further through the launch of the ‘Virtual Teacher’ platform in East London.
Assets under management by black-owned asset management firms grew 1.76% from R408.3 billion in 2016 to R415.5 billion in 2017 – slower than the 32% leap from 2015’s R309.2 billion.
Tourists in South Africa will have more opportunities to pay via smartphone as Alipay, online and mobile payment platform operated by Ant Financial Services Group, partners with Zapper.
Bolloré Logistics in South Africa has partnered with Clarins South Africa for a value-added warehousing solution.
South Africa has reiterated its commitment to increased two- way trade with Mozambique according to The High Commissioner of South Africa to Mozambique, Mandisi Mpahlwa.
Vodacom Insurance is introducing free ‘Siyakha Funeral Cover’. The funeral cover is the first product to launch under the new ‘Siyakha Price Plan.
Lenovo has announced the launch of two of its latest offerings; the Yoga 720 and Miix 720 in South Africa. The laptops come with features that, according to the company, give users more versatility, speed, and convenience.
South African stocks are on track to close the month at a new all-time high, after trading in a sideways range for over two years.
The Centre for Food Safety of the Food and Environmental Hygiene Department has announced that the import into and sale within Hong Kong of raw oysters harvested in Zwembesi Farms of South Africa has been suspended with immediate effect.
30,000 Kenyan farmers set to benefit from $12.6 million project to increase milk quality, production
A public-private development partnership is launching a $12.6 million program to help 30,000 Kenyan farmers increase the quantity and improve the quality of the milk they produce in the Rift Valley and the country’s eastern region
Unit 1 of the South African coal fired Kusile power station project has been brought into full commercial operation, adding 800MW which will help to further stabilize the national grid.
PetroSA , the Petroleum, Oil and Gas Corporation of South Africa, has donated R4 million for the complete reconstruction of the Maseleni Junior Secondary School, at Ntsetshe Village, Dutywa, in the Eastern Cape.
Baker Hughes, a GE company has announced a second major contract for Eni East Africa’s (EEA) Coral South FLNG development, offshore Mozambique.
Open Society Foundation launches South Africa Media Innovation Program to fund independent digital media
South Africa Media Innovation Program (SAMIP) to provide dedicated funding and capacity building support to independent media in the country, focused on digital innovation.
Parity, a Sage Platinum Reseller, implemented Sage X3 Fast Start for Lutramart Oils – an independent oil and lubricants company in a period of 21 days.
Africa 4.0: Creating, Capturing and Capitalizing on Opportunities for Growth
Transnet National Ports Authority’s new, fully integrated ecommerce platform has gone live
[Column] Betsie Strydom and Wandisile Mandlana: New tax measures to curb abuse of mining rehabilitation funds are a missed opportunity
The National Environmental Management Act, 1998 (NEMA) places the responsibility for remediating environmental damage, pollution or ecological degradation arising from mining operations on mining companies as the holders of prospecting or mining rights.
Kalon Venture Partners, formerly Grotech, and Smollan Group SA both acquired a minority stake in South Africa’s fastest growing shopping community, SnapnSave.
[South Africa] The Department of Trade and Industry to assist black Industrialists find market in Uganda
The Department of Trade and Industry (the dti) will take a group of Black Industrialists on an outward trade mission to Uganda from 18-23 September to assist them search for a market for their products and investments opportunities.
South Africa's top online portal Snupit has launched its mobile app. Used by over 2 million people every month, Snupit connects users to 350,000 local pros and businesses
Corporate immigration law firm Berry Appleman & Leiden (BAL) has expanded its Africa presence with a second office in Johannesburg, South Africa.
Huntkey, a global leading provider of power solutions, has introduced its new model of South African standard power strip commonly referred to as surge protector
The High Court of South Africa, Gauteng Local Division today ruled in favour of the South African Human Rights Commission (SAHRC), in the matter of South African Human Rights Commission & 3 Others v Jon Qwelane.
Pan-African telecom enabler, SEACOM, has acquired Cape Town-based Internet service provider and managed services provider, MacroLan.
Women are an undervalued force in South Africa’s economy. To grow their positive impact the Masisizane Fund, an Old Mutual South Africa initiative has a strong focus on empowering women entrepreneurs.
Talentdesk24-7 has officially gone live in South Africa. The new platform provides easy access to a constant stream of projects for experienced freelancers and consultants, while simultaneously filling the skills gap for clients.